Standard Bank IOM trust arm closed down in May
The Isle of Man regulator has announced that Standard Bank Trust Company (Isle of Man) ceased doing business from 31 May this year.
Author: Mark Battersby
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Nomura coo shibata returns to role at nikko am
Tokyo-based Nikko Asset Management is set to appoint former Nomura Holdings chief operating officer Takumi Shibata as its new chairman.
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hope springs brooks macdonald
Brooks Macdonald’s flexible approach to portfolio construction is yielding global results, says the company's chief investment offcer for international clients, Kevin Boscher.
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appleby acquires iom based caledonian trust
Appleby, one of the world’s largest providers of legal and fiduciary services, has acquired Caledonian Trust (IOM) Limited and Caledonian Fund Services (Europe) Limited as part of the group’s growth strategy.
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Joint qrops initiative abacus carey wins malta
Fiduciary and fund services specialist Abacus has been granted a retirement scheme administrator licence by the Malta Financial Services Authority, paving the way for a QROPS product launch "in the near future&rsquo".
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esma signs alternative investment fund agreement
The European Securities and Markets Authority (ESMA) has approved co-operation arrangements on the supervision of alternative investment funds between EU regulators and 34 jurisdictions across the rest of the world.
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aberdeen veteran hugh young warns of soft closure
Singapore-based Aberdeen veteran fund manager Hugh Young has warned that a sudden $5bn inflow to its Asia Pacific strategy could force its flagship $10.3bn Sicav fund to soft close to new business.
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uae bureau to give credit scores for first time
The UAE's new credit bureau is expected to be up and running in July with recruitment to key positions already well underway, according to media reports.
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transcontinental express fund distributor with mg
M&G took the eurozone by storm after it was bought out by the Pru and Jonathan Willcocks says it has used its success in the region as a launch pad to enter markets further afield.
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brooks macdonald intl names Jersey bus dev team
Brooks Macdonald International is creating a new business development team in Jersey, following its acquisition of Channel Islandsbased fund manager Spearpoint in November last year.
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aes picks up two awards from branson
AES International has picked up two awards following its success in moving up the league rankings of the Sunday Times Virgin Fast Track 100 list of fastest growing companies in 2012.
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model taxpayer charter for fair tax system
Three professional bodies representing more than half a million tax advisers worldwide have produced a Model Taxpayer Charter of taxpayer rights and responsibilities intended as a blueprint for what a good tax system should contain.