Industry
Schroders acquires $4bn US ABS team
Schroders has acquired a team of securitised investment specialists from Brookfield Investment Management with $4bn (£2.8bn, €3.5bn) in assets under management.
People Moves | 17 May 16
PEOPLE MOVES: Barings, BlackRock, Deutsche Bank…
Barings chief investment officer is to depart just two months after it was announced that the firm will merge with three other MassMutual affiliates. BlackRock has named a new chief investment officer in Japan, while Deutsche Bank has appointed a global head of M&A.
Portugal: the safe haven in the sun
Increasing numbers of high-value professionals are benefiting from bilateral double-tax agreements that offer Portuguese non-habitual residents qualifying income tax-free in a safe haven.
RL360° achieves 21% growth in 2015
Isle of Man-based RL360° said it has recorded 21% growth in new business for 2015, due mainly to very strong growth in its regular premium business.
FEIFA partners with Kreston IoM
The Federation of European IFAs (FEIFA) has formed an affiliation with Kreston IoM, with the new partner advising members on structures to mitigate tax, aid succession, international pensions, and delivering guidance to high net worth clients.