Profiles & Comment | 21 Aug 15
Perspective on Renminbi devaluation: Neuberger Berman
China’s recent devaluation of the renminbi has created waves in global markets, but appears to be in-line with the government’s long-term goal of internationalizing the currency, says Frank Yao, senior portfolio manager of the Neuberger Berman China Equity Fund.
United Kingdom | 21 Aug 15
UK Government boosts film tax relief
UK chancellor George Osborne has announced a 25% tax credit on all qualifying expenditure across the £1.4bn UK film industry, bringing it in line with TV tax relief.
Swiss-Asia expands to target growth in financial entrepreneurs
Swiss-Asia Financial Services (Swiss-Asia), a Singapore-based independent asset management company, said it plans to expand its operations to meet the rising demand coming from entrepreneurial finance professionals.
New London & Capital fund to capture EM growth
Discretionary wealth manager London & Capital has launched a new emerging markets fund to capture growth opportunities in developing nations.
Many UK retirees seen using pension freedoms to get cash
Research by UK insurer Royal London has found that nearly 70% of savers who have taken advantage of the government’s new pension reforms since April have taken their money in a cash lump sum.