deVere moves into Italian market
The deVere Group has expanded into the Italian market with the opening of an office in Milan.
Industry
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HSBC Private Bank continues to build UK-based MENA team
HSBC has made a further hire to its London-based Middle East and North Africa private banking team.
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PineBridge launches retail version of M&A fund
PineBridge Investments has launched a retail version of its Merger Arbitrage Fund.
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Law firm Ogier unveils Jersey investment service
The Jersey office of Ogier has hired Nick Wakefield to head up a new investment services operation.
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Qatar authority hires former Merrill Lynch director as COO
Qatar regulator names Ian Chivers, a former Merrill Lynch director, its new chief operating officer.
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Commodity and GEM fund sales break records in November
Net retail sales of commodity funds stood at £208m in November, the highest such figure on record.
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Syndicate Asset Management sells Guernsey division
Syndicate has sold its Guernsey-based investment business to Hume Capital for £1.8m.
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NZ lawyer says regulators will intervene over QROPS
A tax lawyer has described regulatory intervention as “inevitable” in the New Zealand QROPS market.
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Policy Life promotes traded-life fund in Asia
Policy Selection has begun promoting its managed Assured Fund to Hong Kong and Chinese HNWIs.
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Swiss & Global launches Chindonesia Fund
Swiss & Global has launched a Luxembourg-domiciled equity fund targeting growth in Chindonesia.
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Report on Malta cites improvements, suggests further changes
Malta has made “strong progress” in adopting international standards, a new independent report says.
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Barclays Wealth ramps up Asia presence
Barclays Wealth has made six director-level hires to its Asia Pacific private banking business.