Saudi Arabia, one of the largest and richest countries in the Middle East, will not be so wealthy in years to come, forecasts a new report from WealthInsight.

Following the announcement of the partnership between Lyxor and J.P. Morgan, Lyxor listed on Xetra on the 10th July 2015 five ETFs designed to capture the low size, value, quality, low beta and momentum factors respectively within the European equity universe.

The European Securities and Markets Authority (ESMA) has launched a consultation on proposed Guidelines on sound remuneration policies under the UCITS V Directive and AIFMD. The Directive includes rules that UCITS must comply with when establishing and applying a remuneration policy for certain staff categories and the proposed UCITS Remuneration Guidelines further clarify the Directive's provisions.

“A billion here, a billion there, and pretty soon you're talking real money.” Used for decades to describe the perceived high and ever-increasing level of government expenditures, this memorable phrase of unclear origin may also offer insight for those building investment portfolios today. Consider a slightly modified version: Potential loss here, potential loss there, and pretty soon you're talking real Risk, with a capital “R”.

European Smart beta ETF market flows are still positive in the second quarter of 2015, but growth has decelerated compared to Q1 2015. NET NEW ASSETS (NNA) year to date (30/06/2015) amounted to EUR 2.3 billion, i.e. 60% of the 2014 NNA within the first half of the year. Total assets under management are up 41% compared to the end of 2014, reaching EUR 10.9 billion.