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IMF, Lebanon strike conditional deal on US$3 billion aid
BEIRUT: The IMF announced Thursday (Apr 7) a conditional agreement to provide Lebanon with US$3 billion in aid to help it emerge from a...
Flexi Group
Apr 8, 20223 min read
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Russian oligarchs unable to make withdrawals in time
According to the CBC's information, they were unable to withdraw deposits from natural or legal persons whose assets had been frozen as a...
Flexi Group
Apr 2, 20222 min read
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Due to Russia's exposure, 41 Luxembourg-domiciled funds have been suspended.
According to Claude Marx, director general of the Commission de Surveillance du Secteur Financier, 41 Luxembourg-domiciled funds have...
Flexi Group
Mar 24, 20221 min read
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European Central Bank instructed to scrutinize all transactions involving Russian and Belarusian
The European Central Bank's (ECB) supervisors have directed some EU banks to scrutinize all transactions involving Russian and Belarusian...
Flexi Group
Mar 18, 20221 min read
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For the first time, Guernsey funds surpass £300 billion
For the first time, the net asset value (NAV) of Guernsey funds has surpassed £300 billion. According to the Guernsey Financial Services...
Flexi Group
Mar 14, 20222 min read
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Argentina secures a $45 billion debt settlement with the International Monetary Fund
IMF and Argentina have agreed to a $45bn deal to restructure debt from the country's historic 2018 bailout, just weeks before a deadline...
Flexi Group
Mar 4, 20221 min read
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Suspension of Russia-related funds by JP Morgan AM
In the wake of the ongoing conflict in Ukraine, JP Morgan Asset Management has halted trading in three funds. JPMAM confirmed to...
Flexi Group
Mar 1, 20221 min read
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Sanlam launches fund targeting AI in Asia Pacific
An UCITS-compliant fund has been launched by Sanlam Investments, which will invest in companies that have the potential to "harness the...
Flexi Group
Feb 15, 20221 min read
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According to Fitch Ratings, the growth rate of Islamic funds is outpacing the overall market
According to Fitch Ratings, the growth rate of Islamic funds' assets has outpaced that of the broader mutual fund industry. According to...
Flexi Group
Feb 10, 20222 min read
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Mediolanum announces the creation of a circular economy fund
Mediolanum International Funds has launched a fund that will invest in companies that help the world transition to a circular economy....
Flexi Group
Feb 10, 20221 min read
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Fidelity International has announced the launch of a sustainable China fund.
Fidelity International has announced the launch of a sustainable China fund. As part of its Sustainable Family of Funds, Fidelity...
Flexi Group
Feb 4, 20221 min read
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In a regulatory first for Guernsey, a medicinal cannabis and psychedelics fund has launched.
Leafy Tunnel, an early-stage venture capital firm, has launched the first regulated medicinal cannabis and psychedelics fund in Guernsey....
Flexi Group
Feb 1, 20222 min read
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Collision of offshore trusts holding carried interest is 'full of misunderstandings'
The taxation of non-domiciled individuals and offshore trusts is a deeply complex area that is traditionally the preserve of private...
Flexi Group
Jan 20, 20226 min read
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A SICAV fund has been fined for investing "millions without robust controls."
Southern Cross SICAV, a Maltese investment fund, was fined €303,710 for "failures" in its anti-money laundering obligations, according to...
Flexi Group
Jan 16, 20222 min read
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Mifid discretionary license granted to Aisa International
The European advice network OpesFidelio of Prague-based Aisa International has received formal notification from the Czech regulator that...
Flexi Group
Jan 13, 20222 min read
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47 million euro to protect IP of EU SMEs in the green COVID recovery
On Monday, the European Commission and the EU Intellectual Property Office announced the new EU SME Fund, which will provide vouchers to...
Flexi Group
Jan 13, 20222 min read
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Japanese firm launches crypto asset fund
Tokyo-based financial services company SBI Group has launched a crypto asset fund comprising seven different cryptocurrencies. According...
Flexi Group
Jan 3, 20221 min read
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Cyprus roundtable: On the fast track to becoming a major cross-border hub
In just a few years, the island has rapidly grown as a centre of excellence for the fund and asset management industry, according to a...
Flexi Group
Jan 3, 20223 min read
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