Elian sold to Dutch firm Intertrust
Jersey headquartered fiduciary services company Elian Group is to be sold for £435m ($627m, €553m) to Dutch trust and corporate services provider Intertrust.
Jersey headquartered fiduciary services company Elian Group is to be sold for £435m ($627m, €553m) to Dutch trust and corporate services provider Intertrust.
Bookmaker William Hill cut its odds for Britain to vote to remain in the EU to 1/5 yesterday, implying a probability of just 15% that Brexit will occur. Nevertheless, fund managers remain seriously worried it might well happen.
KBL European Private Bankers (KBL epb) has entered into a preliminary agreement with BNP Paribas Wealth Management to acquire Insinger de Beaufort, a Dutch private bank.
Thousands of Dutch citizens face having details of their Swiss bank accounts combed over by tax authorities despite a court ruling that they should not have been disclosed.
Although commodities are still being treated with a great deal of suspicion, by taking a long-term view investors could reap the rewards of the consolidation that is already underway in the sector.
Only the Danish and Dutch pension systems achieved “A” grades, indicating first class and robust schemes that deliver good, sustainable benefits with a high level of integrity, according to global consulting firm Mercer.
Australian fund house AMP Capital has launched a Luxembourg-domiciled UCITS platform with two new funds catering to UK and European institutional investors.