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UBP Asset Management’s funds added to Allfunds Bank’s retail offer. 30 Jul 2013 | 03:56 pm
Allfunds Bank has signed an agreement with Union Bancaire Privee Asset Management (UBP) whereby Allfunds’ network of retail distributors will be offered UBP’s Luxembourg-domiciled Ucits funds. The of...
Hogan Lovells hires from Nauta Dutilh for Luxembourg launch team. 29 Jul 2013 | 09:10 pm
A two-partner team has been hired from Benelux firm Nauta Dulith by Hogan Lovells, who have confirmed an August Luxembourg launch. Hogan Lovells will become a part of the growing number of internatio...
Bank of Singapore increases headcount by 40% and continues to grow 26 Jul 2013 | 09:00 pm
The Bank of Singapore (BoS) has increased its headcount by 40% and is still continuing to grow. BoS was created in 2012 when ING Asia Private Bank was taken over by its parent bank OCBC. The total he...
BNP Paribas: Henderson Fund Final Stage Completed 25 Jul 2013 | 09:00 pm
A large number of Henderson funds have completed its final stage of migration to the BNP Paribas Securities Services platform. The project has seen 25 Gartmore funds worth an approximate €8 billion...
Butterfield Acquired by MUFG 12 Jul 2013 | 09:40 pm
Butterfield Fulcrum Group from Bermuda has agreed to be acquired by Mitsubishi UFJ Trust and Banking Corporation (MUTB). MUTB was established in 1927 and is a wholly owned subsidiary of MUFG: Mitsubis...
25 AIFMD Cooperation Agreements signed by Isle of Man 12 Jul 2013 | 04:19 pm
The Financial Supervision Commission has announced that as the first part of bilateral co-operation agreements, 25 AIFMD Cooperation Agreements have been signed with EEA competent authorities. These a...
Friends Life Awards Real Estate Loan 9 Jul 2013 | 02:03 pm
Pramerica Investment Management has been awarded a £500 million mandate from Friends Life to invest in commercial real estate. Pramerica is an asset management business of Prudential Financial, whose...
UAE Real Madrid resort put on hold. 3 Jul 2013 | 04:04 pm
Due to a lack of funding, the $1 billion Real Madrid Resort Island has been put on hold. The project was announced in 2012 as a joint venture between the government of Ras Al Khaimah, a Luxembourg...
Frequently Asked Questions Published by CSSF in Luxembourg on Master-Feeder UCITS Structures 2 Jul 2013 | 09:53 pm
Luxembourg’s financial Sector Supervisor Authority CSSF has published a collection of FAQs about master-feeder structures under the recent UCITS IV legislation. The FAQs cover both master and feeder f...
Fund Assets in Luxembourg Exceed 2007 High 2 Jul 2013 | 08:51 pm
Assets held in Luxembourg exceeded the high point reached in 2007 as with a growth of nearly 16% in asset values, funds hit €2.4 trillion at the end of last year. Research Company Monterey Insight re...
