Europe
Fixed income still the dominant force in Europe
The latest monthly report from the European Fund and Asset Management Association shows fixed income is still the region’s prefered asset class for retail investors.
globaleye opens flagship europe office
Globaleye, a UAE headquartered advisory firm, has opened an office in Geneva, its first in mainland Europe and one it said will be its flagship on the continent.
jersey funds sector healthy growth in q1
Jerseys funds sector grew its net asset value by a healthy 3.5% (£6.8bn) to £196.3bn during the first quarter of 2012 with a total of 1,412 funds registered, the highest figure since 2009.
bank of valletta fined over la valette fund
The Bank of Valletta, Maltas largest bank as measured by deposits, has been fined more than 200,000 by the Malta Financial Services Authority, in the latest chapter in a long-running saga involving a money-losing property fund.
oddo am continues expansion with plans
Oddo Asset Management is to open an office in Frankfurt in May and has hired Evelyn Muth from Fidelity to lead its German and Austrian expansion.