Shares in Felda Global Ventures Holdings were priced near the top of a forecast range on Wednesday, as predictions that the initial public offering of a Malaysian plantation owner would be the second largest of the year, after Facebook, came true.
Platform providers are breathing a sigh of relief following news that the Financial Services Authority is to delay, by a year, what some have said are potentially onerous new information reporting rules that are being brought in as part of the FSAs Retail Distribution Review.
RBC Wealth Management has appointed Yousif Banayoti as director of its London-based Middle East & Levant desk.
Plans to ease the regulatory burden on the private banking sector in Hong Kong to make it more competitive have been announced by HK Monetary Authority chief executive Norman Chan.
In the recent UK Budget, there was significant emphasis on the offshore tax environment. Axa Wealth Management’s Richard Leeson and Simon Martin say three significant changes in the life insurance sector help explain what it could mean to investors.
Only one third of British expatriates who have moved to China view the move in a positive light, according to findings in the latest NatWest International Personal Banking quality of life index.
This years event took place on 31 May at the Capella Hotel.
The residents of the Falkland Islands are to vote next year on whether they wish to remain a British territory.
Southeast Asian investors are expected to pile into shares in a Malaysian plantation owner, in what experts say will probably be the second-largest initial public offering of the year after Facebook.
Morningstar OBSR has placed BlackRock’s US Dynamic Fund and its offshore equivalent, BlackRock Global Funds US Flexible Equity, under review following news manager Bob Doll is to retire.
A former head of the Hong Kong Monetary Authority has said the jurisdiction should reconsider its US dollar peg and consider instead linking to the renminbi.
EFG Asset Management, the fund management arm of EFG International, has re-shuffled its Hong Kong-based senior management team, introducing two new roles.
