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.
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).
Investment | 24 Aug 15
Investors rotating out of EM equities
Divergent monetary policies between the US and emerging markets mean further EM stock market weakness, according to Axa Investment Managers.
Profiles & Comment | 20 Aug 15
The stage is set for alternative funds: Coral Portfolio
The 1998 financial crisis in Asia and Russia threatened the whole world economy. Latin American countries defaulted on debt and stock markets globally nosedived, says John Kennedy, chief executive at Coral Portfolio.