Europe
european funds industry continues to consolidate
The European mutual funds industry witnessed further consolidation in the third quarter as fund closures outnumbered new launches, data from Lipper shows.
cyprus property brits get right
The UK’s High Court in London has ruled that a group of UK property buyers who claim that they were mis-sold properties in Cyprus at the height of the property boom there may have their cases heard and decided in a British court in certain circumstances.
mitonoptimal takes stake in guernsey manager
Multi-asset specialist MitonOptimal is to acquire a majority stake in Argyll Investment Services in Guernsey for an undisclosed consideration.
swiss life to rebrand its awd arm in europe
Zurich-based Swiss Life has announced a rebranding of its AWD advisory operations that will see the AWD brand disappear both in Europe and the UK.
internaxx changes name to global brand
Luxembourg-based Internaxx Bank is changing its name to TD Direct Investing International to give a global brand image and explain better the online broker services it provides.