Asset management sector well positioned
Assets under management in the UK wealth and asset management sectors are expected to rise 6.5% per year between 2015 and 2018, EY said in a recent ITEM Club financial services forecast.
North America | 5 Feb 15
FATCA goes live in Jersey
Financial institutions in Jersey can now register clients with the US, as the Foreign Account Tax Compliance Act (FATCA) goes live in the jurisdiction.
Dull US stocks set to shine Hermes
Low quality stocks have led the recovery in the US so far, with QE contributing to excess liquidity, however higher quality although perhaps “unglamorous stocks” will see a resurgence according to Hermes’ Mark Sherlock.
GAM targets Indian equities with outsourced fund
In a bid to take advantage of the continued investor interest in India, GAM has launched a new equity fund.
Withers forms Singapore partnership
Withers has formed a partnership with a leading Singapore law firm as it looks to increase its revenue in Asia.