United Kingdom | 14 May 13

A founder of the retail absolute return movement, Mark Lyttleton, has been arrested for insider dealing, alongside a 37-year old female, according to reports.

Products | 14 May 13

Allianz Global Investors has launched the Allianz Europe Equity Growth Select Fund for its European equity team led by Thorsten Winkelmann and Matthias Born.

Asia | 14 May 13

Baring Asset Management has named Marco Tang to head up sales, client services and business development for its mutual fund distribution operations across Hong Kong, China and Singapore.

Tax & Regulation | 14 May 13

Guernsey has signed a Double Taxation Agreement with Luxembourg, giving the crown dependency a total of eight full DTAs to date.

Industry | 13 May 13

The chief executive of deVere Group, which claims to be the world’s largest IFA company in the world, has posted a video on YouTube discussing negative blogs.