The asset management industry needs to work more closely with insurance companies over Solvency II requirements, according to a report from the European Fund and Asset Management Association (EFAMA) and KPMG.

The government's attack on the use of offshore vehicles is set to continue following the release of a consultation paper on published by the HM Treasury on 31 May 2012.

The latest World Wealth Report by Capgemini and RBC Wealth Management shows there was a slight increase in the global high net worth population since 2011, particularly in the Asia Pacific region.

A report by J.P. Morgan Asset Management says Japan is now well positioned to take advantage of significant Asian and Pacific trading potential.

European Wealth is looking to establish offices in Geneva and other European locations. At the same time it has appointed Nigel Davies to spearhead it's recently launched liquidity management service.

Lyxor Asset Management (Lyxor) has teamed up with Koris International for a two year partnership offering alternative investment solutions for distribution across continental Europe.

The news that Spain's banks will receive a bail-out of around €100bn to ease pressure on the country's banking sector has been met with mixed reactions from the markets.

International currency specialist HiFX is warning that the initial reaction of relief to the results of the Greek elections will be short-lived.

Geneva-based investment company Alix Capital has upgraded its global financial data management platform, FDM, to offer a more robust and speedier UCITS hedge funds data management and index calculation function to the market.

Skandia International has announced its latest market offering - a "simplified" QROPS arrangements across multiple jurisdictions.