Suspended Fidelity managers named
Fidelity International has suspended two portfolio managers in its Hong Kong office for a potential breach of a code of ethics
Industry
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Quilter bolsters Jersey team
Investment management firm Quilter has appointed Chris Scott and Jason Stolte as regional sales manager and investment manager respectively to be based in its Jersey office
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Canada Life Int’l retains top financial strength measure
Canada Life International (CLI) and CLI Institutional, the ultra high net worth operation of the same company, have both retained five-star financial strength rating from AKG, the actuarial consultanc
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IoM firm’s clients to face £200m tax bill
A High Court ruling has opened the floodgates for HM Revenue & Customs to seek £200m in unpaid income tax from 3,000 members of a tax avoidance scheme run by Isle of Man based firm Montpelier
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M&G appoints bank relationship manager
M&G has appointed Micaela Forelli as retail director of global banks relationship management
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Global fund assets mark fourth consecutive quarter of growth
Global investment fund assets increased 6.2% during the third quarter of 2009 to reach 15.3trn by the end of September, marking the fourth consecutive quarter of positive net flows according to the E
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Zurich launches Bahrain general insurance venture
Zurich Insurance Company (Zic) has launched a general insurance business in Bahrain.
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Efama, KPMG seeking clarification on how passported Ucits funds to be taxed
As the 2011 implementation date for the Ucits IV directive approaches, European funds industry officials are seeking clarity on how profits generated by funds set up under the directive are to be taxe
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Ioma announces new trading names for business divisions
Ioma group has rebranded and launched individual trading identities for its pension and wealth management business divisions
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Thames River unveils plans for property securities fund
Thames River Capital is to launch a Dublin-domiciled Real Estate Securities Fund
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Fidelity suspends two Hong Kong managers
Fidelity International has suspended two of its senior fund managers based in Hong Kong for a potential breach of its code of ethics
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If its February, this must be Moscow: Jersey Finance roadshow continues
Jersey Finance, the marketing arm of Jersey’s financial services industry, was barely back from its latest trip to China over the weekend when it unveiled its plans for the rest of 2010 — which inclu