Profiles & Comment | 14 Aug 13
lmim investors group lashes out
In the wake of last week’s winding up order by the Supreme Court of Queensland of LM Investment’s First Mortgage Income Fund, the Advisers Committee for Investors lashed out at what it said were “multiple failings" within Australia’s regulatory system, for having permitted the fund to get into the state it did…
Now the cooperative bank is to close
Another Crown Dependency island is to lose another banking brand, with the announcement today by the Co-operative that it is to close its Guernsey branch early next year, with the loss of 11 jobs.
eea death bonds fund slashed by 10 percent
EEA Fund Management, a vocal defender of traded life policy investments, has written to shareholders of its EEA Life Settlements Fund informing them of a 10% reduction in its net asset value.
singapores aam advisory formally launches
AAM Advisory, the Singapore-based advisory firm, has launched a special division to cater for the lesbian, gay, bisexual and transgender community, and named one of its senior advisers to head it up.
still business as usual gibraltarians
As the row between Spain and the UK over Gibraltar came to the end of a second week, Gibraltarians continued to reiterate that it was business as usual on the 2.6 sq mi Rock they regard as a part of Britain.