What if a freedoms pensioner had bought a Lambo?
Grey-haired hell-raisers tearing round Britain in Lamborghinis is the abiding image of UK pensions freedoms reforms but what if a pensioner had invested in an Italian sports car in 2015?
First Names Group
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Luxury asset structuring a major opportunity in Asia
Swathes of Asia’s greatest family fortunes held in alternative assets like fine art or watches are being overlooked by financial planners, according to an experienced trustee.
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PEOPLE MOVES: Value Partners, Standard Life Inv., Nordea AM
Value Partners has poached the chief executive of Prudential’s Asian investment arm, Eastspring Investments. Standard Life Investment has named a head of investments, with Nordea Asset Management replacing its outgoing chief executive.
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Offshore firms hit worst by increased compliance demands
Compliance requirements are a greater burden offshore, driving up client charges and forcing some firms to turn away business, research from Step has found.
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PEOPLE MOVES: Andy Robinson, MetLife, Lombard Odier
Today’s people moves column boasts an embarrassment of riches as the industry seems to be getting its house in order before the Christmas break. Former Zurich man Andy Robinson has resurfaced, while MetLife has named a chief executive in Hong Kong. Lombard Odier’s new chief operating officer has left the world of haute couture to…
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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.
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PEOPLE MOVES: OMGI, BNP Paribas, First Names Group
Old Mutual Global Investors has replaced its China-focused fund manager who stepped down last month, while BNP Paribas Investment Partners has named a new advice head for Australia and New Zealand. First Names Group has filled its vacant chief executive role.
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First Names Group acquires Nautilus
First Names Group has received regulatory approval to acquire trust and corporate services provider Nautilus Trust Company in Jersey, Hong Kong and London.
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PEOPLE MOVES: Amundi, First Names Group, L&G…
As Amundi and First Names Group welcome senior figures, Legal & General is preparing for a departure. Meanwhile, accountancy firm PKF Littlejohn and law firm Fieldfisher have boosted their investment and regulatory offerings with new hires.
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PEOPLE MOVES: Sanlam, Aviva, First Names Group…
Several senior appointments and a departure were announced this week at Sanlam, while Aviva Investors lined up new leadership for liquid markets. First Names made two Isle of Man appointments, with two new appointments to AIC’s board also announced.
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First Names Group appoints UK managing director
First Names Group has appointed a UK managing director and global head of outsourced business services to oversee its UK services and help to build a global service delivery platform.
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First Names appoints three group MDs
First Names Group has appointed three new group managing directors in support of its recent growth.