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.
Old Mutual International has launched a protected fund offering full capital protection and exposure to a range of equity markets from around the world.
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.
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.
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.
Ashmore has expanded its Sicav equity range by launching Emerging Markets Global Equity and Emerging Markets Global Small-Cap Equity portfolios.
A person who purported to be the founder and chief executive of a licensed corporate advisory company in Hong Kong has been convicted by a local court and fined.
Skandia International said gross sales of its single premium portfolio bonds helped it to continue to grow total sales, despite continued volatility in global markets.
Skandia Investment Group has launched a managed futures fund for investors looking to complement their equity and fixed income exposure.
Legal & General plans to begin marketing funds from its UK-based investment business in Asia, L&G chief executive Tim Breedon has revealed, and is considering Hong Kong for its base.
UBS has appointed Anthony Zammar to head one of its two desks covering Saudi Arabia.
Franklin Templeton Investments has appointed a new director of its Africa retail and institutional operations.
