Managers of Wealth Offshore

Can Brics rival the G7?

When Dilma Rousseff, Dmitry Medvedev, Manmohan Singh, Hu Jintao and Jacob Zuma gather for the fourth Brics summit in Delhi on 29 March, can they go beyond the statements of their past meetings?

Canada To Allow Wealth Funds To Invest In Its Financial Institutions

The Canadian government said Thursday it plans to introduce legislation to allow foreign and domestic sovereign-wealth funds to invest in Canadian financial institutions

China's sovereign wealth fund eyes investments in Ireland

A subsidiary of China's sovereign wealth fund yesterday signed a memorandum of understanding with Dublin's debt agency to explore investment opportunities in Ireland, but gave little detail on what it might be interested in.

Deutsche Bank recognized as Best Islamic Trustee / Custodian by Islamic Finance News

The Islamic Finance News 2011 Best Banks Poll takes an unbiased and all-encompassing approach in selecting the best banks in the world.

China wealth fund nears buying assets in Poland

Warsaw, looking for buyers for state assets, has recently reached out to Chinese players to bring funds to Poland, giving the Asian giant an opportunity to test the investment waters in the real economy in Europe.

Is China broadening its interest into white wine?

Figures from Vinexpo and seen by The Drinks Business, show that by 2015 white wine consumption in China could grow by a further 70 per cent.

Asia CEOs Look to Europe for Takeovers: Citi

The number of deals the New York-based bank is working on involving Asian companies has jumped about 25 percent from a year ago, driven by clients seeking opportunities in Europe, Latin America, Africa and Canada, said Colin Banfield, Citigroup’s h

Qatar’s Sovereign Wealth Fund Buys Credit Suisse’s London Office Building

The Daily Telegraph reported last month that the sale-and- leaseback deal was valued at about 330 million pounds ($523 million). The newspaper didn’t cite anyone.

Abu Dhabi fund eyes sale of $1.3 bln Malaysia bank stake - sources

The fund had engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC), they said.

Swiss Private Bank Charged in U.S. With Aiding Tax Evasion

The indictment follows charges filed Jan. 3 against three Wegelin bankers accused of conspiring to help U.S. clients hide more than $1.2 billion in assets from American tax authorities. Wegelin announced on Jan. 27 that it agreed to a sale to Switzerland&

Dubai abandons $10bn debt restructuring

Dubai's government has walked away from the $10bn (£6.3bn) debt restructuring of one of its biggest conglomerates, leaving creditors, including the Royal Bank of Scotland (RBS), with exposure to potentially big losses.

Qatar wealth fund snaps up prime Canary Wharf property

The wealth fund is Credit Suisse’s second biggest shareholder, with a six percent stake.

Enter the ‘Emperor of Indonesia’

On Saturday morning, at a Kuala Lumpur hotel coffee house together with two of Kamal's aides, I waited for the so-called trillionaire.

Murphy Expects China to Lead Emerging Markets' Gains

Thomas Murphy, managing partner at Family Office Research & Management Ltd. in Sydney, a private wealth-management firm, talks about global stocks and his investment strategy. Murphy also discusses President Barack Obama's State of the Union addr

Azerbaijan develops Islamic financing

Islamic financing is one of the fastest growing segments of the global financial services industry worldwide.

The China Ripples – Emerging Asia Beckons

As much of the West continues to struggle with the lingering fallout of the Global Financial Crisis, and with low growth rates expected everywhere across the United States and most of Europe, getting growth back into multinational companies not already ex

BRIC billionaires 'up by a third since 2007'

Overall, the report found that the total number of billionaires around the world has increased from 1,100 in 2007 to 1,340 today.

Saudi Hollandi Quarterly Net Climbs 2.7%, Misses Estimates

Saudi Hollandi’s profit gained “because of a decrease in operating expenses,” the bank said in the statement. Fourth- quarter operating profit rose 4.1 percent to 504 million riyals.

HSBC Expat survey result elates Palace

Earlier, the 2012 Index of Economic Freedom, published by The Wall Street Journal and The Heritage Foundation gave the Philippines a 57.1 score for economic freedom, making its economy the 107th freest in the 2012 Index. The score is 0.9 point higher than

US may overtake China's rich in Rolls Royce race

The 107-year old brand, known for its Phantom and Ghost models, remains focused on China after selling more than 1,000 cars there last year, helping the mainland cruise past the U.S. for the first time in the brand's history.

Legal