FSDC calls for flexible fund structures like oeics
The Financial Services Development Council of Hong Kong has published proposals to broaden the fund structures permitted in the territory, including open-ended investment companies, in a bid to attract more funds to domicile locally.
People Moves | 19 Nov 13
absolute asia in hunt for ceo as bill sung quits
Absolute Asia Asset Management is looking to replace chief executive and CIO Bill Sung after he announced plans to leave the company at the end of this year.
skandia ditches royal brand in europe
The Royal Skandia brand has been withdrawn from Europe, with all new business from January 2014 onwards being directed through the companys Dublin-based Skandia Ireland brand.
Middle East | 18 Nov 13
dfsa sues deutsche bank
The Dubai Financial Services Authority is suing Deutsche Bank over claims that the German bank did not hand over all the information the regulator requested while carrying out an investigation, although the bank argues that its hands are tied under Swiss law.
Profiles & Comment | 18 Nov 13
a tough nut to crack
The challenge for advisers post-RDR has not been restricted to fee disclosure. The creation of a profitable, long-term service proposition to add ongoing value for clients has been the greater test