|
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
|
|
Barclays’ CAR Long Short Fund now available offshore
By International Adviser 06-Jul-2010 11:00 AM
Barclays Capital Cross Asset Rotator Long Short
(CAR Long Short) Fund has been made available for offshore bonds.
|
|
Matrix joins with Lazard to launch second Ucits III fund
By International Adviser 05-Jul-2010 10:00 AM
Matrix has joined with Lazard Asset Management to launch its second Ucits III fund this year.
|
|
Syz & Co rolls-out Oyster Asia Opportunities Fund
By International Adviser 02-Jul-2010 10:00 AM
Swiss banking group Syz & Co is launching an emerging
Asian equities fund.
|
|
Charlemagne to introduce 'undervalued assets' fund
By International Adviser 01-Jul-2010 10:00 AM
Charlemagne Capital has launched a fund targeting 'undervalued assets' in global emerging markets.
|
|
IFAs likely to escape any KSF IoM fallout
By International Adviser 29-Jun-2010 08:00 AM
UK IFAs facing legal complaints from offshore bond clients who lost money in the collapse of KSF Isle of Man appear increasingly
likely to escape penalty.
|
|
Invesco study reveals Mid East keen for EM exposure
By International Adviser 28-Jun-2010 08:00 AM
Gulf investors are more interested in exposure to emerging markets than their counterparts in most other regions but also favour short-term time horizons and safe rather than risky strategies, a new report, the Invesco Middle East Asset Management Study 2010, has revealed.
|
|
RBS Coutts hires Khanna as NRI & South Asia chief
By International Adviser 24-Jun-2010 08:00 AM
RBS Coutts has appointed a new head of its non-resident
Indian (NRI) and South Asia businesses.
|
|
L&C recruits senior banker to drive its Latin expansion
By International Adviser 23-Jun-2010 08:00 AM
London & Capital (L&C), the UK and US-based wealth manager, has appointed a senior private banker to drive the expansion of its southern European and Latin American high net worth client base.
|
|
Close Guernsey QROPS to be opened to life products
By International Adviser 22-Jun-2010 08:00 AM
Close Brothers Asset Management has opened its Guernsey Personal Retirement Plan QROPS to products from the life industry.
|
|
Asia Pacific to be home to a third of HNWIs by 2012
By International Adviser 18-Jun-2010 12:15 PM
Almost one-third of the world’s high net worth individuals
(HNWIs) will live in the Asia Pacific region by the end of 2011 – 2% more than in the US and 6% more than in Europe, a new study has found.
|
|
PKF Guernsey prompts payments to UK-domiciled beneficiaries ahead of Budget
By International Adviser 15-Jun-2010 08:00 AM
PKF Guernsey has urged settlors and trustees of offshore trusts to consider making distribution to UK-domiciled beneficiaries
ahead of the emergency budget this month, when a rise in capital gains tax will be announced.
|
|
Proposed tax rise could aid offshore bonds
By International Adviser 14-Jun-2010 08:00 AM
The proposed increase in capital gains tax from 18% – possibly to 40% – may boost offshore bond sales, industry figures believe.
|
|
Allianz European platform to offer customised solutions
By International Adviser 11-Jun-2010 08:00 AM
Allianz Global Investors has created a dedicated European platform offering retail and institutional investors access to customised investment solutions.
|