New revelations published by ICIJ (the international consortium of journalists), the German newspaper Süddeutsche Zeitung and news organisations from Europe, South America, Asia and Africa reveal fresh information about a series of offshore companies in the Bahamas. The leaked Bahamian files reveal details of the offshore activities of prime ministers, ministers, princes, convicted criminals, a prominent former EU commissioner and the […]
Land-locked Switzerland is expected to remain the largest single offshore financial centre through 2020, owing to its “high service quality, diverse product offerings, political stability, safe-haven currency, and attractive location in the centre of Europe”, the Boston Consulting Group says, in its sixteenth annual report on the global wealth management industry. And although Asian wealth […]
As part of a new series of special video profiles of some of the fund industry’s best-known names, International Investment, sister publication to InvestmentEurope, has paid a visit to Rathbone UTM chief executive Mike Webb. Click in this image to play the video filmed at Rathbone UTM’s Mayfair offices in London, where Webb talks about the company’s […]
Whenever native English speakers go abroad, they discover a wealth of new words and expressions that typically have their origins in the history and culture of the places they’re now living. This phenomenon is neither new, nor a problem. Indeed, most expatriates who live in such financial centres as Hong Kong, Dubai, London, Singapore, Rio […]
Karent Blatchford has joined Old Mutual Wealth – which trades as Old Mutual International ex-UK – as head of international marketing from Legal & General Investment Management, where she was sales and marketing director for retail investments. OMW is part of Old Mutual, the FTSE listed life assurance, asset management, banking and general insurance group, […]
Novia Global, a new wealth management service platform, is set to go live by the end of September subject to UK FCA approval and offer multiple currencies, access to over 1,000 funds, portfolio modelling, construction and reporting tools, and both Investment and Retirement accounts. The service is built on a platform to enable 24 hour […]
Maria Eugenia Cordova has been appointed as the new Sales Manager with Henderson Global Investors for the US offshore market. She will be based in Miami, Florida, with immediate effect. Henderson Global Investors’ has a strong commitment to these markets, with $6bn assets under management in the Iberian & Latin American region combined. Cordova will report to […]
Old Mutual Global Investors will launch its Global Equity Income fund over the summer, which will target UK and offshore investors, and be managed by the team of Ian Heslop, Amadeo Alentorn and Mike Servent. The fund is a sub fund of the Dublin domiciled Old Mutual Global Investors Series plc umbrella fund. It is […]
Barclays has appointed Steve Rickards (pictured) as head of offshore funds. He will lead the creation and implementation of the bank’s offshore funds strategy and report directly to Paul Savery, managing director of personal and corporate banking in the Channel Islands. “Steve has 30 years’ experience with Barclays in corporate banking and international finance centres,” said […]
Bev Hendry, current co-Head of Aberdeen Asset Management in the Americas, came to Fort Lauderdale 19 years ago to plant the seed of the Scottish asset management firm in the Americas. “In 1995, it was decided that America would be the next area of growth for Aberdeen Asset Management, at a time when the company […]
Cecile Civiale Vuillier has been appointed managing director at Alpadis, where she will be responsible for the Swiss operations of the group, based in Nyon.
Over half of expatriate investors expect the global economy to fall back into recession in 2012, but remain confident that international markets can ward off the worst impact of struggling European markets, according to the latest TD Global Investor Confidence Survey.