News
J. Safra Sarasin buys Credit Suisse’s Gibraltar, Monaco arms
Swiss private banking firm J. Safra Sarasin is set to acquire Credit Suisse’s operations in Gibraltar and Monaco, the company has announced.
People Moves | news 22 Mar 16
PEOPLE MOVES: Axa, Carmignac, Quilter Cheviot
An Axa Group stalwart has announced his retirement plans, naming his successors in the process. Carmignac’s head of equity has departed, while Old Mutual’s Quilter Cheviot has made two UK-based appointments.
Guernsey funds enjoy year-on-year growth, now worth £230bn
The funds business in Guernsey is now worth £227.6bn ($323.7bn, €288.2bn) – a year-on-year increase of £8.2bn in net asset value, data from the Guernsey Financial Services Commission (GFSC) has revealed.
Macro Views | news 22 Mar 16
Investors must adapt to ‘repeating market cycle’, says BlueBay’s Riley
Investors must adapt to a repeating market cycle of rising global growth fears, subsequent sell-off and rescue by ‘dovish’ central banks, said David Riley of BlueBay Asset Management.
Alternatives | news 22 Mar 16
‘Unprecedented’ global ageing to drive investment, says PGIM
The record rise in the world’s elderly population will increase investment opportunities in real estate, healthcare and technology, according to a new survey published by PGIM, the global investment management businesses of Prudential Financial.