Regions
Value of funds under management in Ireland set to top €2trn
The net value of investment funds domiciled in Ireland is set to top €2trn (£1.45trn, $2.25trn) after a 14% rise of €234bn in the first quarter of 2015, Irish Funds Industry Association chief executive Pat Lardner said.
North America | 11 Jun 15
Financial institutions must prepare for ‘FATCA on steroids’
Financial institutions around the world must ‘get their act together’ for the introduction of the OECD’s Common Reporting Standard (CRS) in seven months, Linedata has warned.
Tax & Regulation | 11 Jun 15
BoE set to tighten rules on asset managers
Declaring ‘the age of irresponsibility’ over, the governor of the Bank of England has announced plans to extend tough new rules on senior management behaviour to asset managers.
United Kingdom | 11 Jun 15
F&C rebrands as BMO Global Asset Management
London-headquartered, F&C Asset Management, is to be rebranded as BMO Global Asset Management following the firm’s acquisition by BMO Financial Group last year.
Chairman of AILO Liljeberg to step down from SEB Life Int’l
The chairman of AILO Nils Liljeberg will step down as managing director of SEB Life International on 30 June and be replaced by Peder Nateus.