blackrock broadens emd range
BlackRock has launched two new emerging market debt funds and amended the investment policies of a pair of existing funds, as Sergio Trigo-Paz and his team make their mark after joining the firm last year.
BlackRock has launched two new emerging market debt funds and amended the investment policies of a pair of existing funds, as Sergio Trigo-Paz and his team make their mark after joining the firm last year.
The recently launched Victus European Student Accommodation Fund has been listed on three life company platforms following adviser and investor demand.
The Sovereign Group has acquired JLJ Group, an “integrated services provider” in China.
Old Mutual has restructured a number of its funds, and has rebranded the next set of Dublin-domiciled Skandia Global Funds, effective 19 April.
Saudi Arabia is considering changing its working week to Sunday through Thursday, to bring it into line with most of its Gulf neighbours, but is finding the move opposed by traditionalist clerics.
With employment and education scattering family members across the globe, lifestyles are becoming increasingly multi-national.
The number of foundations based in Jersey has grown to more than 200 in the less than four years since they were introduced.
Standard Life has released record results for its first quarter of 2013 with a 24% rise in long-term savings sales, up to £6.3bn compared to £5bn year-on-year. The group assets under administration (AUA) are up 7% to reach a record £233bn.
Swiss finance minister Eveline Widmer-Schlumpf has revealed an antipathy towards trusts, which appears to mirror the thinking behind France’s recent move to force trusts to report on any French tax-resident beneficiaries they may have.
Axa has agreed a deal to buy 50% of a property and casualty insurance company in China which it says has “strong direct capabilities”.
Investors taking a summer holiday from the market last year would have missed out on returns of 4%, while summer sell-offs and their resulting slumps have been few and far between over the longer term, according to Bestinvest research.
Financial services group Praxis has launched a range of pension products through its Malta subsidiary.