News
Gibraltar insurer with five branches closes to new business
Gibraltar-headquartered Elite Insurance has stopped writing new business across all its offices “with immediate effect”.
People Moves | news 7 Jul 17
PEOPLE MOVES: Jersey Finance, Quilter Cheviot, HSBC, UBS
Jersey Finance appoints a former IMF economist as its new chairman while Quilter Cheviot’s Jersey office makes a notable investment hire. HSBC names a new investment strategist on Asia as UBS promotes its head of Asia-Pacific.
Singapore’s asset management industry up 7% in 2016
Singapore’s asset management industry saw healthy growth of 7% last year, with managed assets hitting S$2.7trn ($1.96trn, $2.5trn, €2.23trn), according to new figures from the Monetary Authority of Singapore (MAS)
Investors switch to trackers in European equity markets
Following the French elections, investors have swapped actively managed single country equity funds for index trackers.
Tax & Regulation | news 6 Jul 17
Ex-adviser jailed for stealing thousands to pay off mortgage
A former director of a company that provided financial advice to the Law Society of Northern Ireland has been jailed for six months for stealing thousands.