People Moves | 18 Jul 12
ardel trust promotes in swiss and guernsey teams
Ardel Trust has made two internal promotions within its Swiss and Guernsey-based teams.
Tax & Regulation | 18 Jul 12
jersey regulator makes rdr a priority
Jerseys financial regulator has made the introduction of an RDR-type regime in the jurisdiction a priority for next year, according to its 2011 annual report released yesterday.
increasing polarisation between global
The distance between the worlds largest international wealth management firms and its smaller, boutique players widened in 2011, as the bigger institutions weathered the storms of 2011 more successfully, according to an annual assessment of the industry by Scorpio Partnership.
Tax & Regulation | 17 Jul 12
fsa contacts firms over rdr and reiterates
The UKs Financial Services Authority has today contacted a number of advisory firms, as well as lawyers and accountants, which it believes may wish to revoke their permission to provide investment advice after the implementation of the Retail Distribution Review.
Hong Kong fund managers suffer 10% fall in AUM
Hong Kong suffered a 10% decline in the total AUM of its fund management sector in 2011, an annual survey has revealed, although steps to strengthen its position as an offshore renminbi centre leave the jurisdiction in a good position, says its regulator.