US asset manager acquires Dutch ETF firm
Global asset manager VanEck is to acquire Netherlands-based Think ETF Asset Management, more than trebling the number of Ucits ETFs the New York firm has available in Europe from six to 20.
Rich get richer through tax avoidance, warns charity
Global leaders should do more to crack down on tax avoidance after figures revealed that global wealth rose $9.2trn (£6.6trn, €7.5trn) in the year to June 2017, with $7.6trn going to the top 1% who are not paying their fair share, Oxfam has said.
Convoy set for triple whammy court hearing
Hong Kong’s High Court has ruled that three separate legal cases against beleaguered investment company Convoy Global should be heard together and has set a court date of 6 March.
FCA blasts ‘sleepwalking into another scandal’ accusations
The chief executive of the Financial Conduct Authority has wholly rejected a report from the Work & Pensions Select Committee that said the UK watchdog of “sleepwalking into another mis-selling scandal”.
Globaleye committed to Asia just not HK for now, Searle says
The impact of new regulations and the high cost of operating in Hong Kong prompted international advice firm Globaleye to make the strategic decision last year that its local operation had no “viable future”, says chairman Tim Searle.