Europe
PEOPLE MOVES: SJP, Artemis, BlueBay
International wealth management group St James’s Place makes several changes to its range of funds, Artemis appoints Jasper Berens, former JP Morgan Asset Management UK head, to take over its head of distribution and Martin Currie poaches from Blackrock.
Italian Government bond spreads rely on incoming finance minister
The movement of Italian government bond (BTPS) spreads will depend on who will be the next finance minister, and future volatility will depend on whether the new government’s decisions diverge from the European Union, according to a top fund selector.
Cayman Islands bids to alter constitution after UK ‘overreaches’
The Cayman Islands Government has entered into dialogue with the UK to change parts of its constitution, as it looks to prevent Britain being able to legislate and impose its will on the jurisdiction.
European Wealth discovers liabilities at US acquisition target
Guernsey-based European Wealth Group’s $1.7bn acquisition of US broker Newbridge faces a fresh hurdle despite receiving regulatory approval.
Emerging Markets | 23 May 18
Blackrock trust offers investors swift exit
Investors in the Blackrock Emerging Europe investment trust will be able to exit at the net asset value, a regulatory filing published on Wednesday said.