sfc waives fees for hk advisers
Hong Kongs Securities and Futures Commission will waive its annual licensing fees for a two-year period from 1 April, 2012, it announced today.
News
-
-
multi manager funds do not show well defaqto
Advisers looking to outsource their investment decision making to a multi-manager fund in the lead up to Retail Distribution Review implementation should choose carefully, as very few of these funds have managed to perform consistently since 2008, according to independent research company Defaqto.
-
jersey finances bestwick named deputy ceo
Jersey Finance has given its technical director, Heather Bestwick, the additional title and duties of deputy chief executive, a new role at the organisation.
-
apcims drops global equities index
APCIMS is to drop the FTSE representative index it uses for global equities as part of an overhaul which could see further changes in the way it tracks bonds and alternatives.
-
coutts appoints chief risk officer for asia
Coutts has appointed Errol DSouza as the new chief risk officer for its Asia division.
-
fairbairn pb expands jersey team
Fairbairn Private Bank has expanded its Jersey team with the appointment of Richie Griffiths in the role of private banker focusing on business development.
-
a budget to close tax loopholes
The UKs Budget delivered yesterday by Chancellor George Osborne has seen the government clamp down on tax avoidance by Britains wealthy individuals.
-
centurion targets asia with longevity note
Cayman-domiciled Centurion Fund Managers is targeting Asian investors with the launch of a five-year structured note, tied to mortality rates in western countries.
-
rebrand completes morningstars takeover of obsr
Morningstar and OBSR have affirmed their partnership with the rebrand of the latter’s research and consulting businesses to Morningstar OBSR.
-
no surprises in final qrops rules but new clause
The new QROPS legislation was finally published by HM Revenue & Customs yesterday, after months of speculation since an initial draft was released in December last year.
-
london boutique opens real return fund
Absolute return specialist RMG Wealth Management has unveiled a Real Return Fund, which aims to generate positive returns regardless of market conditions.
-
Three fund managers go in Aviva Investors shake-up
John Botham is the highest profile of three European equity fund managers to leave Aviva Investors following a recent review of its business.