First State Investments launches offshore Australian Growth Fund
Asset management company launches Ireland-domiciled offshore growth fund.
News
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HMRC gives nod to IoMs 50c QROPS legislation
HM Revenue & Customs has signed off on the Isle of Mans 50c QROPS legislation.
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Jersey funds under administration jump £10bn in Q1
Net asset value of Jersey’s funds under administration increased from £184.7bn to £194.6bn during Q1
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SFC fines Sun Hung Kai Investment Services HK$4.5m
SHKIS reprimanded for failings related to sale of HK$10.5m of Lehman Brothers equity-linked notes.
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Lombard Odier appoints deputy fixed income CIO
Ian Clarke has joined Lombard Odier as deputy CIO for its fixed income and currencies business.
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InterGlobal creates inhouse assistance division
Private medical insurer opens assistance division.
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horizon investments names new associate director
Horizon Investments has appointed Matt Le Cornu as an associate director.
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UPDATE: Post partners with Principal to launch high yield fund
Principal Global Investors unveils details of new Ucits-compliant limited term high-yield fund.
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Kleinwort completes purchase of Close Offshore
Kleinwort Benson has completed its acquisition of Close Offshore Group.
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BlackRock to wind down Absolute Return Strategies
BlackRock is to wind-down its closed-ended Absolute Return Strategies fund of hedge funds.
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IT firms poised to launch fund registration platform
CETREL Securities and KNEIP to launch new platform for fund registration management.
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Tax avoidance schemes face blacklisting by HMRC
HMRC considers publishing a blacklist of high-risk tax avoidance schemes.