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7 Financial Sector Developments and Trends to Watch in 2019

04/01/2019
Reading Time: 5 mins read
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Mutual Fund Investments to Soar in the Investment Management Space

Securities & Exchange Commission (SEC) issued a directive for all investment management companies to wind up their Fixed Deposit retail products.  The public should therefore be aware not to invest in schemes that promise a definite return to investments at the end of a period. 

Investment managers who have hitherto operated well within the space now have to create investment products that offer open-ended returns.  They too like the banks would need to do more to build public confidence in their brands.  They haven’t got as wide margins as the banks to spend on PR and advertising, they would be expected to be innovative in their campaigns to do more with little.

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