blacktower opens office in tenerife
Blacktower Financial Management (International) has opened an office on Tenerife, the largest and most populous of the Canary Islands.
Author: International Adviser
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irish leader lends support to industry against
An Taoiseach (Irish Prime Minister) Enda Kenny has given his full support to the Irish funds industry in its opposition to elements of the Alternative Investment Fund Managers Directive (AIFMD), which are potentially damaging to the country as a fund domicile.
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man charged over ucis forgery and fraud
A man who operated an unauthorised collective investment scheme will appear in court next month after being charged with seven offences including forgery and fraud.
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EM specialist FMG unveils Maltese umbrella
FMG, a specialist in emerging market funds based in Bermuda and Malta, is launching an ‘umbrella fund’ Sicav for use by third parties interested in cost-efficiently launching their own funds.
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shanghai falls zurich kl rise in latest
Shanghai fell 11 notches, to 19th place, while Geneva climbed five and Zurich one, in the latest Global Financial Centres Index ranking.
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top five asia pacific funds over three years
With continued shocks filtering through from Europe and a slow down-now in China, now may be the time to review your client’s Asian exposure.
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kleinwort to acquire deutsches bhf private bank
The Kleinwort Benson Group is to acquire BHF Bank, a Frankfurt am Main-based private bank, from Deutsche Bank for 384m, as Kleinwort expands its presence in the private banking sector.
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canaccord to acquire eden financial
Canadian owner of Collins Stewart, Canaccord Financial, has announced it is to acquire Eden Financial for a total consideration of £16.8m, even as it closes 16 wealth management branches in Canada.
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marr joins fairbairn trust jersey
Fairbairn Trust has appointed Rosemary Marr to head its Jersey-based trust team.
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1trn Islamic finance industry set to double
Global Islamic finance will double in the next three years, according to Standard & Poor’s which said the sector is increasingly being viewed as a “real alternative to conventional finance”.
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atsg and curzon capital unveil
Curzon Capital, a London-based boutique fund promoter and adviser specialising in alternative investment funds, is launching a Bermuda-domiciled traded metals fund that aims to give investors exposure to a range of non-precious metals.
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Regulator fines adviser firm over ucis
The UK's Financial Services Authority has fined Pi Financial £58,300 for advising its clients to invest in high risk products, including Ucis, which were clearly unsuitable.