fca fines sei nearly for client money failings
SEI Investments has been fined £900,200 by the Financial Conduct Authority for client money breaches.
Author: International Adviser
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ignis new offering targets attractive emd returns
Ignis Asset Management has launched an absolute return emerging market debt fund for Dan Beharall.
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bermuda latest uk overseas territory
Bermuda, the UK overseas territory known for its specialist expertise in insurance, has signed a “Model 2 UK FATCA” intergovernmental agreement with the UK.
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expats face tax bill
A Manchester tribunal has ruled that a Cheshire couple who moved to Portugal more than 10 years ago are still classified as UK residents, leaving them liable for a £600,000 tax bill.
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uae ceo roundtable what happened
Straight talk ruled the day at this year’s Gulf Expert Investor Forum Roundtable, with questions focused on consumer trust leading to wider discussions on industry reform in the UAE, with RDR showing the way forward.
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vam launches americas all cap portfolio
VAM Funds has launched an Americas All Cap portfolio with a focus on absolute returns and a bias towards large and mid-cap emerging growth stocks.
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epfr flow of funds mirrors mixed us
Mixed messages from the US Senate and Federal Reserve are reflected in the flow of equity and bond funds, according to EPFR Global’s latest report.
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newsmith am hires from carmignac
NewSmith Asset Management has appointed Matthew Wright as partner and head of UK and European distribution.
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lmim group calls on advisers to stand up
Members of an adviser group seeking to claw back money for investors in the LM Investment Management range of funds, are calling on advisers to stand up and take responsibility for their advice.
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montreux appoints hedge fund pioneer
Montreux Capital Management, manager of the Montreux Care Home Fund and the Montreux Commodity Fund, has appointed hedge fund pioneer Ian Morley as its chairman.
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future ucits growth seen coming from
The global pensions market is expected to account for the largest share of new Ucits fund sales going forward, with the growing alternatives market also key, according to a survey of industry players across Europe, North America and Asia, carried out on behalf of Citi Securities and Fund Services.
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isle of man among 18 countries deemed
The Isle of Man was among only a handful of countries reviewed by the OECD deemed to be compliant with its principles of tax transparency.