Asset Management
UAE to boost funds industry with passporting system
Move aimed at encouraging funds to set up in the UAE rather than Ireland, Luxembourg or Mauritius
US asset management firm to return over $5m to investors
The company was acquired by BB&T Securities and mislead its clients
French asset manager refutes tax fraud claims
The firm is under investigation by French financial authorities for tax fraud and money laundering
CBA to sell global asset management business
Australian bank also hires CEO and CFO for its wealth management and mortgage broking operation
Generali buys Poland’s Union Investment
Italian insurer widens asset management push, while Axa quits Ukrainian market