Investment | 1 Jul 14
booming property fund sales prompt fears
Commercial property funds have achieved their highest monthly net retail sales for nearly five years, prompting concerns that investors may be being complacent about the inherent risks in the asset class.
North America | 1 Jul 14
Exterminating ants with a nuclear bomb
A leading US tax lawyer has compared FATCA to “exterminating ants with a nuclear bomb” as the controversial act’s withholding stage is today launched across the globe.
United Kingdom | 1 Jul 14
Old Mutual completes acquisition of Intrinsic
Old Mutual Wealth has today completed its acquisition of Intrinsic, and will soon make its products available through the financial services network.
United Kingdom | 1 Jul 14
Standard Life completes acquisition of Ignis
Standard Life Investment (SLI) has completed its £390m acquisition of Ignis Asset Management.
BNY Mellon launches ucits fund
BNY Mellon has launched a UCITS absolute return fund with daily liquidity, managed by its Insight Investment boutique.