Industry
Health & Protection | 29 Jan 16
Int’l health cover is ‘faster growing’ than rest of market
The global market for international health insurance is growing faster than for health insurance in general, with expatriates and students notching up premiums worth an estimated $12.98bn in 2015.
Goldman Sachs AM enters Singapore retail funds market
Goldman Sachs Asset Management (GSAM) has announced plans to launch a range of 13 investment funds to retail investors in Singapore over the next two months after receiving permission from the Monetary Authority of Singapore.
Deutsche AWM posts growth as bank struggles
Despite recording its first net asset outflow for seven quarters, Deutsche Asset and Wealth Management (AWM) outperformed the rest of the group; achieving net revenue growth of 14.2% in the fourth quarter, against a decrease of 15.2% for Deutsche Bank Group over the same period.
People Moves | 28 Jan 16
PEOPLE MOVES: Julius Baer, Legal & General, Emirates NBD…
Swiss private bank Julius Baer named its new chief executive for the UK and Ireland, while Legal & General promoted from within to fill its Cofunds chairman role. Emirates NBD appointed a new wealth management chief investment officer, Vestra Wealth added to its private office, and SBG appointed a new head of lender relationships.
Hansard posts hefty recovery in new business sales
Specialist long-term savings provider Hansard Global has unveiled an impressive 136% growth rate in new business premiums for the three months to December 2015 over the same quarter in 2014, helped by a large investment from its founder Leonard Polonsky.