Investor exodus continues
Asset management houses are slashing budgets, staff numbers and closing, merging or restructuring funds as they struggle to survive the global financial downturn.
Asset management houses are slashing budgets, staff numbers and closing, merging or restructuring funds as they struggle to survive the global financial downturn.
Responsibilities are shifting and advisers can no longer be everything to everyone
China and technology are playing key roles in driving the emerging markets sector from strength to strength, according to the latest data from Morningstar Investment Management.
The European Union is risking “geopolitical angst” and “global tax chaos” if it follows through on its threat to add the US to its list of non-cooperative jurisdictions for tax purposes.
President Obama yesterday signed into law a bill which contains little-publicised elements that are expected to impact non-US financial institutions, funds and collective investment structures.