HSBC Investments has launched a Russian equity fund in a bid to target emerging markets growth.
The asset management firm said the fund would be benchmarked against the MSCI Russia 10/40 index and would hold a concentrated portfolio of between 20-30 stocks – which it said could include locally-listed...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.