US
Investment | 5 Apr 17
High hopes for marijuana ETF launch
A ‘Marijuana ETF’ has been launched to track the performance of firms producing or selling the drug, following a boom in its trade across Canada and the US.
North America | 4 Apr 17
Former adviser faces 20 years in jail for duping ex-Spurs star
A former financial adviser is facing up to 20 years in prison after pleading guilty in a multi-million dollar fraud case involving retired San Antonio Spurs basketball player Tim Duncan.
Asset managers turn sour on Anglo-Saxon equities
With Theresa May formally triggering the start of the process that will take the UK out of the European Union, UK equity sentiment hit another record low. Return expectations for US equities also fell into negative territory.
North America | 28 Mar 17
US regulator shuts down scam targeting elderly investors
The US Securities and Exchange Commission (SEC) implemented an emergency asset freeze and temporary restraining order against an investment adviser and his financial management company accused of scamming elderly investors out of millions.
North America | 27 Mar 17
BlackRock and Vanguard call for delay to US adviser reforms
BlackRock and Vanguard have called on US officials to delay the introduction of landmark rules forcing financial advisers to act in the best interests of their clients, raising concerns the new regulations will confuse investors and add unnecessary costs to the financial service industry.