thames river multicapital closes offshore fund
In the best interests of the fund and its shareholders, Thames River is to close the Dublin-based Multi-Select Fund run by multi-manager duo Gary Potter and Rob Burdett.
News
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swiss life calls time on foray into retail space
Swiss Life has announced it is to completely withdraw from the international retail market in order to refocus on the corporate and high net worth segments of its business.
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fairbairn trust names trebert
Fairbairn Trust Co, the Guernsey-based trust provider which markets the Overseas Pension QROPS, has named Geoff Trebert to the newly-created post of business development manager.
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uncertainty over qrops legislation
Draft legislation published by HM Revenue & Customs, aimed at eradicating bad practice in the QROPS industry, but which also appears to introduce potentially damaging tax measures, has received a mixed reaction from the QROPS industry so far.
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medicare intl unveils scheme
MediCare International is introducing a new voluntary excess charging structure to its international private medical insurance policies that it says may give policyholders a discount of as much as 50% on their premiums, in return for agreeing to pay a portion of the costs incurred in the event of a claim.
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vistra makes second acquisition in china
Vistra, a Geneva-based fiduciary and corporate services provider, has made its second acquisition in China, with the purchase of Cynosure.
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sec mas target china based insider traders
Americas Securities and Exchange Commission and the Monetary Authority of Singapore have taken punitive action against several China-based insider traders.
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bsi gets hk banking licence
BSI, the Lugano, Switzerland-based bank owned by Generali, has been granted a banking licence in Hong Kong by the Hong Kong Monetary Authority.
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threadneedle unveils lux domiciled uk fund
Threadneedle Investments has launched a UK Equities Fund in its Luxembourg-domiciled Sicav range.
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hmrc publishes significant shakeup of qrops
HM Revenue & Customs has published a series of proposed legislative changes to the Qualifying Recognised Overseas Pension Scheme regulations.
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platform one sees offshore take up
Platform One, the recently-launched wrap platform aimed at advisers with high net worth clients and multiple family offices, says it is finding an unexpectedly high interest, and take-up, from offshore firms, and among UK advisers with offshore clients.
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expats naturally resilient deveres green
A raft of advantages generally open to expats and the kind of jobs they do, means they are financially resilient despite the bleaker global economic outlook, it is claimed.