Legal & Regulation

Diversification

Challenging groupthink: Willis Towers Watson says most active managers over-diversify to reduce investment risk

Challenging groupthink: Willis Towers Watson says most active managers over-diversify to reduce investment risk

“Knowing more about less”: this is how Willis Towers Watson describes the process of researching fund managers. “There are 18,000 asset managers. There are more asset managers than there are stocks in indices,” says Chris Redmond, head of manager research at Willis Towers Watson. “We cannot possibly devote our time to every one of them.”

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Digital asset gateway Fasset awarded full regulatory clearance by Labuan Financial Service Authority

Digital asset gateway Fasset awarded full regulatory clearance by Labuan Financial Service Authority

Fasset, a digital asset gateway and provider of tokenisation services for sustainable infrastructure assets, has received three separate full authorisations from the Labuan Financial Services Authority (LFSA), in the Federal Territory of Labuan, Malaysia to commence its digital asset business operations from the country.