new singapore wealth managers group
An association of Singapore wealth managers with ultra-high net worth clients is gaining in size and visibility, as it enters its second year of existence.
Author: International Adviser
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hsbc obama victory boosts mena stability
Today’s election victory for US Presidential incumbent Barack Obama is likely to mean greater financial stability for the MENA region in the short and long term, according to HSBC Global Asset Management’s chief business strategist Peter Marber.
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sanlam installs croft as p2 number two
P2international has appointed John Croft to the position of head of UK & Europe, reporting to chief executive Cobus Kruger who assumed the role when Sanlam bought P2 in May this year.
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intl mortgage market brokers surprised by Lloyds
Lloyds has surprised advisers and international mortgage brokers with the news that as of tonight at 8pm, it is suspending the offering of new mortgages to expats seeking to buy properties in the UK.
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currency cloud start-up targets financial firms
A new, London-based technology company is looking to set out its cloud-based stall, in that portion of the cross-border currency trading market used by financial firms with expatriate clients and others who frequently send and receive money across borders.
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uk investors protesting over swiss franc mortgages
UK property buyers who claim that they were mis-sold Swiss franc mortgages on Cyprus properties at the height of the Cyprus property boom have taken their protest to London, where they demonstrated outside the Cannon Street offices of Alpha Bank.
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syz and co launches dividend fund
Syz & Co has launched a new high-dividend fund focusing on firms with sustainable growth of payouts rather than the highest-paying companies, it announced today.
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tax amnesty in spain closes this month
A tax amnesty in Spain offering people with undeclared taxable assets the opportunity to pay a flat 10% levy, without facing criminal or administrative penalties, is due to close at the end of this month.
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hmrc publishes swiss uk tax agreement
HM Revenue & Customs have posted a factsheet on the new Swiss/UK tax cooperation agreement, in an effort to ensure UK taxpayers and their advisers are aware of what to expect when it comes into effect on the first of January.
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singapore life insurance sales rise 8
Sales of insurance products in Singapore rose 8% in the third quarter and 10% in the three quarters to the end of September compared with the same periods last year, as investors showed a marked preference for annual premium investments, the Life Insurance Association of Singapore reported.
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pru intl unveils rdr ready replacements
Prudential International has pulled the wraps off the RDR-ready versions of its International Prudence Bond (IPB) and Portfolio Account (PA) its two main offshore bond products ahead of the 1 January 2013 implementation of the Retail Distribution Review.
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axa hsbc property and casualty insurance
An alliance between Paris-based insurance giant Axa and London-based global banking giant HSBC, in the area of property and casualty (P&C) insurance, has moved forward, with the completion of Axa’s acquisition of the bank’s P&C operations in Hong Kong and Singapore.