manulife insurance sales up 13 percent in asia
Manulife saw insurance sales jump 13% in Asia last year, fuelled by an expansion in its distribution and greater brand awareness.
News
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moodys puts uk on negative
Moody’s, one of the big three ratings agencies, put the UK, France and Austria on negative outlook late last night, increasing concerns the countries will lose their prized AAA ratings.
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advisers upbeat on esca regs
The introduction of new fund regulations in the UAE will have a positive impact on the asset management industry, according to 44% of local advisers polled in a recent survey.
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Singapore life sales topped 2bn in 2011
The life insurance industry in Singapore grew by 22% in 2011, as measured by weighted new business premiums, according to a not-for-profit trade body.
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em bond and equity funds surge in popularity
Emerging market bond funds saw record inflows in the first week of February, as their equity counterparts witnessed continued appetite from investors, according to EPFR Global.
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pictet am launches short term high yield bond fund
Pictet Asset Management has launched a high yield bond fund which will invest in euro-denominated short dated bonds.
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glg soft closes 1bn japan fund
GLG has announced its intention to soft-close its Japan CoreAlpha and Japan CoreAlpha Equity funds on 30 March.
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80 of uae ifas support expatriate pension
Just over 80% of financial advisers based in the United Arab Emirates support plans to introduce a Gulf Cooperation Council-wide expatriate pension scheme, according to a recent survey.
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hk regulator bans two for misconduct
Hong Kongs Securities and Futures Commission has taken action against two men for misconduct in relation to the trading of shares in Metallurgical Corporation of China.
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generali paneurope to enter sweden
Generali PanEurope, the Ireland-based cross-border insurance provider, is to enter the Swedish market this year with a range of its best-selling regular-premium and single-premium investment products, redesigned specifically for Swedish clients.
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finance bill strengthens Ireland for ucits iv
The Irish fund industry received a boost from a set of provisions in the countrys Finance Bill last week, according to its fund association, which are accommodating to the Ucits IV directive.
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barclays wealth 2011 profits surge by 27
Barclays Wealth managed to increase profits by more than 25% during 2011 while client assets remained flat and return on equity rose marginally.