New EU succession laws set to impact UK nationals in Europe
New European succession regulations, known as Brussels IV, which come into effect on Monday, will have an impact on both UK residents with property in other EU states and UK expatriates resident in other EU states, says Tony Mudd, divisional director, tax & technical support at St. James’s Place.
Emerging Markets | 16 Aug 15
Report: Emerging markets elevated to high risk
Growing concerns in China and other emerging markets could lead to “a prolonged deceleration” and have a “severe knock-on effect across the EU and the US”, according to the most recent report on risk by the Economist Intelligence Unit.
Fixed Income | 16 Aug 15
Inflation-linked bond flows: up and down with the oil price
As the eurozone has been flirting with deflation this year, appetite for inflation-linked bonds has been understandably lacklustre. However, as the oil price started a surprise ascent in April, interest in the asset class rose accordingly. With the oil price now below $50 again, investors are once again abandoning the asset class.
ESMA proposes reform to EU derivative regulation
The European Securities and Markets Authority (ESMA) has suggested changes to the governance of over-the-counter derivatives markets including a new process for handling regulatory differences between EU states.
Morningstar to launch ESG fund scores in Q4
Morningstar plans to provide environmental, social and governance ratings for both mutual funds and ETFs by the fourth quarter of the year, it said on Thursday.