waverton gets rid of equity performance fee
Waverton has removed the perfomance fee across its equity fund range.
News
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aviva investors opens first benelux office
Aviva Investors has opened an office in Utrecht, in Holland, and appointed Catrinus van Willigen as managing director for Belgium, Netherlands and Luxembourg.
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fidelity criticised for breaching takeover code
Fidelity Worldwide Investment has been publicly criticised by the Hong Kong regulator for failing to disclose a large position it held in Little Sheep, a company which was subject to a takeover.
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gam unveils catastrophe fund
Fermat Capital is to run a securitised catastrophe bond fund on behalf of GAM as a diversifier away from equity and bond propositions.
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rl360 sales up 32 percent
Royal London 360° wrote £308m of new business between 1 Jan and 30 Sept this year an increase of 32% on the first nine months of 2010.
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Franklin Templeton prepares for Vietnam funds
Franklin Templeton Investments, the US-based fund management giant favoured by many investors for its Asia-focused funds range, is looking forward to launching, through a joint venture, some of the first mutual funds ever to be sold in Vietnam.
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fidelity adds emerging markets fund to fast range
Fidelity Worldwide Investment has added an Emerging Markets Fund to its FAST range of funds, with Nick Price at the Helm.
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east asia more expensive than perceived step
External perceptions of East Asia as a low-cost financial centre are inaccurate, while a lack of fiduciary and legal talent is restricting industry growth in the region, according to a Society of Trust and Estate Practitioners survey.
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old mutual intl launches protected global fund
Old Mutual International has launched a protected fund offering full capital protection and exposure to a range of equity markets from around the world.
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boaml unveils dim sum index
Bank of America Merrill Lynch has launched a Dim Sum Index in a move that pays homage to the rapid development of the Chinese renminbi-denominated offshore bond market in Hong Kong.
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cowley resigns from kleinwort benson
Rex Cowley, who served as the director of products and marketing at Close International prior to its acquisition by Kleinwort Benson in June, has left the company.
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thoughts to consider when returning to UK
Graeme Stenson, private client tax specialist at Kleinwort Benson in London, looks at some of the key tax issues British expatriates face when they return home for good.