Net sales of long term UCITS rise
Net sales of long term Ucits rose in September to 9bn (£7.5bn, $12bn) up from a break-even point in August according to the latest monthly statistics from the European Fund and Asset Management Association (EFAMA).
malta approves passport for cash
Maltas Parliament has approved a controversial scheme which will permit high net worth individuals from outside the European Union to become Maltese and thus EU citizens, in exchange for paying a set fee.
Middle East | 18 Nov 13
challenges of gcc private bank market revealed
The private banking marketplace in the GCC is complex and fragmented, according to a recent study.
United Kingdom | 18 Nov 13
coutts sells non core trusts businesses to appleby
Coutts has sold two of its trust operations in the Caymen Islands and Geneva to offshore legal and fiduciary service provider Appleby.
managers favour new investment fund laws pwc
Asset managers in Singapore are highly receptive to plans for a new investment fund framework, with about 90% preferring an open-ended investment company structure, according to a PwC survey.