Europe
guernsey bank deposits up in q2 but still down
Guernsey bank deposits grew by £2.1bn (2.1%) in the second quarter of the year but the total value is still down since both the start of the year (£4.4bn) and as at the end of June 2011 (£10.7bn).
first state adds german office
First State Investments International (First State) has opened a representative office in Frankfurt am Main and made a senior appointment within the business.
Speaker at irish fa predicts worldwide defaults
The vast majority of debt in todays world will be defaulted on, according to Philippa Malmgren, president and founder of London based Principalis Asset Management.
guernsey funds in q2 show slight rise
The value of funds business in Guernsey grew by £711m (0.3%) during the second quarter of the year, to take the total net assets to £270.8bn at the end of June 2012.
Emerging Markets | 5 Sep 12
fmg names portelli malta md cio ahead
FMG, a specialist in emerging market funds based in Bermuda and Malta, has named Joe Portelli to head up its Malta operations as managing director and chief investment officer, as it prepares to launch a platform for use by third parties interested in cost-efficiently launching their own funds.