collective investment scheme
BlackRock opens high income/lower risk European strategy
BlackRock has responded to investor demand for high-income and lower-risk opportunities with the unveiling of an alternative European strategy.
Fraudster gang faces jail terms over £4.3m UCIS losses
Eight fraudsters face a combined total of 26 years’ imprisonment after the UK’s Financial Conduct Authority found they lost over £4.3m of investors’ money in their unauthorised collective investment scheme (UCIS).
Net assets in UCITS break through €9trn in March – EFAMA
Net assets in UCITS funds broke through the €9trn (£6.42trn, $9.97trn) mark for the first time in March, according to the latest data from the European Fund and Asset Management Association (EFAMA).
What’s next for overseas investors in UK property?
As of 6 April 2015, non-UK residents will no longer benefit from attractive tax advantages when they invest in the UK residential property market.