sli announces wholesale expansion plans for asia
Standard Life Investments has appointed Allen Wang as head of Asia institutional business, as part of a wider growth strategy in the region which also sees other senior investment directors move east.
ecb number of eurozone financial institutions
The number of banks and other so-called ‘monetary financial institutions’ in the eurozone fell by 6% last year, continuing a long-term trend, the European Central Bank said in a statement.
Hong Kong to create platform to allow cross border fund distributionund
Hong Kong’s Securities and Futures Commission has announced plans to create a mutual fund platform which will allow asset managers in HK to distribute funds into mainland China and Chinese managers to distribute into Hong Kong.
United Kingdom | 23 Jan 13
australias lm investment enters uk
LM Investment Management, a Queensland, Australia-based global asset manager, has opened an office in London and is preparing to market its range of products into the UK.
Fixed Income | 23 Jan 13
pimco launches global income fund
Pimco has launched a global fixed interest fund for European investors aimed at generating regular income in any given market environment.