The asset manager will target wealth managers, family offices, private banks, IFAs and institutional clients.
The two businesses complement each other well. Henderson Property possesses a strong international asset management platform, including a dedicated SGR platform in Italy, with significant access to the international investor market.
Hedge fund manager Man Group is developing a computer-driven government bond fund, aiming to attract investors put off by the ultra-low yields in many developed fixed income markets and worried about further debt defaults.
Through this relationship Matthews' Asia Dividend, Pacific Tiger (Asia ex-Japan), China, India and China Small Companies Funds are now accessible to Allfunds Bank's large network of clients.
Institutions in the U.K. capital currently have more than 109 billion yuan ($17 billion) of customer and interbank deposits in the Chinese currency and that is “growing strongly,” according to a policy paper by research firm Bourse Consult rel
Net mutual fund flows were also healthy, Jupiter said, as it reported its interim results to investors.
The bank will buy the building on North Wall Quay from the National Asset Management Agency, said the person, who asked not to be identified because the details are private. Anglo
SGSS will provide fiscal services, notably processes relating to applying reduced rates of tax at source and tax exemptions, tax clawbacks, the management of fiscal documents, regulatory reporting for the tax authorities and tax reports for clients.