Defaqto to award diamonds to AR funds
Independent research company Defaqto’s latest benchmarking system sees its Diamond Ratings now being applied to absolute return funds.
Tax & Regulation | 21 Sep 15
Accelerated payment notices prolong HMRC inquiries, firm says
HM Revenue & Customs has “little incentive” to complete tax investigations after last year’s introduction of accelerated payment notices, a London-based law firm has warned.
United Kingdom | 21 Sep 15
Edmond de Rothschild hires Allianz man Lee to spearhead UK push
Edmond de Rothschild Asset Management has hired Allianz Global Investors sales director Daniel Lee to lead a new push into the UK market.
FCA ban for Catalyst director rejected by Tribunal
The Upper Tribunal has rejected an FCA ban of a Catalyst director relating to the promotion of unlicensed Luxembourg-issued ‘death bonds’.
Investment | 21 Sep 15
Long-term UCITS up €20bn
Heightened investor confidence going into the summer may have caused a pick-up in long-term UCITS fund sales, according to the European Fund and Asset Management Association.