Guaranteed products gain in volatile markets, says Beechwood
Beechwood Bermuda, a provider of capital guaranteed investment plans for the international market, said current market volatility has put it on course for record monthly sales.
Australian adviser sues former employer for $1.5m bad advice
An Australian financial planner is suing his former employer Westpac Institutional Bank for A$800,000 ($591,704, £444,479) on the grounds that his colleagues gave him bad advice about investing in structured financial products.
Costs seen as top reason for ETF use, but income attractive
British professional investors are increasingly drawn in by the cost efficiency, liquidity and income earning potential of ETFs and ETPs, a study commissioned by Source UK Services found.
Eastspring teams up with Vontobel to offer funds in Taiwan
Eastspring Investments has announced a distribution agreement with Vontobel to offer funds in Taiwan, giving the asset manager access to retail investors in the key financial hotspot.
MCB launches Mauritius-based India sovereign bond ETF
MCB Capital Markets, the investment banking arm of the MCB Group in Mauritius, and ZyFin have launched an exchange traded fund which will provide international investors with access to the Indian sovereign bond market.