United Kingdom | 26 Feb 14
now uk looks to tweak visas for investment
At first it was recession-impacted countries like Cyprus, Greece and Portugal that rushed to introduce residence-for-investment schemes aimed at bringing wealthy foreigners to their shores. Then Malta attempted to introduce its own “passport for cash” programme last year, but was derailed, first by local opposition and then by the European Union.
singapores fullerton to open london office
Fullerton Fund Management a wholly-owned subsidiary of Singapore state investor Temasek Holdings is to set up an office in London, and will be shortly applying for a license from the Financial Conduct Authority.
People Moves | 26 Feb 14
citibank appoints luk hk head of insurance
Citibank has appointed Virginia Luk as head of insurance for Hong Kong with immediate effect.
varley to lead axa hk singapore push
Axa Hong Kong (Life) and Axa Singapore (Life) are to target Asia’s growing number of high net worth individuals with a new range of products and services, and have named David Varley to oversee the operation.
st jamess place in advanced stage of acquiring
St James’s Place Wealth Management, the Cirencester-based UK wealth management network, is at an “advanced stage” of acquiring the Henley Group, the Singapore-based wealth manager founded by Antony Michell, it has emerged.