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.
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budget 2012 takeaways for international advisers
George Osbornes 2012 Budget was promoted as benefitting Britains less well off, but as the dust settled on the 114-page document this afternoon, it seemed few are likely to benefit quite so much as those tax experts who specialise in translating what it all means to the wealthy, international individuals who are their clients.
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gam launches first in house gem fund
The GAM Star Emerging Equity Fund is the company’s first long-only global emerging market equity fund to be run in-house.
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final qrops legislation published by hmrc
The final legislation for Qualifying Recognised Overseas Pension Schemes has been published by HM Revenue & Customs on Budget day in the UK.
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tesco launches thai property fund in bangkok
A Thai property fund quietly launched this week by Tesco, the UK’s largest retailer, has become the biggest IPO in Thailand since 2006 and the second largest in Asia so far this year.
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skandia intls singapore head macdonald resigns
The principal of Skandias Singapore office and head of the South East Asia region, David MacDonald, has decided to leave the company.
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lombard odier targets new zealand and australia
Swiss private banking group, Lombard Odier is to enter the Australian and New Zealand markets through the established network of JBWere.
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jersey signs dta with qatar during middle east
Jersey has signed a double taxation agreement with Qatar as part of a five day visit to the Middle East region by representatives from Jerseys finance industry and government.
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spdr launches flagship etf in europe
SPDR, the ETF arm of State Street Global Advisers (SSgA), has launched a European-listed version of its flagship S&P 500 ETF in the US.
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skandia intl to launch second co branded qnups
Skandia International has teamed with fellow Old Mutual group company, Fairbairn, to offer a co-branded Guernsey-based QNUPS.
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rbc wm to acquire coutts lat am african
RBC Wealth Management is to acquire the Latin American, Caribbean and African business of Coutts, the wealth management division of Royal Bank of Scotland Group.
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wealthy asians hungry for financial advice
Nine in ten affluent Asians expect their financial services provider to offer education on investments and wealth management, according to a major study conducted by Standard Chartered Bank and Scorpio Partnership, a global strategy research company.