People Moves | 13 Jan 16
Industry leaders join Hilbert’s structured products panel
Specialist structured products firm Hilbert Investment Solutions has attracted two top industry figures to its newly established advisory board of “industry leaders”.
Zurich to sell Luxembourg private bank unit to Lombard Int’l
Lombard International Assurance is to buy the Luxembourg-based private banking division of Zurich Eurolife S.A.
Middle East | 10 Jan 16
Saudi Arabia aims to introduce VAT, privatise key sectors
Saudi Arabia’s deputy crown prince has said the kingdom rules out introducing income and wealth taxes but aims to go live with VAT by the end of 2016.
Lombard International targets Asia with new presence and CEO
Luxembourg and Philadelphia headquartered Lombard International is to open offices in Hong Kong and Singapore as a “significant” next step in its global expansion plans, under a new chief executive for the Asia region.
Ten challenges facing global asset managers
In the latest in a series of viewpoints from prominent industry figures, Nigel Watson, sales director of VAM Funds, sets out what he sees as the key challenges and opportunities for global asset managers in 2016 and beyond.