Products | 4 Mar 13

In the latest of a number of fixed income developments Schroders has launched a Global Unconstrained Bond Fund to be managed by Bob Jolly and his global multi-sector team.

Asia | 4 Mar 13

Manulife Asset Management, a subsidiary of Canadian financial services company Manulife, has been handed a substantial fine by the Hong Kong regulator over “inadequate controls” in relation to its distribution of the Manulife Global Fund.

People Moves | 4 Mar 13

Brooklands Pensions, the UK- and Dubai-based pensions administrator, has promoted Bernie Saker to business development director and named Matt Tailford to the new post of business development manager for the Middle East.

Industry | 1 Mar 13

Swim Worldwide, a pan-South American advisory business founded 10 years ago by Briton Paul Scott, has opened an office in Santiago, Chile, its first in the country.

Industry | 1 Mar 13

Old Mutual profits for 2012 fell by 13% on 2011 levels, despite an increase in assets over the year.