Open ended fund structure planned for Hong Kong
The Hong Kong government has announced measures to boost the development of the local asset management industry.
aberdeen am to acquire Indonesian fund manager
Aberdeen Asset Management Asia has entered into an agreement with Indonesia’s NISP Sekuritas to acquire an 80% stake in NISP Asset Management.
hartmann cap client monies total 23
The joint special administrator of Hartmann Capital has completed the first stage of its unwinding of the London-based investment company, and revealed that client monies as of Monday totalled £23.7m ($39.4m, 28.8m), while it held client equities worth around £39.8m.
gibraltars financial services centre rebrands
A major rebranding and restructuring of Gibraltar’s financial services industry, aimed at raising its competitive profile and increasing its focus on particular market sectors, is under way, overseen by minister for financial services and gaming Albert Isola.
lazard launches offshore global equity income fund
Lazard Asset Management has launched an offshore version of its Global Equity Income Fund.