Industry

People Moves | 20 Sep 16

Axa Asia has named a chief executive of Life & Savings and Distribution, while Legal & General have added to its investment and pension risk transfer businesses with two appointments. Aegon Asset Management has bolstered its American real estate advice business with three people moves.

Europe | 20 Sep 16

Twenty-three countries in the European Union have backed a 12-month delay to the introduction of the controversial Priips legislation, following a landmark rejection of its regulatory technical standards (RTS) by the European parliament (EP) last week.

Asia | 20 Sep 16

Wealth management firm Crossbridge Capital is to target Singapore’s “underserved” US expatriate market with the launch of the country’s first digital advisory platform for accredited investors, with at least $2m (£1.5m, €1.8m) in net personal assets.

Companies | 19 Sep 16

Wren Investment Office, focusing on multi-generational wealth management for high net worth families and individuals, launched Monday in London.

Tax & Regulation | 19 Sep 16

Guernsey-based Louvre Fund Services and two of its executive directors have been fined under the island’s protection of investors law.