royal london 360 to be sold sky
Royal London is planning to sell its Royal London 360° life operation, based in the Isle of Man, to to Vitruvian Partners, a buyout company, Sky News reported today.
Author: International Adviser
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DeVere’s Green expanding Acuma into Hong Kong
The deVere Group’s founder and chief executive is to expand the Acuma wealth management operation he bought earlier this year into Hong Kong next week, as the first step in a planned roll-out across Asia, International Adviser can exclusively reveal.
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how offshore bonds make pensions sense
Following heavy cuts in pension allowances, and more expected within the year, an offshore bond is a useful consideration to complement a pension fund. The trick is to invest both to best effect.
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BNY Mellon unveils key elements
BNY Mellon has been approved for a capital markets services licence in Singapore and has unveiled a new, Tokyo-based Asia-Pacific capital markets business, as it looks to expand its investment capabilities in Asia.
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tax justice network again names switzerland
Switzerland has once again been named the world’s most secretive jurisdiction by the Tax Justice Network, a UK-based campaign group.
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nedbank aims to double mideast client base
Nedbank Private Wealth is aiming to double its client base in the Middle East over the next year, with plans also afoot to expand into Asia, according to the wealth manager's Middle East and Asia head Andrew Bates.
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axa to buy 51 of colpatrias insurance biz
Axa, the Paris-based global insurance giant, has agreed to buy a 51% stake in the Colombian insurance operations of Grupo Mercantil Colpatria, as it looks to enter that South American market.
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kpmg swiss banks need 8bn aum
Swiss private banks will need to double their assets under management if they are to survive in a climate of consolidation, smaller margins and growing regulatory requirements, according to a recent KPMG study of Swiss banks.
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rathbones scores key win in jersey
Rathbone Brothers is deciding whether to lodge an appeal against "certain aspects” of a judgment that mostly found in its favour, in a legal battle involving a Jersey entity it sold in 2008.
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shifting sands
The days of the all-expenses-paid expat lifestyle are gone, and shorter stints abroad have also become the norm. This has necessitated a shift in thinking for expatriates' wealth planners, Coutts's Gary Dugan points out.
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devere announces acquisitions of two asia managers
The deVere Group said today that it had acquired the Shanghai-based Elite Investment Group as well as the Hong Kong-based wealth management and IFA platform arm of the Precision Group Asia.
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martin leaving praemium as north co founder
Praemium, the Australian Stock Exchange-listed, Melbourne-based platform company, said it had hired North Investment Partners’ co-founder Rebecca Murphy to help advisers and investment managers with their clients’ portfolios, out of its London office.