Malta tweaks regs to better accommodate umbrella funds
Malta has made changes to its regulations to make setting upumbrella fund structures easier.
Industry
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European investors pull out of bond funds
Data from Efama and Lipper shows bond funds saw considerable outflows in Europe in November.
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Axa grows UK offshore team with second Prudential man
Axa has hired another Prudential man as it bids to grow its share of the UK offshore bond market
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Proposed bridge between Qatar and Bahrain gets nod
A proposed 40-km-long causeway linking Qatar and Bahrain is said to have been given the go-ahead.
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Hong Kong still worlds freest economy
For the 17th year in a row, Hong Kong is still the worlds freest economy, a report reveals.
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Julius Baer in German expansion
Julius Baer has expanded its German private banking presence, with new staff and offices
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Guernsey Finance names KPMGs Le Poidevin deputy CEO
Guernsey Finance has named a senior tax manager from KPMG to the newly-created post of deputy CEO.
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Kotak launches India infrastructure fund
Indian financial services firm Kotak Mahindra is launching the Kotak Infrastructure Fund.
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Jubilee launches Malta-listed multi-asset fund
Jubilee Financial Products is to launch its first ever multi-asset investment fund.
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Henderson reveals details of Gartmore deal
The details of Henderson’s acquisition of Gartmore have been revealed.
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IFAs can set free their inner fund manager for 1m
A UK-based fund administrator has put together a Cayman fund platform for would-be fund managers.
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The ESMA holds inaugural meeting
The European Securities and Markets Authority held is first meeting this week.