Vam appoints sales rep for UK and Europe
Vam Funds has appointed Pavan Varma to its sales team.
Industry
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SFC looking at business trusts, IPO sponsor liability: Reuters
Hong Kong’s SFC is looking into the types of business trusts it will allow, Reuters is reporting.
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DBS launches Asian multi-asset fund
DBS Asset Management has launched a multi-asset Asia-focused fund, for Singaporean investors.
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Fairbairn cuts QROPS costs, yet questions quality at ‘cheapest’ end of the market
Fairbairn Trust has launched a simple, low-cost QROPS designed for offshore bond business.
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CII loses advisers’ exam papers
The Chartered Insurance Institute has admitted losing a set of exam papers.
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RBS Intl names Bill Shimmins to head IoM operation
The RBS International Group has named Bill Shimmins its new island director for the Isle of Man.
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Lombard’s non-European sales rocket more than 280%
Lombard posted headline new sales growth of 281% for non-European business in the first quarter.
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Dubai advisers recommend greater Asia exposure
Nearly 70% of professional investors based in Dubai are recommending clients allocate more to Asia.
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Tony Travers calls on Cayman to change immigration policies and resist G20 tax pressures
The Cayman Stock Exchange’s Tony Travers has unveiled a 4-point plan to ensure the Caymans’ future.
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STM Group unveils nil cost QROPS, in association with Pru Int’l
STM Fidecs has unveiled a ‘nil-cost’ QROPS, in association with Pru International.
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Money market outflows drive Ucits assets down
Net inflows into Ucits funds plunged to €18bn (£15.9bn) in the second quarter of 2011.