News

Nearly half of Singapore investors are positive about future investment prospects, research by Friends Provident International (FPI) suggests.

SWIP has launched its third multi-manager vehicle for duo Mark Harries and Simon Wood, the Optimal Multi-Asset fund.

In a story published yesterday about Peter Roope being jailed for fraud we incorrectly reported Mr Roope was a former adviser with OFS Dubai, part of deVere and Partners.

Iceland will hold a referendum to decide whether to repay money lost by Dutch and British savers when Icelandic banks collapsed.

Independent advice firms could be forced to offer restricted services unless the FSA scales back its definition for retail investment products in the RDR, the Association of IFAs (AIFA) says.

Exchange-traded product issuer Source has unveiled nine ETFs providing exposure to US sectors through a European listed Ucits III compliant structure.

Cirencester friendly has launched a tele-interviewing service to its Income Assured Plus product.

Aviva has acquired US equity manager River Road Asset Management as it looks to grow its institutional business and expand in the US market.

WisdomTree has launched an international hedged equity ETF offering access to Europe, Australasia and the Far East.

The FSA has hired a consumer adviser in a bid to strengthen its understanding of consumer issues.