OMGI unveils absolute return bond fund for Oxley and co
Old Mutual Global Investors has unveiled the Absolute Return Government Bond Fund for new recruit Russ Oxley and team, targeting cash plus 5% per annum.
Tax & Regulation | 24 Sep 15
Treasury to ‘struggle’ if non-dom consultation waylaid
The UK Treasury accidentally alerted the public to a long-awaited consultation paper on the tax treatment of non-domiciles, despite the document not yet being in the public domain.
Admin Re buys Guardian as UK book grows to 4 million
Admin Re’s acquisition of Guardian Holdings Europe will bolster its book of UK and Ireland closed life policies by 900,000, bringing the total count to over four million.
Middle East | 24 Sep 15
Invesco reveals pronounced change in ME expat behaviour
A big change in investor behaviour among Middle East expats has occurred over the last year, says Andrew Downing, regional sales manager of Invesco Asset Management, in a video interview.
Singapore U-turns on fund passport regime due to unfair tax rule
The Monetary Authority of Singapore said it backed out of a fund passport initiative because the legislation failed to address inequalities in the tax treatment of local and foreign investors.