Charles Barrows has been named the new managing director of Friends Provident International Hong Kong with immediate effect, following a restructure which saw the departure of former Asia chief James Tan.
Fund service provider JTC Group has completed its acquisition of GAM’s Cayman Island-based fund administration business.
Jersey and Guernsey will no longer appear on Italy’s tax blacklist, after the Italian parliament revised provisions in the country’s tax code relating to blacklists on corporate taxation and controlled foreign companies (CFC) rules.
Several senior appointments were announced this week, with Schroders creating a new role, Artemis appointing a new chief investment officer, and State Street Global Advisors naming a new fund head in the Netherlands.
Following a year packed with change, announcements, and consultations, Canada Life International’s Neil Jones gives his view on what to expect on the tax and investment front in 2016.
The Gibraltar Stock Exchange (GSX) has received regulatory approval to expand its services to include closed-ended funds and debt securities.
South African robo-advice provider SmartRand has opened up the country’s financial advice market to lower level investors, creating much broader demand.
Ivy Global Investors, the distributor of the Ivy Global Investors Fund Sicav, has expanded its Luxembourg-domiciled Ucits fund range with the introduction three new products.
Barclays is expected to announce further job losses in its Asia investment banking sector, with corporate finance and advisory staff in South Korea and Taiwan and equities sales and research staff across the region also under the cosh, according to Reuters.
Gary Davis and Jason Rees upped sticks in London almost 15 years ago to move to Mexico City, attracted by the lure of an untapped financial services market with seemingly little competition.
Investment platform Cofunds has launched a new feature to help financial advisers better monitor and manage their clients’ decumulation strategies.
The appointment merry-go-round has begun to turn in 2016; with Aviva Investors, Old Mutual Global Investors, and BNP Paribas Securities Services among those announcing appointments, promotions, and departures.
