Middle East | 29 May 13
uae asset managers shun soft commission
The payment of so-called ‘soft commission’ to advisers in the United Arab Emirates by some asset management companies is causing a headache for larger international asset managers who do not pay additional incentives to advisers.
la mondiale europartner scm private
La Mondiale Europartner is teaming up with SCM Private, the UK-based asset manager, to offer a new, cross border-compliant investment option for retail investors in La Mondiale’s flagship offshore bond product.
julius baer begins integration of hk and singapore
Julius Baer has begun the integration of the Hong Kong and Singapore based portion of Merrill Lynch’s International Wealth Management business.
Tax & Regulation | 28 May 13
french legal document suggest personal
A France-based partner with the Spectrum IFA Group has found what she believes is proof that the French authorities do not expect foreign personal pension schemes with France-resident beneficiaries to report to them on these schemes’ holdings, as is now being required of other types of trusts.
lm investment management administrators
The administrators of the beleaguered LM Investment Management company have been criticised by a top judge in the Australian state of Queensland over its bid to oust the trustees of LM’s property fund.