lg intl bucks trend with 27 increase in sales
Sales of offshore bonds at Legal & General International (Ireland) LGII reached record levels again last year, despite the ABI reporting a 7% drop in overall sales of offshore bonds in 2011.
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dbs private bank expands asia hnwi operation
The private banking arm of Singapore-based DBS Bank is creating a new international private banking team to tap what it said is a rising demand from international high net worth individuals keen to invest in Asias growth.
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man group launches commodities fund
Man Group has launched a Commodities Fund for both retail and institutional investors, offering exposure to the asset class within a Ucits format.
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pechlaner takes over from schiessl at ashburton
Veronika Pechlaner has been promoted to become lead manager of Ashburtons International Equity Funds.
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pioneer brings strategy distribution to London
Pioneer Investments has named David Hanratty as head of both its UK and Ireland distribution division and its global strategic partners group, relocating him to London in the process.
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aes to open in zurich after joining trade body
UK-headquartered advisory firm AES International has been granted membership of a non-profit financial association in Switzerland, paving the way for it to open in the country later this month.
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record net inflows at standard life intl
Standard Life International enjoyed record net inflows last year, despite continuing global economic and market uncertainty.
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entrepreneurs get integrated soc gen service
Societe Generale is launching a new integrated service offering private banking aimed at wealthy entrepreneurs who have a holding company or family office.
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pru profits soar to 2bn as thiam leaves
Prudential generated total IFRS profit before tax of £2bn last year, boosted by its Asia business which became the companys most profitable division for the first time.
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former pm takes irish fund mission to us
Former Taoiseach John Bruton will this week lead a delegation of senior figures from Irelands fund industry to the US.
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cyprus downgraded to junk by moodys
Moodys, the international ratings agency, has today downgraded Cyprus to junk status, adding to the woes of the eurozone-member island nation.
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infinity in shanghai jv with essential finance
Infinity Financial Solutions, a Malaysia-based advisory firm which specialises in looking after expatriates living in Asia, has agreed a joint venture deal with Shanghais Essential Finance to look after clients in China.