has the irs gone fishing
Geoff Cook explains the irony in an accompanying statement from US on its decision to extended a FATCA deadline for six months.
Author: International Adviser
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brandeaux estimates 2bn of student accommodation
The managers of the Brandeaux range of funds have revealed there are around £2bn of privately built student accommodation properties either already for sale or about to be on the market in the UK.
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investment boutique looks to gulf
A recently established London-headquartered investment boutique has revealed plans to build working partnerships with IFAs based in the Middle East.
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relief as us delays fatca deadline
The US has given non-US financial institutions around the world another six months to prepare to comply with FATCA, pushing the deadline back to 1 July, 2014.
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american schoolteacher takes on hks ilas
What began as an arguably unnecessary savings product sold to a 27-year-old kindergarten teacher last year has become a growing public relations nightmare for one of Hong Kong’s largest advisory firms, after the teacher’s boyfriend decided to get involved.
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lmim trustee runs up a874000 bill in eight weeks
The trustee of a fund managed by failed Australian asset management company LM Investment Management ran up costs of three-quarters of a million dollars in the nearly eight weeks following its appointment, according to a recent investor update.
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swiss national bank chooses singapore
The Swiss National Bank has chosen Singapore as the location for its first overseas branch, and opened an office there earlier this week.
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old mutual considers fund cull
Old Mutual has stopped inflows into six offshore funds ahead of their potential closure following a review of underperforming products.
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first names group promotes hepburn
Global trust, funds and corporate service provider, First Names Group has announced the appointment of Gary Hepburn as managing director of its Isle of Man trust and corporate business.
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reg legal duo and ifa entrepreneur
Two partners in the West Midlands-based law firm that has been representing investors caught up in the collapse of the Harlequin overseas property business have launched a new venture with a seasoned UK financial adviser, which aims to give selected “partner” IFA firms seamless access to specialist legal services.
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life companies reveal brandeaux fears never
Two life insurance companies have revealed they stopped investment into Brandeaux funds as far back, in one case, as 2008.
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funding shortfall closes some options for
The trustee of the suspended LM Managed Performance Fund has warned investors that two options, which would have likely offered the best return to investors, are currently not feasible due to a lack of funding.