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The rise of social media platforms like LinkedIn and Twitter has been unprecedented over the last couple of years. LinkedIn now has some 313 million users and in Q2 2014 its revenues rose by 47 per cent to USD534m reported the Wall Street Journal on 31 July 2014. McKinsey estimates that there is a GBP772bn opportunity for business to use social media. All of us use social media in one form or another but when it comes to applying it to the workplace, the asset management industry has remained largely apathetic. This would appear to stem from a fear of falling foul of compliance in what has become a tightly regulated market. One of the pillars of any asset manager's marketing strategy today should include social media but it's important to understand the potential roadblocks. This prompted SEI recently to publish a brief on the subject entitled "Stepping in to Social Media", in which eight tips and considerations are presented for investment managers. "I think it's true to say that all asset managers have been reluctant to get into social media. From a compliance perspective, there's a lot less control over the way information is broadcast and who you, as a firm, are communicating with," says Lori White (pictured), Marketing Regulation Counsel, SEI. "The reluctance has largely been from compliance officers as they look to get comfortable complying with existing regulation." Click here to continue reading

Asian stocks slipped in early trade on Monday and the dollar stepped back from its recent highs as disappointing Chinese trade data and uncertainty over the crisis in Ukraine kept risk appetite in check. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost 0.2 percent, and Australian shares .AXJO shed 0.5 percent. U.S. stock futures fell 0.2 percent from their record closing high on Friday. The euro remained near recent highs, with bulls still heartened by the European Central Bank's reluctance last week to take further policy action. For more online publication of latest news, visit the following: http://deepbluegroup.org/ http://deepbluegroup.org/about.html