News
People Moves | news 15 Mar 16
PEOPLE MOVES: Cazenove Capital, Natixis, M&G Investments…
Cazenove Capital has changed its head of wealth management in Singapore; while Natixis AM has named a new chief executive following the departure of incumbent Pascal Voisin. South Africa’s Standard Bank has also appointed a chief executive, while M&G Investments named a new fund manager to its multi-asset team.
SocGen buys Kleinwort Benson to create WM behemoth
Societe Generale has agreed to buy Kleinwort Benson’s UK and Channel Islands wealth management businesses for an undisclosed sum.
APAC economies at serious risk from climate change
Zurich Insurance has named climate change as one of the biggest risks facing economies in the Asia Pacific (APAC) region, according to a recent report published in partnership with the World Economic Forum.
Study: China the source of global financial shocks
Advanced economies have become the net receiver of market shocks, while China and other emerging markets have turned into the sources, according to an IMF working paper.
Retirement | news 15 Mar 16
Carey sells int’l pensions arm to Overseas Trust and Pension
The Guernsey-based international pensions business of Carey Group is to be acquired by Overseas Trust and Pension.