A group of 13 expat pensioners is charging the British government with discrimination over its policy of “freezing” the state pensions of some retirees living abroad, so that they do not receive the
Samena Capital, an investment manager specialising in Asian and emerging markets outside Europe, has launched a Cayman-domiciled Japan Absolute Return Fund.
Natural Resource specialist Ascenta International Holdings is seeking to raise $50m over 12 months for its new Guernsey-registered Special Situations Resource Fund.
Abbey International, the Jersey-based arm of Santander’s Abbey National banking group, has launched two products — a new issue of an earlier base rate tracker account in a one-year, sterling version,
Jersey officials have been given a strong indication that that their new foundations law will go before the Privy Council in London on 10 June.
Kohlberg Kravis Roberts (KKR) is to open an office in Dubai, to be operated through a newly-formed subsidiary.
Old Mutual Asset Managers (UK) is to launch two new Dublin-domiciled offshore funds, one of which will be a global equity absolute return fund. The other, known as the Old Mutual UK Dynamic Equity
Jersey Finance has named a Shanghai native, Zhaoan Li, to head up its new Hong Kong office.
The UK Financial Services Authority said it is to look into the way structured products are sold in the UK, as it follows up on consumer complaints about such plans that had been backed by Lehman Brothers, the US investment bank that collapsed last year. In a statement, the City watchdog said it and the Financial…
New York-based Investment manager Neuberger Berman has formed a European arm with the successful acquisition of Lehman Brothers Asset Management from the entities in administration.
Zurich has launched a portfolio bond from its Dublin operation. The International Portfolio Bond (IPB) will initially be targeted at the UK high net worth market but Zurich said it could later be p
One of the biggest surprises for many Kaupthing, Singer & Friedlander Isle of Man depositors who lost access to their savings when the bank collapsed last October has been the lack of sympathy…
