Standard Life confirms Elevate staying a standalone platform
Standard Life has confirmed that Elevate will continue as a distinct platform after months of speculation that it could be combined with the investment firm’s Wrap proposition.
Axa
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Axa to merge its life and general insurance units in Singapore
Insurance giant Axa is set to merge its life and general insurance businesses in Singapore.
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Simon Willoughby on turning Axa Isle of Man into Utmost WS
After the acquisition of Axa Isle of Man paved the way for a headline-grabbing rebrand as Utmost Wealth Solutions, head of proposition Simon Willoughby talks exclusively to International Adviser about how the 25-year-old international life company was forced to go back to the drawing board and focus on what it does best.
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New brand revealed as Axa Isle of Man sale completes
Axa Wealth International on the Isle of Man has been rebranded following its acquisition by Life Company Consolidation Group (LCCG) in April 2016.
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Axa Wealth Int’l on acquisition trail as rebrand beckons
The Isle of Man’s soon to be re-branded Axa Wealth International is already looking to make acquisitions and grow.
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PEOPLE MOVES: Old Mutual, Investec W&I, Axa IM, Neptune
Old Mutual poaches ex-head of Aviva Life UK as its new customer champion czar, while Investec W&I promotes long-running executive for charities Louise Hall. Axa IM announces a casualty of its plan to merge its alternative solutions and structured finance teams as Neptune unveils a whole raft of changes to its US team.
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Bank of Japan’s new weapon in inflation fight gets mixed reception
With news overnight that the Bank of Japan has unveiled a new form of stimulus, professional investors and economists reacted with mixed enthusiasm.
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PEOPLE MOVES: Axa, Legal & General, Aegon
Axa Asia has named a chief executive of Life & Savings and Distribution, while Legal & General have added to its investment and pension risk transfer businesses with two appointments. Aegon Asset Management has bolstered its American real estate advice business with three people moves.
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Axa IM poaches Goldman’s absolute return team
Axa Investment Managers has hired Jérôme Brochard and Hector Chan from Goldman Sachs as part of Pierre-Emmanuel Juillard’s new liquid absolute return team, named Axa IM Chorus.
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November cut on the cards after BoE holds rates
Economists expect another rate cut will materialise in November after the Bank of England’s Monetary Policy Committee (MPC) unanimously voted to hold rates at 0.25% on Thursday.
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PEOPLE MOVES: Aviva Investors, Manulife, Aegon
Aviva Investors has added four senior people to its client solutions team, while Manulife has named its new chief operating officer. Aegon’s chief financial officer is to depart, with Axa Investment Managers boosting its management team.
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PEOPLE MOVES: Axa IM, Old Mutual, Standard Life
Axa Investment Managers has named a global head of product, retail and institutional development, while Old Mutual Global Investors has created a country head position in Italy. Following a battle with cancer, Standard Life’s head of adviser engagement has died.