Industry
Post-Brexit Luxembourg expansion for Columbia Threadneedle
Columbia Threadneedle Investments is looking to beef up its presence in Luxembourg prior to the UK leaving the European Union.
People Moves | 30 Jun 16
PEOPLE MOVES: OMGI, Creechurch Capital, Aegon UK
Old Mutual Global Investors has named a new head of global bonds, while Creechuch Capital has lured its new managing director from Canada Life International and Aegon UK has created the new role of protection director.
GAM makes UK acquisition in defiance of Brexit worries
GAM, the acquisitive Swiss asset manager, has made another move. It announced today it bought the UK-based multi-strategy systematic manager Cantab Capital Partners for $217m (€195m).
North America | 29 Jun 16
Bill to replace Cayman Islands’ ‘secrecy law’ tabled
A bill to replace the Cayman Island’s controversial ‘secrecy law’, which would remove criminal sanctions for the unlawful disclosure of information, has been submitted to the jurisdiction’s legislative assembly.
International Wealth Insurer sold to Luxembourg’s Foyer
Luxembourg-based International Wealth Insurer (IWI), has been sold by state-owned Belfius Insurance to Foyer, a major private financial group in the Duchy, creating a new player in the international life insurance sector.