Outflows from developed market equity funds hit 12-month high
Retail investor redemptions from developed market equity funds have hit the highest level in a year.
Regions
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Efama: European funds continued recovery in 10
AUM held by Europe’s funds industry continued to recover last year, EFAMA is reporting.
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L&G hires head of Asian equities
Legal & General Investment Management names new head of Asian equities.
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Man Group launches Japanese currency fund
Man Group has unveiled plans to launch a Japan currency fund.
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Julius Baer poised to launch China fund
Julius Baer has become the first private bank to get a QF11 licence from Chinese authorities.
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gcc investors cite recent turmoil for short
GCC investors say the recent instability in the Mideast is partly to blame for their short-termism.
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FATCA could cause investors to shun US market, KPMG expert warns
Some experts are warning that FATCA could cause investors to sell their US holdings before 2013.
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New International Adviser website launches today
Last Word Media launches new International Adviser website
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OIL expands into Europe with office in London
Offshore Incorporations Ltd, based in Hong Kong, is opening its first European office in London.
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Bahrain lost 10% in assets in March as result of civil unrest, reports say
Assets in Bahrains banks fell by 10% in March, figures show, as a result of recent civil unrest.
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450 jobs created in Jersey last year
More than 450 new jobs were created by new firms in Jersey last year.
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UK law firms add to their Asian outposts
Clifford Chance has become the latest UK law firm to announce the appointment of partners in Asia.