International Finance

Category : Wealth Management

Wealth Management

XL Catlin appoints new global head of placements forceded reinsurance

Anne Middleton to manage its ceded reinsurance placements globally January 18, 2017: XL Catlin’s P&C Underwriting Capital Management operation has appointed Anne Middleton to manage its ceded reinsurance placements globally.XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Previously, head of finance for several XL Catlin insurance businesses, in her new role, Ms...
Wealth Management

‘2017 will be a year of volatility, and that offer opportunities’

CAMRADATA Global Investment has collated the top 10 global investment trends with feedback from its asset management clients January 12, 2017: CAMRADATA, a leading provider of data and analysis for institutional investors, has collated the top 10 global investment trends for 2017 from a range of its asset management clients. Sean Thompson, Managing Director, CAMRADATA...
Wealth Management

Driving the company to be a ‘People Business’

Thai Life Insurance Public Company Limited believes that ‘people’ are the key factor in their business IFM Correspondent November 28, 2016: Thai Life Insurance Public Company Limited is the country’s first life insurance company. It was founded 74 years ago. In 2014, the company altered its vision, mission and core values to become a cutting-edge...
Wealth Management

Japan scores low in financial literacy

Aversion to risk poses challenge to reversing the prolonged deflation in the economy Suparna Goswami Bhattacharya November 22, 2016: Despite being among the most industrialised and developed nations in the world, Japan surprisingly scores very low on financial literacy. According to a survey by the Central Council of Financial Services Information, Japanese are averse to...
Wealth Management

Tax compliance gets easier for companies

But post filing challenges still persists November 18, 2016: Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on businesses, says the latest edition of Paying Taxes 2017, a report by The World Bank Group and PwC. The report finds that the Total Tax Rate decreased by 0.1...
Wealth Management

British industrialist seals purchase of ‘industry-friendly’ UK bank

Tungsten Bank to be renamed Wyelands Bank November 16, 2016: British industrialist Sanjeev Gupta, through Wyelands Holdings Limited, finalised with Tungsten Corporation PLC, the terms of the purchase of Tungsten Bank PLC which is to be renamed Wyelands Bank PLC. This is following receipt of approval at the beginning of November for a Change in...
FinanceWealth Management

Gold demand fell in Q3 of 2016

Exchange-Traded Products were the only area of growth IFM Correspondent November 10, 2016: Gold demand fell 10% in Q3 to 992.8 tonnes (t). Exchange-Traded Products were the only area of growth, with inflows of 145.6 tonnes. Bars, coins and jewellery remained very weak: year-to-date consumer demand was down 16%, according to the World Gold Council’s...
FinanceWealth Management

Emirates REIT now world’s largest listed shari’ah compliant REIT

Total assets is $773 million and market capitalisation is $333 million IFM Correspondent November 3, 2016: With a year-on-year increase of 13 per cent in total portfolio value, Emirates REIT (CEIC) Limited, one of UAE’s first regulated shari’ah compliant Real Estate Investment Trusts to be listed on Nasdaq Dubai, is now the largest shari’ah compliant...
FinanceWealth Management

Investment bank sold all its UK assets before Brexit

Carnegie Investment Bank manages $17 billion for clients IFM Correspondent November 2, 2016: Carnegie Investment Bank AB, which manages $17.2 billion for clients, sold all of its UK holdings as opinion polls narrowed ahead of the June vote to exit from the European Union. Chief strategist Henrik Drusebjerg explained that the bank held equities as...