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Guernsey funds industry displays 'solidity and stability' in yearly results 11/12/2014
The Guernsey Financial Services Commission (GFSC) has approved 42 new investment funds in both the second and third quarters of this year, bringing the overall total during the 12 months to the end of September 2014 to 140.

Investment company sector reports record breaking 2014 11/12/2014
The investment company sector has ended 2014 in “rude health” according to the Association of Investment Companies’ (AIC) annual review, which has noted a year of record breaking lows in industry discounts and all-time highs in assets.

Jersey funds figures reach five year high 05/12/2014
According to the latest statistics collated by the Jersey Financial Services Commission, the value of Jersey’s funds business has grown to £205 billion, its highest figure since March 2009.

UK funds experience largest ever outflow with loss of £852 million 29/10/2014
UK All Companies funds witnessed their largest ever outflow in September 2014, according to the IMA, with a total of £852 million 'flying' out of the sector over the course of the month.

European listed ETFs and ETPs gained record net new assets in Q3 - research 07/10/2014
Independent research and consultancy firm, ETFGI, has found that exchange traded funds (ETFs) and exchange traded products (ETPs) listed in Europe gathered a record $47.4 billion in net new assets through the end of the third quarter in 2014.

Banque Havilland acquires Liechtenstein private bank 06/10/2014
Banque Havilland S.A. has acquired a majority stake from Banque Pasche Private Banking business in their Liechtenstein subsidiary.

Societe Generale expands private banking offering in Croatia as it sells Asian business 06/10/2014
Splitska Banka, the subsidiary of the Societe Generale group in Croatia, is expanding its private banking offering for top-tier wealth management clients.

Two regional US wealth advisory firms merge 03/10/2014
Independent Cincinnati-based advisory practices Kisker & Associates and Robert Leshner & Associates have integrated practices to form Kisker, Leshner & Associates.

Brewin Dolphin closes Brighton office 02/10/2014
Private client wealth managers Brewin Dolphin has closed its Brighton branch in the latest stage of branch network consolidation plans.

London–based tax efficient investment specialist plans to reach £5bn AUM by 2015 29/09/2014
London-based Octopus Investments (Octopus), a tax efficient investment specialist plans to reach £5 billion of assets under management (AUM) by April 2015.

 
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