US President Barack Obama has announced plans to update the rules for financial advisers on Wall Street in a bid to crackdown on hidden fees and back-door payments that mean clients may not get the best retirement investment advice.
DeVere has forecast a 25% growth in business and a 50% increase in advisers in the coming year as it looks to become the British equivalent of Bank of America Merrill Lynch.
Low quality stocks have led the recovery in the US so far, with QE contributing to excess liquidity, however higher quality although perhaps “unglamorous stocks” will see a resurgence according to Hermes’ Mark Sherlock.
The ARIA Investment Platform has launched a range of portfolio strategies on its investment platform aimed at US Investors caught by increasingly tough legislation.
Coram Asset Management has finalised the details of its three flagship funds as the firm kicks off its 2015 expansion drive
Morgan Stanley has fired one of its New York-based financial advisers after data from 900 of its clients was stolen and leaked on the internet.
Sarasin Asset Management’s John Soler takes a global, thematic view on managing the needs of his US expat clients
The mayor of Londons’ refusal to comply with the Foreign Account Tax Compliance Act (FATCA) by paying his American taxes has been labelled noble by Nigel Green, chief executive at deVere.
Friends Provident International (FPI) will be rolling out a new strategy targeting UK, US and Australian expats in February.
London & Capital has urged Americans living in the UK to begin preparing for complex tax planning issues as the US approaches the end of its tax year.
New York is the world’s number one centre for finance, according to a survey of 300 financial services professionals.
The UCITS-qualified Equity Income and SmallCap Dividend funds became active on 14 November and will give investors access to smart beta and emerging markets
