AxiomSL opens Dubai office in Middle East expansion

AxiomSL opens Dubai office in Middle East expansion...

AxiomSL, a firm specialising in regulatory reporting and risk management, has announced it will be opening its first Middle East office in the the Dubai International Financial Centre (DIFC).

Published : 2, Dec 2016
Tilney targets advisers with ‘smart beta’ range

Tilney targets advisers with ‘smart beta’ range...

UK wealth manager Tilney for Intermediaries is planning to launch a new range of ‘risk graded, low cost multi-asset funds’ in the first quarter of 2017.

Published : 1, Dec 2016
Woodford IM and L&G to fund UK start-ups

Woodford IM and L&G to fund UK start-ups

Woodford Investment Management (IM) and Legal & General’s principal investment arm have taken stakes in a £150m ($187m,€176m) venture platform to support UK digital start-ups at all stages of the funding cycle.

Published : 30, Nov 2016
Australia's IOOF considers buying ANZ's wealth business

Australia's IOOF considers buying ANZ's wealth...

Australian-listed financial services firm IOOF Holdings has indicated it is interested in buying the ANZ bank’s domestic wealth management business.

Published : 30, Nov 2016
Brewin Dolphin hit by 18% fall in pre-tax profits

Brewin Dolphin hit by 18% fall in pre-tax profits...

Brewin Dolphin has posted a 17.9% fall in pre-tax profits as it has published its preliminary annual results for 2016 in a year that included a “challenging” first half.

Published : 30, Nov 2016
Pacific Investments launches asset management business

Pacific Investments launches asset management...

Sir John Beckwith’s Pacific Investments group has launched Pacific Asset Management (PAM), which will initially focus on the multi-asset retail space, with institutional fund launches planned at a later stage.

Published : 30, Nov 2016
St James' Place doubles adviser numbers in Asia

St James' Place doubles adviser numbers in Asia...

St James’s Place has expanded its presence in Asia as it moves from servicing expats and looks to target the region's high net-worth individuals (HNWIs), said Mike Gravestock, partnership director for Asia and international.

Published : 30, Nov 2016
PEOPLE MOVES: StanChart, FPI, Aviva

PEOPLE MOVES: StanChart, FPI, Aviva

Standard Chartered’s Asean and south Asia chief executive has stepped down with immediate effect. Friends Provident International has appointed a regional sales director for Singapore, while Aviva has hired a tech industry heavy hitter for a new communications role.

Published : 29, Nov 2016
PortfolioMetrix and Praemium announce partnership

PortfolioMetrix and Praemium announce partnership...

Discretionary investment manager PortfolioMetrix has launched a strategic partnership with UK and international discretionary platform Praemium.

Published : 29, Nov 2016
Old Mutual Global Investors plans style premia fund

Old Mutual Global Investors plans style premia...

Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, plans to launch the Old Mutual Style Premia Absolute Return Fund (Star) at the beginning of December.

Published : 28, Nov 2016
Aberdeen's profit slides as net outflows continue

Aberdeen's profit slides as net outflows continue...

Aberdeen Asset Management has reported £32.8bn ($40.9bn, €38.6bn) in net outflows for the year to 30 September 2016 after negative economic and political news “weighed on investor sentiment”, according to chief executive Martin Gilbert.

Published : 28, Nov 2016
Bank of Singapore buys Barclays wealth unit for 30% less

Bank of Singapore buys Barclays wealth unit for...

Bank of Singapore (BoS), a subsidiary of one of Singapore's largest banks, has completed the acquisition of the wealth and investment management business of Barclays in Singapore and Hong Kong.

Published : 28, Nov 2016
Nine insurers identified as globally systemically important

Nine insurers identified as globally systemically...

The Financial Stability Board has named Aegon, Aviva, and Axa among nine global insurance firms identified as systemically important financial institutions (SIFI).

Published : 25, Nov 2016
Maseco Wealth targets ‘gaping hole’ for US citizens in Asia

Maseco Wealth targets ‘gaping hole’ for US citizens...

UK-based Maseco Wealth, the specialist wealth manager for US expat clients, is to target Asia with the launch of an independently owned business in Hong Kong.

Published : 25, Nov 2016
 Mike Webb on reviving Rathbones’ unit trust business post-Brexit

Mike Webb on reviving Rathbones’ unit trust business...

Mike Webb talks about his mission to revitalise Rathbones’ unit trust business and the impact of the UK’s decision to leave the European Union

Published : 25, Nov 2016
PEOPLE MOVES: BlackRock, Lombard Odier, Moore Stephens

PEOPLE MOVES: BlackRock, Lombard Odier, Moore...

After 11 months of musical chairs, things quietened down this week. A BlackRock veteran is to depart the company and possibly the industry. Lombard Odier has appointed a head of independent asset managers, while Moore Stephens has named a chief executive for Jersey.

Published : 24, Nov 2016
Charles Taylor agrees to buy Zurich’s closed book

Charles Taylor agrees to buy Zurich’s closed book...

Isle of Man-based Charles Taylor has agreed to buy one of Zurich's closed book of international life assurance business as well as Allied Dunbar International Fund Managers.

Published : 24, Nov 2016
Bank of Singapore to open financial advice unit in Dubai

Bank of Singapore to open financial advice unit...

A subsidiary of one of Singapore's largest banks, OCBC Bank, has confirmed it will offer financial advice to wealthy individuals in the Middle East when it opens a new office in Dubai next year.

Published : 23, Nov 2016
PEOPLE MOVES: Julius Baer, US SEC, JP Morgan

PEOPLE MOVES: Julius Baer, US SEC, JP Morgan

Swiss private bank Julius Baer is reportedly hoovering up bankers from the defunct Singapore branch of BSI Bank. The US Securities and Exchange Commission has announced two more resignations, while JP Morgan Asset Management has created a chief executive and country head role in Australia.

Published : 22, Nov 2016
Asia a key market for UK insurance sector growth, says ABI

Asia a key market for UK insurance sector growth,...

The Association of British Insurers (ABI) has identified eight countries as priority markets for the expansion of the UK’s insurance and long-term savings markets, all of which are located in Asia.

Published : 21, Nov 2016

Sponsored Content

Gulf IFAs face ‘year of reckoning’ as clients turn away
Gulf IFAs face ‘year...

Financial advisers in the Middle East are finding clients...

Malta the ‘big winner’ of UK’s extensive Rops reforms
Malta the ‘big winner’...

Malta will be the "main winner" of HM Revenue & Customs'...

St James' Place doubles adviser numbers in Asia
St James' Place doubles...

St James’s Place has expanded its presence in Asia...

Director of collapsed IFA firm banned after £4m goes missing
Director of collapsed...

The director of a bankrupt UK-based IFA firm, who also...

South Africa considering tax changes to offshore pension funds
South Africa considering...

South African tax authorities may clamp down on the...

OTHER STORIES FROM LAST WORD...