EEA secondary share sale delayed
Investors in Guernsey-based EEA Life Settlements Fund have been dealt a further blow in their attempts to sell some, or all, of their shares after the company running the sale offer advised that it needs more time.
Alternatives | 25 Apr 16
BMO Global AM launches new absolute return fund
BMO Global Asset Management has launched the BMO Global Equity Market Neutral Fund.
Middle East | 25 Apr 16
Quilter Cheviot opens marketing office in Dubai
Quilter Cheviot, the London-headquartered discretionary investment manager bought by Old Mutual Wealth in February last year, has opened a representative office in Dubai.
Commodities | 25 Apr 16
Oil ETFs roll out in Hong Kong
South Korean-based Samsung Asset Management and Mirae Asset Global Investments along with China’s CSOP Asset Management are among the firms planning to launch crude oil exchange traded funds (ETFs) in Hong Kong.
Offshore Bonds | 25 Apr 16
HMRC to overhaul 5% tax free allowance on life bonds
The UK tax office plans to overhaul rules governing the part surrender and part assignment of life insurance policies to redress the unfair tax bills which some individuals face if they withdraw money from an investment bond in the wrong way.