PEOPLE MOVES: Eastspring Investments, IQ-EQ, Deutsche Bank
Investment firm names head of international distribution, while investor group appoints MD for Belgium
Latest news
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Blacktower granted Cayman broker dealer licence
It was already authorised to carry out full securities and investment business in the country
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Schroders launches food and water fund in Singapore
It will be exclusively offered to HSBC’s retail banking clients in the country
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Aviva tops pension complaints list
But just 24% of cases were upheld in H1 2022, Ombudsman data shows
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Over 90% of pension transfer requests flagged as scams – again
As transfer values fall below £200,000 for the first time since 2016 making the return of annuities more appealing
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IFA consolidator scores trio of M&A deals
Just weeks after entering the Scottish market with a double acquisition
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Evelyn Partners buys investment management business
Deal brings in £90m in assets under advice
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UK government names pensions minister
A day after Guy Opperman confirmed he was leaving the post
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Morgan Stanley fined $35m for client data failures in US
Personal information of 15 million wealth customers was allegedly not disposed of properly
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PE firm eyes sale of Italian life company
After regulator reportedly asked the insurer to increase its capital reserves by €250m
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International tech provider acquires ESG ratings firm
Deal will see the companies work together to create advice tools
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Regulation to force ‘wave of M&A activity’ in Middle East wealth market
While advisers in the region turn to DFMs to streamline investment offering