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Manulife Asia merger to target $19trn

Asia | 6 Feb 15

Manulife Asia merger to target $19trn

Manulife Asia has merged its wealth and asset management divisions in order to target $19trn worth of untapped cash deposits throughout the region.

DeVere pays 190k for misselling

Companies | 5 Feb 15

DeVere pays 190k for misselling

A financial adviser has won a long-standing battle against deVere UK to return £190,000 to his clients after the multi-national advisory firm mis-sold high-risk products.

Kenya fails to meet deadlines for two DTAs

Africa | 5 Feb 15

Kenya fails to meet deadlines for two DTAs

Two double taxation agreements (DTAs) involving Kenya, South Africa and Mauritius have been set back a year after Kenya failed to complete the final step in the proceeds.

Asset management sector well positioned

Industry | 5 Feb 15

Asset management sector well positioned

Assets under management in the UK wealth and asset management sectors are expected to rise 6.5% per year between 2015 and 2018, EY said in a recent ITEM Club financial services forecast.

Dull US stocks set to shine Hermes

Companies | 4 Feb 15

Dull US stocks set to shine Hermes

Low quality stocks have led the recovery in the US so far, with QE contributing to excess liquidity, however higher quality although perhaps “unglamorous stocks” will see a resurgence according to Hermes’ Mark Sherlock.

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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.