Old Mutual International appoints Singapore chief executive
Old Mutual International (OMI) has promoted Ian Kloss to chief executive of Singapore, replacing Steve Hickman who has decided to pursue opportunities outside the group.
ETF Securities drops Hong Kong asset management licence
UK-based ETF Securities has decided not to renew its asset management licence in Hong Kong, following a number of high-profile delistings in city last year.
Investment | 2 Feb 17
Agnostic investors embracing Shariah products
Agnostic and ethically-minded investors are increasingly turning to Shariah compliant products with asset managers happy to meet demand, says Jad Shams, head of Mena for Mirae Asset.
IoM life industry discloses extent of commission complexity
When it comes to disclosing commission, Isle of Man-based life companies have revealed at least six different ways they pay intermediaries and asked the regulator to be clear on what it wants them to disclose, according to industry responses to a consultation paper.
North America | 1 Feb 17
Trump’s travel ban may lead to UK ‘influx’ of foreign HNWIs
US president Donald Trump’s controversial travel ban of some Middle East citizens could result an “influx” of high net worth individuals (HNWIs) from the region coming to the UK, according to London and Geneva-based law firm Collyer Bristow.