New business at Standard Life International fell during the first half of this year, which it said was reflective of a volatile trading period, although the group has posted an operating profit much ahead of expectations.
Aviva Asia is to acquire around 81% of the holding company which owns Professional Investment Advisory Services Pty (PIAS), one of the largest financial advisory firms in Asia.
Henderson Global Investors has confirmed the closure of its Japan Absolute Return Fund and two mergers involving four other funds as its rationalisation process nears completion.
HM Revenue & Customs has published a consultation paper proposing to level one aspect of the tax treatment between onshore and offshore bonds, although industry experts are split on the impact this is likely to have.
continental Europe within the next two years. “My first task is to get a firm hold of Geneva and then we will be able to develop the whole Globaleye system throughout Europe, and ultimately take that into the major capitals around Europe,” Pacitti adds. Whether Globaleye succeeds in its quest for Swiss dominance depends in…
With a high concentration of multinational and financial services firms headquartered in Switzerland, expat advisers in the Alpine region are discovering a range of opportunities, writes Will Jackson.
Sales of bond fund across the world are continuing at record pace, according to recently released data, proving investor appetite for income remains very high.
E.I. Sturdza Strategic Management Ltd, a Guernsey-registered and regulated fund manager, has unveiled a renminbi share class for its recently-launched, Irish-domiciled Ucits global bond fund.
Mark Recardo, the former chief executive of International Financial Services Qatar, has joined AES International in Dubai.
Bank of America Corporation has agreed to sell its international wealth management business to Swiss private banking group Julius Baer for an estimated 1.2% of client assets.
Problems in the eurozone and investor concerns over some risk assets are pushing investors towards Islamic finance, says Bank of London and the Middle Easts Nigel Denison, head of treasury and wealth management.
Cazenove Capital Management is planning to open an office in Hong Kong by the end of this year, pending approval from local regulators.
