Tech giants pose threat to fund houses

The likelihood of technology giants entering the fund market has increased as many of these groups have accessed the financial services arena through online payment businesses.


World economy: Steady as she goes - EFG

For the world economy, the overall assessment so far in 2014 is one of ‘steady as she goes’. Economic growth is firm, if unspectacular. Encouragingly, it is being helped by a pick-up in global trade and prospects on that front remain good.