Abbey Int’l unveils 3% fixed term account
Abbey International is offering investors a new account paying 3% AER over 12 months. The account, available only to new money, has a minimum balance of £50,000 and at the end of a year savers can
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Legislation will help Jerseys funds industry, lawyers say
Planned changes to Jersey’s funds legislation will help the island’s funds industry by giving fund promoters more choice in how they structure their investment vehicles, according to legal experts.
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Bermuda signs nine tax agreements
Bermuda has signed eight new tax information exchange agreements (TIEAs) with seven Nordic countries and a ninth with New Zealand.
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BarCap survey: In downturn, India, China seen remaining most attractive wealth markets
Growth in Asia’s wealth management industry is expected to soften significantly over the next two years, according to a Barclay’s Capital survey of Asian wealth managers, in which one fifth of practit
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Vote set for £180m Kaupthing scheme
Depositors caught up in last October’s collapse of the Isle of Man’s branch of Kaupthing Singer & Friedlander will be given a chance to vote next month on a ‘scheme of arrangement’ (SOA) proposed by t
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New Star’s Duffield rides again
John Duffield, founder of New Star and Jupiter Asset Management, is reported to be hiring office space from Henderson for a new family office business, Hyde Park Asset Management.
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TriAlpha launches corporate bond fund
TriAlpha Investment Advisors is launching a absolute return credit fund with a strong capital preservation emphasis.
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Economic report from BlackRock’s Bob Doll
The latest report from Bob Doll, vice-chairman and CIO for global equities at BlackRock* The recent rally in stocks has been strongly associated with a sense that the global recession
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Ashmore unveils distressed financials fund
Ashmore Investment Management has launched a Guernsey-domiciled fund investing in illiquid financial assets in emerging markets.
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Investec alters bond fund remit
Investec Asset Management has changed the investment focus and name of its Luxembourg-domiciled GSF High Income Bond (USD) Fund to the Investec GSF Investment Grade Corporate Bond Fund, in response to
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Monaco snatches London’s property crown
Monaco has beaten London as the world’s most expensive place to buy a home, as the UK recession cut into house prices in the British capital, a report has revealed.
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Global CFP charter mark uptake grows
The number of financial advisers globally who gained the Certified Financial Planner (CFP) qualification grew by more than 8% during 2008.