Investment | 24 Aug 15
Advisers urged not to panic in face of market volatility
The best advice to give investors looking at the carnage in world financial markets, which on Monday saw their sharpest falls since the global financial crisis, is to do nothing, according to Dominic Rossi of Fidelity Worldwide Investment.
JTC completes Kleinwort Benson fund admin arm buyout
Multi-national company JTC has completed its takeover of Kleinwort Benson’s fund administration business, which will bolster its operations in the Channel Islands and give it a permanent base in South Africa.
People Moves | 24 Aug 15
UK investment arm of State Bank of India hires chief exec
The UK subsidiary of the investment-banking arm of the State Bank of India, SBICAP, has appointed Sumit Jamuar as chief executive to spearhead its European and UK business.
People Moves | 24 Aug 15
Mirabaud moves to strengthen European equity team
The Mirabaud Group’s asset management arm has strengthened its European small and mid-cap equity team with two new hire.
Retirement | 24 Aug 15
Case against delayed Guernsey QROPS transfer thrown out
A case against pension administrator Capita which claimed there were “unreasonable delays” to an overseas pension transfer has been rejected by the Pensions Ombudsman Service (POS).