Brooks Macdonald takes Petrus offshore
Petrus Financial Services will now have access to two of Brooks Macdonald Asset Managements offshore bond compatible portfolio services as part of a newfound strategic alliance.
Petrus Financial Services will now have access to two of Brooks Macdonald Asset Managements offshore bond compatible portfolio services as part of a newfound strategic alliance.
Two former Investec traders have lost a wholly incredible and baseless £6m bonus battle to their former employer.
Its a mantra weve all become accustomed to: equity valuations are not cheap, but nor are they excessively expensive. But are we just setting ourselves up for a fall?
Industry experts have labelled the Government “unrealistic” and “utopian” following recent FCA proposals to charge financial advisers a 30% levy in order to fund the guidance guarantee service announced in this year’s Budget.
HSBC saw a 12% drop in profits throughout the first half of 2014, a loss it attributes to the investment of resources into “heightened and evolving” regulatory expectations.
Last weeks launch by Threadneedle Asset Management of a multi-asset fund in response to the recent pension changes underlines a broader trend that is beginning to emerge.
Property in England and Wales worth £122bn or more is held through companies in offshore tax jurisdictions where ownership is tricky to establish, according to Land Registry data analysed by the Financial Times.
Axa Wealth Internationals funds under management have exceeded £9bn as the international market continues to adjust to regulatory disruptions and evolving attitudes towards platforms.
Pictet Asset Management has launched a new absolute return fund that expands its Total Return fund range.
UK headquartered discretionary fund manager Saltus has begun offering its services to advisers operating outside of the UK.
HM Revenue & Customs has claim its eighth tribunal win over tax avoidance schemes run by NT Advisors, bringing the total amount of UK tax it claims to have protected to £750m.
UBS and Deutsche Bank have become the latest financial institutions to join the so called dark pool probe, initiated last month when Barclays was sued over the operation of its electronic trading division.