JP Morgan cuts costs on Luxembourg SICAV range
JP Morgan Asset Management (JPMAM) has lowered operating and administration costs by 10 basis points on key share classes in its Luxembourg SICAV fund range.
Author: Mark Battersby
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Allfunds Bank hires Shapland to spearhead fund platform’s ‘next stage’
Allfunds Bank, one of Europe’s largest mutual fund platforms, has named Simon Shapland to “take it into its next phase” as the new head of its office for UK and Ireland, with immediate effect.
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Hector Sants joins Julius Baer International
Former Financial Services Authority chief executive Hector Sants has been named as the chairman of Julius Baer International from 1 July.
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Passive funds to grow in popularity across Asia Pacific region says report
Passive funds are set to be increasingly used as core holdings for client portfolios in the Asia-Pacific region, according to a report by global analytics firm Cerulli.
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Saudi Arabian stock exchange opens to foreign investors
Saudi Arabia has today opened its $570bn Tadawul stock exchange to direct foreign investments for the first time, which is widely seen as a crucial stepping stone to the kingdom’s entry into the MSCI Emerging Markets index.
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Swiss frank: Asset allocator with EI Sturdza
Georges Gutmans, managing director of EI Sturdza Strategic Management, explains the evolution of its Dublin-domiciled funds that are currently benefiting from a strong Swiss focus, while assessing the possible challenges that lie ahead.
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Neutral territory: Asset allocator with Infini Asset Management
Vaibhav Jain, founder and director of Infini Asset Management, explains how his hedge strategy delivers in both good times and bad – and the importance of maintaining a market-neutral stance.
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What the future holds for the new retirement landscape
We have now emerged into the brave new world of pension freedom, says Matt Ward, head of communications, AKG Actuaries & Consultants. What is different and how will things unfold in 2015/16 as the market continues to respond to the changes?
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Elian launches New York office
Global corporate services provider Elian has opened an office in New York, with plans to target intermediaries and clients across the Americas.
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Mondial Group rejects commission for new consultancy
Dubai-based financial advisory business Mondial Group has formally launched a new insurance consultancy which has salaried rather than commission remunerated staff.
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Boal & Co gains trustee licence in Gibraltar
Isle of Man headquartered Boal & Co has obtained a trustee licence for its Gibraltar QROPS business following approval from the British overseas territory’s regulator.
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Tax evader crackdown by HMRC widens to smaller cases
A sharp fall in the average length of custodial sentences given to criminal tax evaders is a clear signal that HM Revenue & Customs is increasingly targeting smaller cases, according to research by Pinsent Masons.