Profiles & Comment | 10 Aug 12
eurozone crisis spurs growth of islamic finance
Problems in the eurozone and investor concerns over some risk assets are pushing investors towards Islamic finance, says Bank of London and the Middle Easts Nigel Denison, head of treasury and wealth management.
cazenove capital management plans
Cazenove Capital Management is planning to open an office in Hong Kong by the end of this year, pending approval from local regulators.
Pru delivers twice the profit growth
Prudentials Asia operation delivered stellar returns in the companys solid worldwide group half year results to 30 June this year, with the Asia life insurance business operating profit jumping by 26% to £409m, from £324m, compared with a 13% profit rise for the group as a whole.
sfc bans wealth manager for three years
Hong Kongs financial watchdog, the Securities Futures Commission, has banned wealth manager Esther Lee Ying Chih from re-entering the industry for three years.
singapore aviva life sales
Avivas higher growth overseas markets boosted the group’s results in the first half of this year with Singapore standing out in delivering solid double digit life and pension sales growth.