tobam targets us market with ny
TOBAM, a Paris-based asset manager which bills itself “anti-benchmark”, has opened an office in New York City, and named two Amundi US execs to oversee its expansion, from there, across North America.
TOBAM, a Paris-based asset manager which bills itself “anti-benchmark”, has opened an office in New York City, and named two Amundi US execs to oversee its expansion, from there, across North America.
The number of “ultra wealthy” individuals in Western countries such as the US, France, Germany and the UK has grown faster in the year to the end of June than those in the emerging market, a new report says.
For the last five years, Maseco Wealth has been helping the growing number of American expats who have been caught up in a US crackdown on overseas accounts…
A bipartisan group of US lawmakers has introduced legislation aimed at making it harder for criminals to carry out financial crimes in the US, in part by putting an end to the ability to form corporations without disclosing the identities of those behind them.
New York Governor Andrew Cuomo has introduced a new initiative to encourage individuals who owe significant back taxes to pay their bills by suspending their State driving licences when their past-due tax liability exceeds $10,000.
Aviva Investors is soft closing its US Equity Income Fund in early October in order to protect performance as UK investors have poured money into the vehicle in the past year.
Year to date some $153bn has gone into developed market funds while $1.4bn has come out of emerging market portfolios globally, according to global fund flow data from BofA Merrill Lynch (BofAML).
Chase Belgrave, a Zurich-based wealth manager and financial consultancy, is working with an external trustee to offer high net worth American expatriates a pension plan that is tax efficient from a US perspective.
The number of ex-pat Americans who are formally renouncing their citizenship, though small relative to the total number who live abroad, has risen steeply in response to the increasing costs and hassles associated with being a US citizen abroad.
A Geneva-based group representing Americans living abroad has taken advantage of a US congressional investigation into the Internal Revenue Service to explain how the IRS has taken to targeting Americans living overseas.
The Swiss government said today that it had reached agreement on proposed legislation that would enable the country’s banks to comply with requests by US authorities for information in connection with their tax evasion investigations.
A US senator has introduced a bill to repeal "anti-privacy" provisions of the controversial Foreign Account Tax Compliance Act, arguing that FATCA "infringes upon basic constitutional rights".