Chene to head Ignis distribution
Claude Chene, global of global distribution, is the latest senior appointment at Ignis.
Industry
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Citibank agrees HK$1bn Lehman repurchase
Citibank Hong Kong has agreed to repurchase HK$1.06bn of Lehman Brothers backed equity-linked notes.
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Management shake-up at BLME
BLME has made a series of appointments to its senior management team.
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Over 50% of IFAs fear QROPS could be mis-selling scandal
More than half of international financial advisers fear QROPS could become a mis-selling scandal.
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Skandia launches limited liability loan trust
Royal Skandia has launched a liability loan trust.
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Morgan Stanley unveils new global property proposition
Morgan Stanley teams up with Cohen & Steers Capital Management to launch a new property fund.
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Man Group reports record sales but significant outflows
Man Group’s quarterly results show record sales of $9bn though this was offset by outflows of $5.3bn
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AES, Pershing and Præmium going live this month with new platforms
Three platforms are going live this month, as more advisers and their international clients use them
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DFSA warns over fraudulent activity
The DFSA is warning the financial services industry and the public over fraudulent activity.
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HSBC adds Russian ETF to London-listed offering
HSBC has launched its latest emerging market ETF, tracking the MSCI Russia Capped index.
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Equity Trust/TMF Group merger completed
The group-level merger between TMF Group and Equity Trust has now been completed.
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Matthews Intl launches India fund into European market
Matthews Int’l has made its Matthews India Fund available to European investors.