March

RBC bolsters UK wealth team 09 March 2010

RBC Wealth Management has made a senior appointment to its London-based UK onshore business

Economic stabilisation on OMFIF agenda 08 March 2010

Ways of promoting world economic stability through more cohesive financial market regulation were discussed by central banks and sovereign wealth funds at the Inaugural Meeting of the Official Monetary and Financial Institutions Forum (OMFIF).

Finance Unlimited names CEO 08 March 2010

Finance Unlimited, Citadel Capital's platform company in the regional financial services industry, has named a new CEO.

Hedge fund index down 1.2% in January 03 March 2010

Hedge Funds suffered a slump in January according to a report released by Morningstar.

Credit Suisse names Southeast Asia bank head 02 March 2010

Credit Suisse today named a new director and head of Investment Solutions for Southeast Asia and Australasia for its Private Banking division.

J.P. Morgan unveils Brazilian trust 02 March 2010

J.P. Morgan is to launch an investment trust focusing on Brazil.

February

CalPERS to cut private equity managers 25 February 2010

The California Public Employees’ Retirement System (CalPERS) is looking to reduce the buyout firms it invests in.

Canadian hedge funds perform well 22 February 2010

The Scotia Capital Canadian Hedge Fund Performance Index outperformed global equities and broader hedge fund indices both on an asset and equal weighted basis in January.

MLC awards eight debt mandates 22 February 2010

MLC, an Australian wealth manager, has ended its contract with two US fund managers, Bridgewater and BlackRock

Study shows hedge fund and equity market link 22 February 2010

Hennessee Group recently conducted a study examining the correlation between the breadth of equity market moves and the performance of long/short equity hedge funds relative to traditional indices.

Standard Chartered expands India presence 18 February 2010

Standard Chartered Private Bank plans to open offices in two new Indian cities this year, and to double the number of its relationship managers in the country

Carne makes Middle East hires 17 February 2010

Carne Global Financial Services, has appointed Penry Jackson as Managing Director and Alison Magrath as Director of Compliance Services

Head of Pictet steps down 05 February 2010

Ivan Pictet, senior managing partner of Pictet & Cie, will be stepping down with effect from 30th June 2010

January

Islamic finance sector takes a breather 28 January 2010

The Islamic Finance report from International Financial Services London (IFSL) notes that the Islamic finance sector is feeling the influence of the downturn

Barclays Wealth appoints new head 21 January 2010

Barclays Wealth has hired a new head of its Barclays Wealth Funds Limited.