Sunday, 22nd November 2009

 

Skandia International opens wealth unit in Singapore

Royal Skandia, a division of Skandia International, has opened a branch in Singapore, according to a report in Money Marketing.

The company will market to local high net worth individuals its executive investment bond - an offshore investment product tailored to the Singapore market which provides access to a wide range of collective investment funds, stocks and shares within one portfolio.

The product targets investors with an annual income of S$300,000 (€93,444) or net personal assets of at least S$m.

Tags: Royal Skandia

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

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