London Stock Exchange Group (LSEG) has signed a memorandum of understanding (MoU) with Haitong Securities. 

The two say they will work closely together to collaborate around RMB ETFs tracking Chinese securities; develop RMB fixed-income product innovation, facilitate access for Chinese investors to LSEG Capital Markets, help promote London IPO opportunities to Chinese corporates and explore opportunities to co-operate on new index and derivatives products.

LSEG CEO Alexander Justham said: “London is the world’s most international financial market and a natural partner to China in its global development. Our agreement will accelerate progress towards significant and exciting milestones in this important new chapter in global finance.”

Haitong chairman Wang Kaiguo said: “As China’s Capital Markets gradually open up, an increasing number of Chinese enterprises are seeking overseas development. These new market dynamics have generated plenty of cross-border financing and investment opportunities.”

Australia has taken a decisive step towards its advancement as a global investment market, notes the Alternative Investment Management Association (AIMA), the global hedge fund industry association, with the smooth passage of the Investment Manager Regime (IMR) legislation through the Australian Parliament.

In his latest piece, Robert Kleinschmidt, CEO and CIO of Tocqueville Asset Management, looks at two potential events that have cast a shadow on the markets for quite some time now: rumors of a Greek default and a Fed rate hike. Both have sent investors panicking for the nearest exits. But, will investors buy the news?  Who knows, but they should.

The 100 largest investors globally in infrastructure have a combined $242 billion invested in the asset class, according to a new briefing from private equity data specialist Preqin. This is up 14 percent on the amount these institutions had invested as of the same point in 2013. 

The Islamic Reporting Initiative and the Social Stock Exchange have formed a strategic partnership to work towards compatibility in terms of reporting on Corporate Sustainability and Social Responsibility (CSSR).

Euroclear Sweden has affiliated a certificate based on the digital currency Bitcoin.