Landsbanki Guernsey administrators announce third distribution
The joint administrators of the Guernsey branch of the failed Icelandic bank Landsbanki said a third distribution to creditors of between 11 and 12.5p in the pound will take place in January.
Irish eyes smile on rival jurisdictions hedge funds
Ireland has introduced legislation aimed at encouraging hedge funds domiciled in other jurisdictions to move to Dublin, a move that was welcomed by the Irish Funds Industry Association.
Centurion launches first-ever macro/micro longevity fund
Centurion Fund managers has obtained regulatory approval in Luxembourg for what it said is the first open-ended fund to combine macro and micro longevity life settlement exposure.
Resolutions Friends Provident to buy its German distribution partner
Resolution, the parent company of Friends Provident, said today that Friends Prov is to buy Financial Partners Business AG, its German distribution partner. The price was not disclosed.
UK MP calls for UK intervention to ensure full compensation for all KS&F Isle of Man depositors
UK MPs are being asked to support an early day motion which blames the collapse of Kaupthing Singer & Friedlander’s Isle of Man operation on the FSA’s decision to revoke the Icelandic bank’s UK deposi