It will not come as a huge surprise to many expatriates or their advisers living in Spain, but Spanish property is still overvalued, and may need to fall another 10% before recovery may truly be said to have begun, Goldman Sachs experts have warned.
Kleinwort Benson has appointed Lucy Gazmararian, a former executive director at Goldman Sachs Asset Management, as head of investment advisory.
Goldman Sachs economists have maintained their 2011 GDP forecast for Japan despite the quake crisis.
Pictet Funds has named Simone Gallo to its North American and cross-border distribution team.
Integral Asset Management (IAM), has launched advisory and personal CIO services.
