Luxembourg

Fourpoints Investment Managers has launched a Sicav out of Luxembourg which will replicate the Fourpoints America Fund.

The Isle of Man has signed two double taxation treaties (DTAs) continuing its programme of developing closer economic and taxation cooperation with other countries.

Luxembourg has bowed to FACTA-style pressure and plans to introduce automatic exchange of information.

Despite continuing economic troubles, the European Fund and Asset Management Association (EFAMA) statistics for UCITS sales in 2012 point to an increase in investor confidence.

Franklin Templeton has launched RDR ready share classes on its Luxembourg-domiciled SICAV range registered for sale in the UK.

New chairman for Manx Insurance Association (MIA) and latest acquisition for Vistra in Luxembourg.

J.P. Morgan Asset Management has delivered Key Investor Information Documents (KIID) for its Luxembourg domiciled UCITS funds ahead of the 1 July 2012 deadline.

Investors in stricken life settlements fund ARM Asset Backed Securities (ARM) are believed to be considering a class action lawsuit against the firm for the recovery of their assets.

Pictet Asset Management, the asset management arm of the Swiss private bank Pictet & Cie, has launched a tactical global asset allocation fund.

The European Fund and Asset Management Association (EFAMA) confirms that investment fund assets managed to withstand the turbulence of the financial markets, according to final quarter statistics.