|
Gemini teams with Motilal Oswal for Ucits III offering
By International Adviser 31-Aug-2010 08:00 AM
Gemini Investment Management is set to launch its first Oeic in conjunction with Indian fund manager Motilal Oswal Asset
Management.
|
|
Investors flee Europe as redemptions skyrocket
By International Adviser 30-Aug-2010 08:00 AM
The European funds industry suffered a mass exodus of client money in May, with investors redeeming a net total of €18bn ($23.3bn) during the month.
|
|
Glendevon King launches Lux global bond fund
By International Adviser 27-Aug-2010 08:00 AM
Glendevon King has launched a global bond fund for European investors.
|
|
New Star, Henderson products merged
By International Adviser 25-Aug-2010 08:00 AM
The New Star European Growth Dublin Oeic has merged into the Henderson Horizon Luxembourg Sicav and been renamed the
Henderson Horizon European Growth Fund.
|
|
BNY Mellon, Western get approval for China venture
By International Adviser 24-Aug-2010 08:00 AM
BNY Mellon and Western Securities have set up a joint venture investment company in China.
|
|
Royal London 360º claims mirror funds underperform
By Internatiional Adviser 23-Aug-2010 08:00 AM
Royal London 360° has highlighted the underperformance
of life company ‘mirror’ fund links versus direct investments.
|
|
Friends Provident International slams claim
By International Adviser 20-Aug-2010 08:00 AM
Friends Provident International (FPI) has hit back at the research from Royal London 360° on life company mirror funds, saying it is counterproductive.
|
|
Singapore’s Jigsaw Wealth Mgt clarifies deVere deal
By International Adviser 17-Aug-2010 08:00 AM
Singapore’s Jigsaw Wealth Management has sought to clarify its staffing deal with deVere Recruitment amid growing pressure to
explain the terms of the arrangement.
|
|
BlackRock offers its Global funds range in Singapore
By International Adviser 16-Aug-2010 08:00 AM
BlackRock, the New York-based funds giant, has made a range of popular BlackRock investment products available to retail investors in Singapore who previously could not access them.
|
|
Rudolf Wolff puts faith in London with Luxembourg-domiciled property Sicav
By International Adviser 13-Aug-2010 08:00 AM
Rudolf Wolff, a specialist UK investment house, has
launched a Luxembourg-domiciled central London commercial property fund.
|
|
Offshore funds queuing up for inclusion in IMA sectors
By International Adviser 09-Aug-2010 08:00 AM
The IMA opened its fund sectors, which classify funds on asset class and strategy, to offshore funds from April 1.
It said a total of 314 submissions have been received from offshore fund providers seeking entry to IMA sectors.
Some 106
|
|
Kotak Mahindra unveils Indian closed-ended debt fund
By International Adviser 06-Aug-2010 08:00 AM
Kotak Mahindra is launching an Indian corporate debt fund structured to help foreign investors access the India debt market.
|
|
EFAMA issues wake-up call on retirement plan products
By International Adviser 05-Aug-2010 08:00 AM
A so-called pan-European long-term savings product is needed to help Europe’s ageing population plan for retirement, a gathering of top European funds industry executives, regulators and investors agreed last month.
The issue of long-term
|
|
Dubai FSA loosens rules to lure foreign fund business
By International Adviser 04-Aug-2010 08:00 AM
The Dubai Financial Services Authority (DFSA) has implemented a number of changes to its investment funds regime to make it
easier for firms based outside the DIFC to launch funds into the jurisdiction.
|
|
Schroders Asian funds embrace zloty
By International Adviser 03-Aug-2010 08:00 AM
Schroders has added a Polish zloty hedged share class to its
Asian Total Return and Asian Convertible Bond funds, based
on expectations that the currency will strengthen against
the dollar and on its positive economic outlook for Poland.
|
|
DeVere has eye on US for fund platform
By International Adviser 02-Aug-2010 08:00 AM
The deVere Group is planning to offer its fund platform to expats in the US and may open offices in New York and Miami to service and advise them
|
|
Warning over QNUPS IHT mitigation
By International Adviser 30-Jul-2010 08:00 AM
The chairman of Guernsey’s QROPS committee has warned investors to be wary of using a QNUPS simply for IHT mitigation
purposes and said IFAs need to fully understand the
implications of the recently introduced schemes.
|
|
Guernsey & Jersey to review corporate tax codes ahead of zero-10 investigation
By International Adviser 29-Jul-2010 08:00 AM
Guernsey and Jersey have issued consultations on their corporate tax codes, ahead of a September review of zero-10 corporate tax regimes by the EU body which monitors tax
compliance.
|
|
Blacktower opens office in Brittany
By International Adviser 28-Jul-2010 09:45 AM
Blacktower, a financial advisory firm with a sizeable presence
in Spain, Portugal, Gibraltar and France, has opened an office
in the Brittany city of Nantes, France.
|
|
Wealth firm for female clients opens offices in Abu Dhabi
By International Adviser 26-Jul-2010 03:30 PM
A new wealth management company run mostly by women, which seeks to accommodate the special needs of female clients,
has been launched in Abu Dhabi.
|
|
Aegon Ireland escapes cuts hitting UK-based business
By International Adviser 21-Jul-2010 08:00 AM
Aegon’s Irish-domiciled international business will not be affected by the 25% cuts being imposed on its UK life and pensions business.
|
|
Collins Stewart purchases private HNW manager ACL
By International Adviser 20-Jul-2010 12:00 PM
Collins Stewart Wealth Management (CSWM) has bought London-based private client wealth management and advisory firm Andersen Charnley (ACL).
|
|
Aberdeen planning Jersey-based Lat Am income fund
By International Adviser 19-Jul-2010 11:00 AM
Aberdeen is set to launch a Latin American Income Fund for managers Devan Kaloo and Brett Diment.
|
|
Isle of Man regulated fund structure scheme unveiled
By International Adviser 16-Jul-2010 11:00 AM
The Isle of Man has introduced a new regulated fund structure to meet increasing demand from providers and investors for
schemes with high levels of regulatory oversight.
|
|
Superfund axes jobs, shuts offices to survive the slump
By International Adviser 15-Jul-2010 11:30 AM
Superfund, the managed futures investment manager,
has closed six sales offices and made a number of staff redundant in a costcutting drive it said was necessitated by the financial crisis.
|
|
Julius Baer in Hong Kong is fined HK$3m
By International Adviser 14-Jul-2010 11:00 AM
Julius Baer in Hong Kong has been fined HK$3m for compliance failings, chiefly for failing to distinguish between retail investors
and professional investors and making inadequate records of advice it had given.
|
|
Lloyds TSB Int’l rolls-out new account for British expats
By International Adviser 12-Jul-2010 10:00 AM
Lloyds TSB International is launching a new account for British expats living overseas.
|
|
Abbey Int’l increases fixed interest rate
By International Adviser 09-Jul-2010 10:00 AM
Abbey International has increased the rate of interest on its 12 month fixed rate contracts.
|
|
Guernsey bank deposits grow for first time in over a year
By International Adviser 08-Jul-2010 10:00 AM
Bank deposits grew in Guernsey for the first time in more than a year during the first quarter of 2010.
|
|
Deutsche Bank & Winton rollout managed futures fund
By International Adviser 07-Jul-2010 10:00 AM
Deutsche Bank and Winton Capital Management are launching a Ucits III compliant version of Winton’s Diversified Program Fund
|