Jersey in 2010: more unregulated funds, less in the banks
The number of unregulated funds operating in Jersey leapt by 16% in Q4 and doubled over the year.
Industry
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Guardian WM names Qatar SEO
Guardian WM has appointed David Russell as senior executive officer of its Qatar office.
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Jersey TIEA signing with India ‘delayed’
A TIEA due to be signed in Mumbai by India and officials from Jersey has been ‘delayed’
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Societe Generale shapes up for Asian growth
Societe Generale Private Banking has established a strategy committee to aid its expansion into Asia
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Sherborne continues to build F&C stake
Sherborne is continuing to build its stake in the company.
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IFAs warned to seek tax advice on EFRBS and EBTs
Advisers are being told to urgently seek tax advice for clients using EBTs and EFRBS arrangements.
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HMRC targets 1,000 annual criminal prosecutions
HMRc is aiming to increase the number of criminal prosecutions it undertakes each year to 1,000.
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M&G signs distribution deal in Italy
M&G Investments has signed a distribution agreement with Intesa San Paolo Private Banking in Italy.
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SLI continues Asia Pacific expansion
Standard Life Investments is continuing its expansion into the Asia Pacific market.
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Goldman says quake will not impact Japan’s GDP
Goldman Sachs economists have maintained their 2011 GDP forecast for Japan despite the quake crisis.
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Net sales of Ucits funds jump 31bn in January
The net sales of Ucits funds in Europe made a huge turnaround early this year.
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LM launches Australia-focused property Sicav
LM Investment Management has launched a Sicav offering exposure to Australias property market.