Guernsey banking deposits fall 10
The value of banking deposits in Guernsey are more than 10% less than they were at the end of the first quarter of last year, according to figures released today.
News
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tobam launches antibenchmark apac ex japan fund
TOBAM has added an Asia Pacific ex Japan equity fund to its anti-benchmark fund range.
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aviva investors launches short duration global
Aviva Investors has launched the Global Short Duration High Yield Bond Strategy for institutional investors.
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swiss re corporate solutions creates head of
Swiss Re Corporate Solutions has appointed Ted Hodgkinson as head of Asia Pacific, based in Singapore.
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jersey funds sector healthy growth in q1
Jerseys funds sector grew its net asset value by a healthy 3.5% (£6.8bn) to £196.3bn during the first quarter of 2012 with a total of 1,412 funds registered, the highest figure since 2009.
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walkington leaves pru to join lg
Liz Walkington, a longtime member of Prudential Internationals marketing team, has been named high net worth proposition manager at Legal & General (Ireland), effective immediately.
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lehman minibond investors to receive further
Investors in one of the failed Lehman-Brothers minibond series of structured investments are set to receive a further, final payment in relation to their loss.
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guardian wm hires marlene shalton for uk expansion
Guardian Wealth Management is set to open a financial planning practice in the UK and has hired industry heavyweight Marlene Shalton as its managing director.
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russell launches best of breed em fund
Russell Investments has launched an emerging markets fund designed to give greater access to small cap and frontier markets, comprised of seven third-party mandates.
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bank of valletta fined over la valette fund
The Bank of Valletta, Maltas largest bank as measured by deposits, has been fined more than 200,000 by the Malta Financial Services Authority, in the latest chapter in a long-running saga involving a money-losing property fund.
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fpi appoints general manager for middle east
Friends Life has appointed a general manager for its Asia and Middle East operations, completing a management restructure the company began earlier this year.
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lloyds tsb intl scraps fees on money transfers
Lloyds TSB International has announced that it will no longer charge its expatriate clients a fee to transfer money internationally, effective immediately.