News
Alternatives | news 2 Mar 18
PEOPLE MOVES: Nedbank, Prudential and HSBC
Nedbank Private Wealth is changing its managing director, Prudential appoints a chief risk officer and HSBC names its head of financial crime risk transformation for the Isle of Man and Channel Islands.
UK regulator declares DFM insolvent
The Financial Conduct Authority (FCA) has declared discretionary fund management firm Beaufort Securities and its clearing arm, Beaufort Asset Clearing Services, insolvent.
Could Trump’s tariffs derail global growth?
Donald Trump’s announcement that the US will introduce import duties on steel and aluminium is being described as a how-to move on triggering a stock sell-off, with industry-heavy funds and indices set to suffer from the protectionist move.
Best Practice | news 2 Mar 18
Guardian Wealth secures corporate chartered status
The UK arm of Guardian Wealth Management Group’s international business has received corporate chartered status, the company confirmed to International Adviser.
FCA boss rejects Mifid II enforcement at all costs
FCA chief executive Andrew Bailey has rejected arguments Mifid II rules should be implemented whatever the cost to markets.