Wilfed Sit swaps Mirae for new role at Barings
Fund managers are taking advantage of undervalued earnings multiples in the UK consumer sectors.
News
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CPYI to repurchase HK$9.6m of Lehman minibonds
CPYI is to repurchase Lehman Brothers-backed structured products worth HK$9.6m from investors.
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Veritas hires new fund manager for Asia team
Veritas has hired former Schroders and Merrill Lynch manager Lucy Colback.
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HMRC launches new task forces to tackle tax dodgers
HM Revenue & Customs is creating a raft of new task forces to target tax evaders by industry.
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Merrill Lynch fined $3m by Hong Kong regulator
The SFC in Hong Kong has reprimanded and fined Merrill Lynch $3m for systems failings.
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Former deVere manager ordered to pay £2.9m damages over AES move
IFA firm de Vere has won almost £3m in damages from the former manager of its Brussels office.
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US large cap head Armitage to leave Schroders
Jonathan Armitage, head of US large cap equities at Schroders, is leaving after almost two decades.
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Schroder launches hedged euro corporate bond fund
Schroders has launched an inflation hedged euro corporate bond fund.
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Vam appoints sales rep for UK and Europe
Vam Funds has appointed Pavan Varma to its sales team.
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SFC looking at business trusts, IPO sponsor liability: Reuters
Hong Kong’s SFC is looking into the types of business trusts it will allow, Reuters is reporting.
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The beginning of the end for EBTs?
EBTs have provided a useful tax planning tool for years. Gerry Brown looks at their possible demise.
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DBS launches Asian multi-asset fund
DBS Asset Management has launched a multi-asset Asia-focused fund, for Singaporean investors.