Cypriot banks to face courts over
Judicare is gearing up to take action against Cypriot banks next month over allegations that they mis-sold loans to around 200 UK investors in order to support their failed property investments in the country.
Henderson replaces China fund manager
Henderson Global Investors has appointed Charlie Awdry as fund manager of the Henderson Horizon China Fund, replacing Caroline Maurer who is leaving to pursue other opportunities
UBS investigated over US tax evasion
UBS has today confirmed it is involved in a fresh investigation by American authorities after it allegedly sold products to help US citizens evade tax.
IA toughens stance on disclosure
The UK’s Investment Association has proposed tougher standards of disclosure and transparency across investment and pension products.
Canada Life acquires Legal General Intl
Canada Life Group is to purchase Legal & General International to complement its existing offshore businesses in both the Isle of Man and Dublin.