now is not the time for local currency bond funds
Local currency bond fund launches have been “super-fashionable” this year, with fund houses eulogising about the appreciation potential of emerging market currencies. But First State’s head of EM debt Helene Williamson is not such a fan.
montlake signs distribution deal
Ucits platform provider ML Capital has agreed a deal which will see it distribute funds on its Montlake platform into the German and Swiss markets.
em corporate bonds next growth area
The growth of emerging market corporate bonds will make up for any shortfall in sovereign debt issuance as investor demand for EM fixed income develops, according to Helene Williamson head of EM debt at First State.
three jailed for spanish boiler room fraud
Three men have been jailed in the UK for their involvement in a Spain-based boiler room investment fraud.
Tax & Regulation | 22 Nov 11
hmrc launches special tax cheat unit
HM Revenue & Customs has established a new specialist unit targeting those dodging UK taxes by using offshore accounts.