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NEWSLETTER | 8 Jun 2020  
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Financial services overlooked in Brexit talks, warns think tank

UK financial services face an uncertain future post-Brexit, as a think tank warns that the country’s dominant services sector has been overlooked in the trade negotiations with the EU.

 
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FCA bans contingent advice for DB pension scheme transfers
Mon | 8 Jun 2020, 12:01
The UK’s Financial Conduct Authority has taken steps to improve the advice given to those considering transferring their defined benefit pensions, by banning financial advisers from “contingent charging”. The practice has, in the past, allowed financial advisers to charge for advice only if a transfer goes ahead.
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ComplianceAsia Consulting partners with IMAS to launch online compliance training portal
Mon | 8 Jun 2020, 12:01
ComplianceAsia Consulting, a compliance consulting firm headquartered in Singapore, has partnered with the Investment Management Association of Singapore (IMAS) to create content for iLearn, an online portal which centralises curated training programmes for Singapore’s asset management professionals.
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BNP Paribas Securities services employs Natural Language Generation to enhance global custody experience
Mon | 8 Jun 2020, 12:01
BNP Paribas Securities Services, a global custodian with USD10.6 trillion in assets under custody, is using Natural Language Generation to help its global custody clients enhance monitoring and oversight of their operations.
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Storebrand Asset Management opens independent office in Denmark
Mon | 8 Jun 2020, 12:01
Storebrand Asset Management will strengthen its dedication to the Danish market by launching its own branch in Copenhagen, focusing on distributors and the institutional segment.
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Balchug Capital establishes presence in Armenia with new Yerevan office
Mon | 8 Jun 2020, 12:01
Moscow-headquartered, event-driven and value investment manager Balchug Capital has opened a new office in the Armenian capital, Yerevan. 
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Federated Hermes expands fixed income team with investment director hire
Mon | 8 Jun 2020, 12:01
Federated Hermes has appointed Anna Karim as investment director in its Fixed Income team in London, to address growing interest from clients and prospects in fixed-income solutions.
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Evenlode Investment adds non-exec director
Mon | 8 Jun 2020, 12:01
Evenlode Investment, an independent Oxfordshire-based UK and global equities manager, has appointed fund manager Charles Park as non-executive director.
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