PEOPLE MOVES: Cigna, Lombard Int’l, Woodford
Global health insurer Cigna has boosted its distribution platform in Asia Pacific with two senior hires. Lombard International Assurance has appointed a head of France, while Woodford has raided his alma mater Invesco Perpetual to find a head of third party relationships.
DeVere’s Nigel Green to review Qrops unit in group restructure
DeVere Group chief executive Nigel Green has launched a strategic review of the company’s business which will factor in the surprise Spring Budget announcement of a 25% overseas pension transfer charge on Qrops plans in some markets and particular circumstances.
Capital Group to launch US bond fund in Asia
Despite expectations of rising US interest rates, Capital Group intends to launch a bond strategy in Asia that targets investment grade US corporates.
Pictet warns to steer clear of US equities
The expensive valuations of US equities have made Luca Paolini, Pictet Asset Management’s London-based chief strategist, urge investors to be very cautious.
St James’s Places launches int’l investment plan in Hong Kong
St James’s Place has launch the international investment plan (IIP), an investment-linked assurance scheme (ILAS), in Hong Kong.