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Money market fund sales surge tenfold as total AUM hits record

Alternatives | 25 Jan 16

Money market fund sales surge tenfold as total AUM hits record

Investor appetite for cash grew markedly in 2015, the latest set of Investment Association fund statistics show.

Fidelity launches lifetime pension allowance guide

Retirement | 25 Jan 16

Fidelity launches lifetime pension allowance guide

Fidelity International has launched a lifetime allowance (LTA) guide aimed at a growing number of people who have built up significant assets in their pension plans, and face the UK’s LTA falling from £1.25m to £1m in April 2016.

Keppel Corp to consolidate asset management business

Asia | 25 Jan 16

Keppel Corp to consolidate asset management business

Singapore-based Keppel Corporation plans to consolidate its four asset management businesses under wholly-owned subsidiary Keppel Capital, in a move that could see the company venturing into regulated investment and asset management activities.

Griffon Capital launches Iran flagship fund

Emerging Markets | 25 Jan 16

Griffon Capital launches Iran flagship fund

Iran-focused asset management and private equity group Griffon Capital has launched Cayman Island-domiciled Griffon Iran Flagship Fund to tap into Iran’s public equity market.

Northstar plans Middle East and Africa expansion

Companies | 25 Jan 16

Northstar plans Middle East and Africa expansion

Bermuda-based Northstar Financial Services has announced plans to begin operating in the Middle East and Africa from a new office in Dubai.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.