Jack Malvey, chief global market strategist for BNY Mellon Asset Management, expects resolution of the medium term economic fate of Europe and the US election outcome will see equities rise as much as 15% next year.
Trust and fiduciary service provider, Vistra, has acquired Cynosure, a specialist corporate services provider focused on the establishment of Wholly Foreign Owned Enterprises (WFOEs) in China.
Pioneer Investments has launched a Luxembourg-domiciled multi asset fund to hedge inflation. The fund aims to gain exposure to a broad spectrum of traditional financial securities and real assets through closed end funds, rather than single asset classes....
Aviva UK‟s international private medical insurance customers based in the United States will benefit from a new agreement with Olympus Managed Health Care to provide an extensive network of dental care across the country.
New proposals relating to marketing rules on venture capital funds as well as new regulations allowing the managers of social investment funds to market them across Europe will help finance European growth.
Whereas payment protection insurance (PPI) has floundered in the UK market, on mainland Europe loan and credit card payment protection insurance is "alive and well," reports research consultancy Finaccord.
Alcentra, a European division of BNY Mellon Asset Management, has announced its intention to launch a Guernsey-domiciled European Floating Rate Income Fund in early 2012, which is to be listed on the main market of the London Stock Exchange.
Financial security for the family is the top concern of ultra high net worth individuals, according to advisers.
Expats are still better off financially, despite downturn in local economies says the latest Expat Explorer survey.
The Dubai Financial Services Authority (DFSA) says the move signals a growing interest on the part of European institutions in doing business in the Dubai International Financial Centre."