Pictet Asset Management has launched a Luxembourg-domiciled UCITS compliant fund, investing in EUR high yield short-dated bonds.

Swiss wealth manager, Altaira, has launched a subsidiary in Bahrain.

A partnership with international back office system providers, Broker Back Office, includes a 20% discount on all fees for FEIFA members.

ING Investment Management has announced the appointment of Patrick Chia as Head of Asian Fixed Income, based in Singapore.

The Professional Adviser International Fund & Product Awards are now open to entries. The deadline is 30 March 2012.

Following the introduction of the streamlined regulatory regime in Jersey at the end of last month, the first fund is now launched investing in European real estate.

The European Fund and Asset Management Association (EFAMA) is calling on the US government to extend its intergovernmental approach beyond the five countries listed in a recent joint statement.

The latest people on the move in international finance.

New powers mean that the DFSA may now appoint inspectors to investigate the affairs of companies and partnerships and to pursue enforcement remedies.

Fund administrator Vistra has announced the opening of its new operation in Hong Kong, Vistra Fund Services Asia.