PEOPLE MOVES: Schroders, Deutsche Bank, Old Mutual Wealth

Schroders has announced a host of senior moves in Asia Pacific, with Deutsche Bank reporting a high-level departure in the region. Old Mutual Wealth has named the head of its Financial Adviser School, while the firm’s Global Investors division is losing its absolute return manager following a difference of opinion.

Middle East | news 14 Jun 16

Abu Dhabi signs cooperation agreement with Cayman Islands

The Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) signed a memorandum of understanding with the Cayman Islands Monetary Authority on Thursday.

Best Practice | news 14 Jun 16

Spotlight on financial adviser GWM’s choice of platform

One service international financial planner firm Guardian Wealth Management (GWM) offers via its iGuard wealth management solution is Praemium, an Australian discretionary platform that supports more than 700 corporate firms managing and administering over 300,000 investor accounts and £40bn of assets.

Tax & Regulation | news 13 Jun 16

Ex-Schroders trader gets two years for insider dealing

Damian Clarke, a former equities trader at Schroders Investment Management, has been sentenced to two years in prison for insider dealing.

Investment | news 13 Jun 16

Wealth management needs ‘uber’ moment to attract millennials

Millennials, the generation aged 18-34, need a “one-stop shop” where they can go to find information on how to invest, the UK’s Wealth Management Association (WMA) has urged.

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