European Wealth buy Towry’s £120m South African client book
European Wealth has bought a book of business from Towry Asset Management, based on its clients in South Africa, who are estimated to have £120m ($152m, €132m) worth of assets.
Emerging Markets | 7 Oct 16
Investors continue to funnel funds from Europe to EM
Emerging markets saw strong net inflows in August and September while outflows from European equity funds continue relentlessly.
Tax & Regulation | 7 Oct 16
Life-ban for former HSBC relationship manager
Hong Kong’s SFC disqualifies Chen Chia-hui from the financial services industry following her bribery conviction.
Investment | 6 Oct 16
ANALYSIS: Have bond markets entered Twilight Zone territory?
There is a change happening in the City. One that would not be out of place in an episode of the Twilight Zone.
Zedra picks up Barclays UK trust operation
Trust and corporate services provider Zedra has agreed a deal to acquire Barclays UK trust business for an undisclosed sum.