sweet spot asia delivers for prudential in 2012
Prudential’s “sweet-spot” Asian markets helped the company deliver a 14% increase in new business profit last year, on a European embedded value basis, with Asia contributing almost 20% to new business profit.
record net sales of non money market
A surge in investor confidence fuelled record sales of non-money market Ucits funds in January, according To EFAMA.
kinetic partners receives lux licence
Kinetic Partners has had an application to become a fund management company in Luxembourg approved by the Luxembourg Financial Authority.
sipp investors in harlequin likely
Investors who used a self invested personal pension to invest in property developer Harlequin are likely “in all cases” to have broken pension rules limiting borrowing levels.
january fund sales record books
Long-term funds attracted their highest monthly inflows in seven years in January, with both bond and equity sales contributing to the strength in numbers, according to Lipper data.