allianz gi sheds rcm name as planned
Allianz Global Investors is to rename its offshore and onshore funds, in the process removing the RCM brand it acquired in 2001.
irish nationwide iom rebrands
Irish Nationwide (IOM) is to rebrand to Permanent Bank International from today, following its acquisition by Irish Life & Permanent in February last year.
North America | 14 Feb 12
efama calls for further refinement of fatca regs
The European Fund and Asset Management Association today called on the US to further refine the rules it is proposing for the implementation of FATCA, although it acknowledged that the most recent set of draft regulations aimed at cracking down on offshore tax evasion addressed “many” of its original concerns.
Middle East | 14 Feb 12
gulf ipos fall 80 in q4 2011
The value of initial public offerings in the Gulf region fell by 79% year-on-year in the last quarter of 2011, according to a PwC report.
european investors redeem 100bn euros net in 2011
The trend of net monthly Ucits fund outflows amounting to billions of euros in the past calendar year lessened towards the end of 2011, with bond funds seeing net inflows in December for the first time since the summer.