News
People Moves | news 26 Jan 16
PEOPLE MOVES: HSBC GAM, Man GLG, Schroders…
The revolving door continues to spin as HSBC GAM announced appointments and a replacement, with a member of staff departing for sunnier climes. Schroders and Premier also reported departures, as Orangefield Legis recruited an industry veteran.
Brooks Macdonald’s discretionary funds climb 5.5%
Brooks Macdonald Group has reported its discretionary funds under management rose 5.52% for the half year to 31 December versus the same period in 2014.
New IoM code to push insurers to stick to the rules
A planned new code of conduct governing how Isle of Man-based insurers do business is likely to urge firms to only operate in regions where they are appropriately licensed, according to a highly placed industry source.
Tax & Regulation | news 26 Jan 16
Bank of England’s Bailey named FCA chief executive
The new chief executive of the UK’s Financial Conduct Authority (FCA) has been named as Andrew Bailey, the Bank of England’s deputy governor for prudential regulation and chief executive of the Prudential Regulation Authority (PRA).
UBS WM launches UHNW Academy in Asia Pacific
UBS Wealth Management is targeting its senior ultra-high-net-worth (UHNW) advisers with the launch of the investment bank’s UHNW Academy in Asia Pacific, as part of the training programme’s global roll-out.