India
India imposes first CGT on Mauritian inflows in 30 years
The Indian government is set to impose a capital gains tax (CGT) on investments coming from Mauritius in bid to tackle tax evasion.
Emerging Markets | 5 May 16
Reliance Capital targets UK DFMs with Indian Ucits fund
Cohesion Investments has partnered with Indian asset manager Reliance Capital to launch the India Equities Portfolio Fund.
Deutsche AM revenue down 12%, Wealth down 8%
Deutsche Asset Management reported a net revenue decrease of 12% in the first quarter, dropping to €736m (£571.2m, $832.4m) from €840m in 1Q15.
Middle East | 31 Mar 16
Expats feel most at home in Bahrain
Bahrain topped HSBC’s Expat Explorer survey with two thirds of expats feeling at home within a year of moving.
BMO GAM sees broadening global growth in five-year forecast
The firm believes “lower for longer” will apply to energy prices, inflation and interest rates over the next five years.