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News

Ex-Schroders trader pleads guilty to insider dealing

United Kingdom | news 16 Mar 16

Ex-Schroders trader pleads guilty to insider dealing

Former Schroders equities trader Damian Clarke has pleaded guilty to nine counts of insider trading and will be sentenced on 13 June.

Eastspring enters French market

Companies | news 15 Mar 16

Eastspring enters French market

Prudential’s Asian investment management arm, Eastspring Investments, has opened up a Luxembourg Ucits Sicav for distribution in France.

Old Mutual completes Singapore acquisition

Asia | news 15 Mar 16

Old Mutual completes Singapore acquisition

Old Mutual Wealth announced on Tuesday that it has completed its acquisition of Singapore-based expat advisory business AAM Advisory.

Jailed former IFA has landmark sentence extended

United Kingdom | news 15 Mar 16

Jailed former IFA has landmark sentence extended

Former financial adviser Philip Boakes was sentenced to a further 730 days’ imprisonment on Tuesday for failing to satisfy the £165,731 ($237,877, €213,703) Confiscation Order against him.

Strong net flows boost LGIM’s pension assets

Companies | news 15 Mar 16

Strong net flows boost LGIM’s pension assets

Legal & General Investment Management (LGIM) reported a 402% increase in external net asset flows in its annual results, rising from £7.5bn ($10.8bn, €9.7bn) in 2014 to £37.7bn in the year to 31 December 2015.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.