KPMG has appointed Neil Macdonald to the newly created role of managing director in its asset management practice, where he will be responsible for developing a number of the firm’s major global accounts.
Royal Bank of Scotland is in discussions with the Dutch central bank use the Netherlands as its trading base in the European Union once Britain leaves the bloc, the bank said on Friday.
Published by Asia Asset Management – 4th Aug 2017
The asset management industry is still an old boy’s club. Just 1.1% of the US$71.4 trillion of assets under management in the US is managed by women or minorities in the country, according to a study from Harvard Business School and Bella Research Group published in May.
Swiss private bank Julius Baer is opening three new UK offices as it looks to bank for wealthy residents spooked by uncertainty over Britain’s planned exit from the European Union.
The fund management arm of insurer Legal & General is moving the management of its Asian equity index funds to Hong Kong from London and Chicago, it said on Thursday.
Countries in the Asia Regional Fund Passport (ARFP) scheme are working on the legislation and regulations in their respective markets and have targeted 2018 for the launch, according to ARFP’s first annual report.
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