US - Legislation limiting the type of structured products that can receive ratings from credit ratings agencies has been introduced in the US this week, in a bid to restore confidence to the market.
Under the House Bill, introduced by US representatives Mike Castle and Gary Ackerman, the Securities and Exchange Commission (SEC) would be directed to issue rules which would define the types of structured...
Partner Insight: Russell Investments' David Rae and Paul Wharton discuss how fiduciary management has changed in response to a shifting market context and what we might expect to see going forward
Industry Voice: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
Two years have passed since the Law Commission's landmark review that attempted to clear up confusion over trustees' fiduciary duties. Stephanie Baxter finds despite some initial progress there is much more work to be done.
Catherine Howarth has been an appointed as an ambassador for the Transparency Task Force (TTF)
Michael Klimes looks at the latest proposal to bring transparency on asset manager costs.