Julius Baer’s AUM grows on back of ING purchase
Julius Baers assets under management increased by over 14% in the year to the end of October.
News
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Ogier appoints managing partner to Hong Kong office
Ogier has promoted James Bergstrom to the position of managing partner of its Hong Kong business.
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International sales boost Friends Provident’s results
A resurgence in consumer confidence in key overseas markets boosted Friends Prov’s 3rd Q results.
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Industry warily welcomes AIFM Directive
The European Parliament has finally passed the controversial AIFM Directive.
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Risk-averse investors continue to favour bonds
Total net sales of long-term funds dipped slightly in September while bonds continue to form bedrock
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CISI rebrands first ever exam
The Chartered Institute for Securities & Investments is to rename one of its first qualifications.
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Dubai FSA proposes financial promotion restrictions
The DFSA has announced plans to introduce regulation which will widen restrictions on promotions.
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Isle of Man introduces tax breaks for private equity
The Isle of Man has introduced a private equity fund structure offering managers tax breaks.
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Asian sales boost Prudential third quarter results
Robust growth in its Asian division boosted sales and profit in the third quarter, the Pru said.
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Funds of funds see best year on record, says IMA
Year-to-date net retail sales of funds of funds have totalled £5.1bn, the highest figure on record.
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Barclays Private Clients Int’l appoints new chairman
Barclays Private Clients International has appointed Andrew Corlett as its new chairman.
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VAM Funds launches global government bond fund
VAM Funds is launching a global bond fund targeting government debt and government-guaranteed bonds.