ubs wm hires three in mexico
UBS has bolstered its wealth management division in Mexico, with the appointments of Jaime Lopez Hidalgo Preciado, Gabriel Gomez Zaragoza and Enrique Ignacio Morales Abiega.
Industry
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citi and bosera unveil china balanced
Citigroup First Investment Management and Bosera International have teamed up to launch China Balanced, a Cayman Islands-domiciled unit trust investing in China-related equities and bonds.
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gkam taps into nordic safe haven appeal
Specialist fixed income boutique Glendevon King Asset Management has launched a Norwegian krone class in its new Global Bond Fund II, offering investors access to the safe haven growth story of the currency.
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Zurich Intl in Bahrain tie up with ICICI
Zurich International Life has signed a deal with ICICI Bank, making it the banks exclusive provider for conventional life insurance products in Bahrain.
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cayman islands retains lord blencathra
The Cayman Islands government has retained a member of the House of Lords, Lord Blencathra, to head up its London office, in what is seen as an effort on the part of the former British colony to significantly boost its voice in Parliament and Brussels.
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ian gorst elected chief minister
Jersey Sen Ian Gorst was elected chief minister of Jersey by a three-vote margin yesterday.
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syz launches high yield fund for asia europe
Swiss banking group Syz & Co has expanded its Luxembourg-domiciled Sicav range with the launch of the Oyster Global High Yield fixed income fund
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pimco unveils best ideas absolute return fund
Pimco has launched a credit-based absolute return fund, managed by Mark Kiesel.
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worlds rich wrestle with fortune bequests
The management of personal wealth has come a long way since 1852, when Charles Dickens used a bitter and drawn out family battle over an inheritance as the basis for the plot of his then-latest novel, Bleak House.
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manulife strengthens ties with bank of china
Manulife Financial, the Canada-based insurance giant, has signed a new framework agreement with Bank of China, which it says will run for a minimum of two years.
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canada life intl sales up by one third
New business sales at Canada Life International topped £1bn in the first nine months of 2011, representing a 32% increase on the equivalent period last year.
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american century introduces us all cap growth fund
American Century Investments has launched an all-cap growth fund as part of its Luxembourg-registered Ucits III range.