Donald Trump
North America | 20 Jan 17
Trump’s treasury pick fails to disclose $100m in assets
Donald Trump’s nominee for treasury secretary, Steven Mnuchin, failed to disclose nearly $100m (£81.3m, €94m) of his assets to the Senate Finance Committee and neglected to mention his role as a director of an investment fund located in the Cayman Islands.
Impax AM sees Asia environmental opportunities
Impax Asset Management can see opportunities in Asia but the lack of clarity on environmental issues from the new US president means a growth outlook for environment-themed investing is difficult, said Ian Simm, Impax Asset Management’s London-based chief executive.
Investment | 16 Jan 17
Challenging short termism among investors
After a year of political surprises, and more bumps in the road to come, Investec Wealth & Investment’s Chris Hill is gearing up his portfolios to take advantage of the inevitable market wobbles.
North America | 13 Jan 17
US fiduciary rule critic Scaramucci named in new Trump role
A leading critic of the Department of Labor’s (DoL) upcoming fiduciary rule, which will require pension advisers to act in the best interests of their clients, putting an end to high-commission investment products, has been named as an assistant to president-elect Donald Trump.
Tax & Regulation | 11 Jan 17
Fatca here to stay as US becomes last global tax haven
The United States will become the last global tax haven as the Common Reporting Standard (CRS) comes into force, making a repeal of Fatca very unlikely, says Nuri Katz, chief executive and founder of Apex Capital Partners.