People Moves | 7 Mar 12
soares usurps shah for blackrock
BlackRock’s Daniel Tubbs has left the firm to pursue other opportunities, with new hire Luiz Soares stepping up to head the firm’s fundamental equity emerging markets team.
People Moves | 7 Mar 12
cmis dean waddingham joins nfu mutual
Dean Waddingham, managing director for the past three years of what is still known to many in the offshore life insurance industry as Clerical Medical International, has joined NFU Mutual, which specialises in providing insurance products to Britains rural communities, as client services manager.
United Kingdom | 7 Mar 12
offshore bond sales in uk fall more than 7 percent
Total new business sales of UK distributed offshore bonds last year came in more than 7% below 2010 levels, after what industry experts said was a difficult 12 months for those in the business of marketing these popular and tax-efficient long-term investment products.
axa buys hsbc p and c arms
Axa will acquire HSBCs property and casualty businesses in Hong Kong, Singapore and Mexico, the firm announced today. The French insurance giant has also signed an exclusive ten-year P&C bancassurance deal with HSBC in these countries, as well as in India, Indonesia and China.
People Moves | 7 Mar 12
beazley to lead nikko am
Former Gartmore director Charles Beazley has been announced as the replacement for Nikko Asset Management’s chairman and CEO, Timothy McCarthy, who is retiring at the start of April.