RL360 purchase price revealed
The amount paid by the management of RL360 and its private equity partners Vitruvian when the company was bought from its former owner, Royal London Group, has been revealed today.
The amount paid by the management of RL360 and its private equity partners Vitruvian when the company was bought from its former owner, Royal London Group, has been revealed today.
Grant Thornton and BDO have merged to create one of the largest auditing and accountancy services on the Isle of Man.
Geneva-headquartered Vistra has opened an office in the British Virgin Islands to meet growing demand for trust services there.
Victoire Asia Investments, a specialist fund management company, has received the permission from the Hong Kong’s Securities and Futures Commission to start its business in the country.
Asian investors are the most aggressive investors globally, according to a recent report, which also found them bullish on stock markets for the coming year.
The Monetary Authority of Singapore has begun a second consultation to the risk-based capital (RBC) framework for insurers, which it says is proposed to improve the comprehensiveness of the risk coverage and the risk sensitivity of the current framework.
Financial experts reacted positively to David Camerons proposed reform to the inheritance tax (IHT) threshold but doubted the reality of its implementation.
BlackRock has poached Schroder Investment Management’s Man-Yeon Choi as country head for Korea.
Fund professionals predicted growth in the real estate and private equity asset classes at the Jersey Finance annual London funds conference last week.
The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
The Hong Kong capital market regulator has waived the annual licensing fees for another two years, and says it sees this move benefitting 39,000 intermediaries.
Gary Dugan has resigned from his role of chief investment officer for Asia and the Middle East at Coutts & Co.