PEOPLE MOVES: Indosuez, Zedra, PraxisIFM
Indosuez Wealth Management has appointed a head of markets and investment solutions for Hong Kong, while Zedra has made three senior hires. PraxisIFM has created a group finance director role following the firm’s expansion in 2016.
Tax & Regulation | 3 Feb 17
DeVere UK no longer providing overseas pension transfer advice
DeVere UK has stopped providing advice on overseas pensions transfers, a spokesperson has confirmed to International Adviser.
Swiss regulator fines Coutts $6.6m for role in 1MDB scandal
Switzerland’s financial regulator has fined Coutts & Co, which counts the Queen among its clients, for violating money-laundering rules and illegally profiting from transactions associated with 1Malaysia Development Bhd (1MDB).
Best Practice | 2 Feb 17
Financial Adviser School achieves LIBF recognition
The Financial Adviser School (FAS), the UK-based training academy owned by Old Mutual Wealth’s (OMW) Intrinsic network, has secured recognition from The London Institute of Banking and Finance.
Liontrust launches European smaller companies fund
Specialist fund management group Liontrust has launched a European smaller companies fund with the aim of achieving long-term capital growth by investing primarily in pan-European smaller companies.