People Moves | 15 Mar 13
coup for old mutual as buxton quits
Schroders’ head of UK equities, Richard Buxton, is joining Old Mutual Global Investors in the firm’s biggest statement of intent to become a major UK player since its vast restructure over the past year.
North America | 15 Mar 13
guernsey prepares to implement uk fatca
Guernsey is preparing to finalise a draft tax disclosure agreement with the UK based on the principles of the US government’s Foreign Account Tax Compliant Act, which it is also implementing.
uk based gemini to distribute national bank
Gemini Investment Management is to manage the European distribution of two Mena funds on behalf of the National Bank of Abu Dhabi (NBAD).
Investors to pay north of 13bn in extra charges
Financial Transactions Tax (FTT) will cost investors a minimum of 13bn annually at current transaction levels and could force asset managers to relocate outside of the FTT zone, warns the European Fund and Asset Management Association (EFAMA).
ascot life launches reg prem plan linked
Mauritius based Ascot Life has launched a regular savings plan, wrapped in a life policy, where the underlying investments are held exclusively in a range of structured notes.