News
South Africa gets $14bn boost by avoiding junk status
Moody’s decision to not downgrade South Africa to junk status has saved the economy about £14bn in outflows from the local bond market, according to an expert from Morningstar.
Harwood WM makes second acquisition in a week
UK financial planning firm Harwood Wealth Management has made its third IFA acquisition of 2018 by acquiring Fund Management Limited for £1.13m ($1.5m, €1.2m).
UK law change to force transparency on overseas jurisdictions
Cross-party support is mounting in the UK for an anti-money laundering bill which could force the beneficial owners of companies based in the British overseas territories and Crown dependencies to be identified on a public register.
Investment | news 30 Apr 18
Fund managers have lost the ‘magic touch’
The relationship between fund buyers and fund managers has changed over the past decade as risk management has become a more prominent focus, according to pan-European asset management group Candriam.
Tax & Technical | news 30 Apr 18
UK to close Scottish money-laundering loophole
The UK looks set to crack down on a Scottish loophole said to be used to launder billions.