News
The plus and minus of China’s new foreign ownership rules
China recently announced it would ease foreign ownership limits for fund management firms, but huge challenges await foreign players that want to enter China’s retail investor market, industry sources said.
Investment | news 16 Nov 17
Stock Connect turnover passes $1trn
The total value of trading over the two Mainland-Hong Kong Stock Connect schemes since the launch of the Shanghai link three years ago has surpassed $1trn.
Regulator gives STM more time ahead of failings probe
The Gibraltar Financial Services Commission has agreed to stand inspectors down ahead of a new court date.
Pensioners opt for financial advisers over Pension Wise
Consumers entering income drawdown are three times more likely to seek professional financial advice than they are to use the government’s free Pension Wise service, according to new research by AJ Bell.
Investment | news 16 Nov 17
UK’s worst manager shuts up shop
Jayesh Manek will be shutting his flagship growth fund after 20 years, following years of being one of the UK’s worst performing managers.