sturgeon plans central asian equities fund
Hedge fund manager Sturgeon Capital plans to launch a Ucits-compliant Central Asia Equities Fund, offering investors exposure to such markets as Kazakhstan, Turkmenistan and Georgia.
Regions
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axa announces ipac closures in hk singapore
Axa has announced that it plans to close its Ipac financial planning businesses in Hong Kong and Singapore in the first half of 2012, as it seeks to shift its focus in Asia back to insurance.
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four fifths of family offices advise on security
A survey of mostly American single-family offices has found that more than 80% are now offering their clients professional help in seeing that they and their families are safe.
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looking for el dorado
Financial services providers are taking a closer look at Brazil and at the rest of South America. Helen Burggraf reports.
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french mini fatca fears
Tax experts who have been studying Frances new tax regime for wealthy individuals are likening its treatment of trusts to elements of Americas much-criticised FATCA regulations.
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maltese regulator fines bov
In the latest action by a regulator responding to complaints over the way certain investment products were sold ahead of the 2008 financial crisis, the Malta Financial Services Authority has fined one of Maltas largest banks.
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shariah specialist eiib takes rasmala stake
Shariah investment banking specialist EIIB today formally announced its investment in Rasmala Holdings, a financial services company operating in the Gulf Cooperation Council countries and Egypt.
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frustration among hk insurance brokers
Insurance brokers in Hong Kong are expressing frustration over an industry agreement that they inform clients whenever they are due a commission from the sale of insurance products, even though their main rivals in the marketplace insurance agents, which typically represent the major insurance giants do not have to.
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property giant savills acquires investmt business
Global real estate services provider Savills has acquired specialist central London investment and asset management business Gresham Down Capital Partners.
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esca tipped to be wholesale regulator for uae
The Emirates Securities & Commodities Authority (ESCA) is likely to become the wholesale regulator in the UAE, regulating life companies to IFAs, according to HSBCs Daniel Rudd.
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axa sells hong kong based Ipac advisory firm
Axa Group is looking to sell those parts of its Hong Kong-based Ipac advisory company that it did not dispose of last year, as it seeks to bring to an end a nine-year affiliation with the self-described holistic lifestyle financial planner, market sources say.
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spectrum ifa targets chiantishire market
The Spectrum IFA Group has opened an office in Rome to cater for the 28,000 British nationals that the Foreign & Commonwealth Office estimates live in Italy.