News

Staff Reporter Towers Watson has appointed two investment consultants and one investment analyst as part of its Australian investment team. Felicity Walsh joins the Sydney office as an investment consultant after working as a senior actuarial consultant with Towers Watson in the UK. Alex Misev has re-joined Towers Watson following a year at Aberdeen Asset Management […]

The Asset Barclays has named Sudeep Sarma as head of research, Asia-Pacific and Bhavtosh Vajpayee as head of equity research, Asia ex-Japan, following the appointment of Jon Scoffin, who will be moving to New York as head of equity research. Sarma will retain his role as global chief operating officer (COO) for research alongside his […]

Staff Reporter Treasury Group has reported a half-yearly net profit of $6.76 million following improved market conditions and strong performance from a number of its boutique funds management companies. This represents an increase of 12 per cent in net profit from the 2013 corresponding period.

Dominic Rushe Credit Suisse used “cloak-and-dagger schemes that belong in a spy novel” to help 22,000 US customers hide billions of dollars from US tax inspectors, top senators said Tuesday as they released their latest report into offshore tax schemes. Senators Carl Levin and John McCain had harsh words for the Justice Department and the […]

Jeanine Prezioso Britain’s Barclays Plc said on Tuesday it has closed its power trading desks in London and New York, joining a string of global investment banks that are paring down their commodity market activities as increased regulations bite. Barclays, a top-five banking player in commodities trading which is in the process of shrinking its […]

The Asset AXA Investment Managers (AXA IM) has appointed Jim Veneau as head of credit Asia and Christy Lee as a portfolio manager within its Asian fixed income team. Both are based in Hong Kong and report to Rob Andrew, head of fixed income Asia. Veneau joins AXA IM from HSBC GAM where he was […]