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News

Ex-Credit Suisse banker guilty in US offshore tax case

Companies | news 21 Jul 17

Ex-Credit Suisse banker guilty in US offshore tax case

A former Credit Suisse banker who helped wealthy Americans dodge millions of dollars in income taxes for nearly a decade has pleaded guilty.

Africa | news 21 Jul 17

IoM’s collapsed Louis Group gets second director ban

A second Isle of Man director of South Africa-headquartered Louis Group, which saw 700 investors lose at least £60m ($78m, €67.4m), has been disqualified as a director.

PEOPLE MOVES: BNP Paribas AM, Neuberger Berman, Hawksford

People Moves | news 21 Jul 17

PEOPLE MOVES: BNP Paribas AM, Neuberger Berman, Hawksford

BNP Paribas Asset Management has hired a new head of client sales for its marketing division and Neuberger Berman has a new Chinese equities portfolio manager. Meanwhile, Minerva Trust’s Wendy Inns is set to rejoin Hawksford after two years away from the company.

Europe’s fund industry facing dispersal as Brexit looms

Companies | news 21 Jul 17

Europe’s fund industry facing dispersal as Brexit looms

Whatever the outcome of the Brexit process now under way, the shape of the asset management industry in Europe is set to change substantially, a report by the CFA Institute has found.

MSCI: UK worst performer in June

Europe | news 21 Jul 17

MSCI: UK worst performer in June

The UK was the worst performing single country index in June while Canada was the best, according to data by MSCI.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.