UAE considers expat pension schemes
Pension schemes could soon be available for expat workers in the UAE, following a study that recommends replacing traditional end-of-service gratuity schemes with a savings investment fund.
PEOPLE MOVES: UBS, Franklin Templeton, Succession
UBS is to replace its head of wealth planning, Succession names a new chief executive to replace its founder who died and Franklin Templeton appoints a head of distribution in the Nordics.
Alternatives | 19 Dec 17
Global whisky investors’ £10k habit
Whisky investors are spending on average £10,000 a year on rare malts and amassing collections worth £75m, according to a world wide survey.
FCA shuts down £1.2m Cyprus investment scam
An unregulated Cyprus-based investment scheme has been shut down by the High Court following an application by the UK’s Financial Conduct Authority.
OMGI sold in £600m private equity deal
A private equity firm is set to take over Old Mutual Global Investors (OMGI) next year, ending months of speculation on the future of the asset manager.