siddle made manager of fidelitys flagship
Matt Siddle has been appointed lead manager of the Fidelity European Growth Fund, as former manager Alexander Scurlock is relocated to a new role within the investment team.
Matt Siddle has been appointed lead manager of the Fidelity European Growth Fund, as former manager Alexander Scurlock is relocated to a new role within the investment team.
Representatives from non-US financial institutions have called on the US to postpone implementation of FATCA, the package of regulations aimed at cracking down on tax evasion by US citizens who make use of non-US bank accounts and other financial instruments.
The onshore offering of five BNY Mellon funds last year “has not really worked”, according to Scott Goodsir managing director of UK Wholesale at the firm, who said advisers’ traditional prejudice towards offshore funds was to blame.
Four of HM Revenue & Customs top five civil servants are set to leave the organisation this summer, according to the Financial Times
HSBC Private Bank is to close its Jersey office, amalgamating its Channel Island operations into its Guernsey branch.
The four Channel Islands Chambers of Commerce have met for the first time, in what Julian Winser, president of the Guernsey Chamber of Commerce, said was expected to become a regular event.
The Dubai Financial Services Authority has entered into a supplementary agreement on co-operation with the China Banking Regulatory Commission.
Carmignac Gestion, the Paris-based investment boutique, has opened an office in London, as part of a strategy announced last year of expanding into the UK.
International advisory firm, AES International, has introduced a team of oil and gas industry specialists servicing clients working in these sectors around the world.
The UKs Financial Services Authority has fined Swiss private bank Habib Bank AG Zurich more than half a million pounds and its money laundering reporting officer a further £17,500 for anti-money laundering control failings.
The Retail Distribution Review aims to help consumers, but may lead to a shortfall in the number of financial advisers. Phil Oxenham, marketing manager at Skandia International, discusses recent developments and considers the Review in detail.
US-based Vanguard has gained approval from the Central Bank of Ireland to list five exchange-traded funds in Dublin, but is still awaiting final confirmation from UK regulators for the same suite of products.