Europe
Strong year for ucits as european economy improves
Ireland and Luxembourg accounted for the majority of Ucits net sales in 2012, while inflows across Europe returned to positive territory on the back of strong demand.
maltas financial services sector gdp
The Mediterranean island of Malta saw the direct economic contribution made by its financial services sector nearly double in the five year period ending in December 2012 a period of considerable turmoil and consolidation in many other jurisdictions, particularly elsewhere in the European Union.
stone and simmonds looking to double size
Eight months after they were part of a management buyout of the international Blevins Franks financial advisory group, John Stone and John Simmonds have unveiled plans to double the size of the business over the next five years.
withers plans pan european investment fund
International law firm Withers has announced plans to establish a pan-European investment funds practice and has hired Matthew Feargrieve to lead the new initiative.
nationalised irish life sold to canada Life parent
Canada Life’s parent company Great-West Lifeco is to purchase Irish Life, a company the Irish government was forced to nationalise during its banking crisis, for 1.3bn (£1.1bn, $1.75bn).