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NEWSLETTER | 2 Oct 2020  
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  LATEST NEWS
Financial institutions are set for a once in a generation change, says PwC report
Fri | 2 Oct 2020, 11:17
The primary role of a traditional bank providing financing and capital is set to be challenged further in a post Covid-19 world by non-banks, according to a PwC report, “Securing your tomorrow, today – The future of financial services,” which predicts that alternative providers of capital are set to become an even more important part of the global financial system.
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Investor Confidence down in September by 2.2 points to 83.9
Fri | 2 Oct 2020, 11:17
The State Sreet Global Investor Confidence Index decreased to 83.9 in September, down 2.2 points from August’s revised reading of 86.1. 
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Conning’s GEMS Economic Scenario Generator selected by the NAIC to provide scenario files for the US life insurance industry
Fri | 2 Oct 2020, 11:17
Conning, a provider of risk and capital management software and professional services to the financial industry, has been chosen by the National Association of Insurance Commissioners (NAIC) to provide its GEMS Economic Scenario Generator scenario files for use in calculations of life and annuity statutory reserves and capital under the NAIC RBC requirements.
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TMF Group to acquire Selectra Management Company
Fri | 2 Oct 2020, 11:17
TMF Group is to acquire the Selectra Management Company from Farad Group. Completion of the transaction is subject to regulatory approvals from the Commission de Surveillance du Secteur Financier.
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Vontobel appoints Head of Fixed Income Boutique
Fri | 2 Oct 2020, 11:17
Vontobel Asset Management has appointed Simon Lue-Fong as Head of its Fixed Income Boutique and member of the Asset Management Executive Committee from 1 October, 2020, further strengthening the firm’s investment expertise across its fixed income capabilities.
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