pimco launches ucits version of income fund
US investment firm Pimco has launched a Ucits version of the $19.3bn Pimco Income Fund in Ireland.
US investment firm Pimco has launched a Ucits version of the $19.3bn Pimco Income Fund in Ireland.
Credit Suisse is reportedly planning to cut its investment banking business in Dubai in order to focus on Qatar and Saudi Arabia.
Société Générale’s regional head of Asia has joined Lombard Odier as chief executive of its Singapore operation, replacing Richard Wee who takes up the new position of vice chairman of the board to oversee regional strategy.
Kleinwort Benson has appointed Nick Bennett as head of its Guernsey based private wealth management team.
On-going shocks in the global economy have made expat investors more risk-averse, but those in certain countries, such as Germany and the US, are more bullish than some others, according to the latest survey of British expatriates by Lloyds TSB International.
A receivership hearing for the troubled Axiom Legal Financing Fund has reportedly been set for next Wednesday.
An insight into the financial hopes of people living in the UK during the course of 2012, courtesy of Prudential.
It has just become harder for non-European Economic Area nationals to enter or remain in the UK as residents, after changes introduced by the UK Border Agency took effect on 13 Dec.
The overwhelming majority of executives working in financial services say they would cease trading with foreign clients due to local regulatory changes, according to a report released this morning.
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Deutsche Securities Asia and fined it HK$2.5m ($322,600, 244,700) for regulatory breaches and internal control failings relating to position limit failures.
Schroders has bought US-based STW Fixed Income Management, a value oriented US-based investment grade bond manager.
JP Morgan has launched an offshore fund for Richard Titherington, focused on dividend-paying companies in emerging markets.