Net inflows into Europe-domiciled Ucits funds reached 38bn in July, contributing a 4% rise in Ucits and non Ucits assets over the month, according to the European Fund and Asset Management Associatio
HMRC has warned tax evaders they face “much higher penalties” and “full investigation” if they fail to come forward under the New Disclosure Opportunity (NDO), through which fines in most cases will b
A new Islamic investment manager, Fajr Capital, backed by several sovereign wealth funds has launched in Dubai.
Castlestone Management has launched a Dublin-domiciled Ucits III version of its global macro fund, a multi-asset product providing exposure to a range of investments, including hedge funds and commodi
Axa Isle of Man has come under the control of a new strategic unit, Axa Wealth, after a restructuring of the companys UK operations.
Alliance & Leicester International (ALIL) and Bradford & Bingley International (BBIL) have appointed two new directors to their boards, in what appears to be the clearest sign yet that their parent, S
Europeans pay more for their investment funds than US investors do, owing to higher distribution fees and other costs, according to a report by Lipper FMI, the funds research organisation.
A new service aimed at helping investors to better understand the risks involved in the management of their portfolios has been launched by a Jersey-based consultancy, Enhance Investments.
HSBC is to provide local banking services in Post Office branches in five locations on the Isle of Man, the Isle of Man Today website reports.
Threadneedle, the UK fund manager, is to extend its distribution into new Asian and European markets following completion of the restructuring of the World Express Sicav fund range.
Aberdeen Asset Management has established an office in Sao Paulo, Brazil, and is moving its emerging markets equities investment manager, Nick Robinson, there to head it up.
Leeds Building Society has unveiled a new range of euro-denominated savings accounts aimed at Gibraltarians and UK expatriates living in Spain. In the process, it has revealed a way some expats may ob
