Icelandic firm launches new crossborder fund

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SWITZERLAND - The Swiss arm of Icelandic financial services firm Kaupthing has launched KBridge, Europe's first crossborder pension vehicle for multinationals.

The Luxembourg-authorised ASSEP (Association d´Epargne Pension) is a defined contribution vehicle aimed at expatriates. According to Bjarni Markússon, managing director of Kaupthing Services the...

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