People Moves | 5 Dec 12
insparo am appoints former fund manager to help
Insparo Asset Management has appointed a former equity fund manager as head of marketing as it seeks to attract a wider group of international investors, particularly from the US.
european funds industry continues to consolidate
The European mutual funds industry witnessed further consolidation in the third quarter as fund closures outnumbered new launches, data from Lipper shows.
hk trust laws reforms edge closer as govt
Hong Kong’s government has published the conclusions of a three-month consultation carried out earlier in the year to gauge industry views on plans to reform and modernise the special administrative region’s trust laws.
People Moves | 4 Dec 12
nikko am appoints international cio
Nikko Asset Management has appointed Yu-Ming Wang to the newly created role of international chief investment officer and promoted Hiroki Tsujimura to CIO of Japan.
Middle East | 4 Dec 12
advisers say uae change to 100 ownership
Financial advisers specialising in catering for expatriates in the United Arab Emirates say they would welcome a change to laws that currently prevent them from owning more than 49% of the companies they set up and operate there but are not holding their breath.