Risk of China currency intervention growing, Heartwood says
China’s currency depreciation trend playing out in 2016 looks set to continue, according to Jade Fu, investment manager at Heartwood Investment Management.
Costs seen as top reason for ETF use, but income attractive
British professional investors are increasingly drawn in by the cost efficiency, liquidity and income earning potential of ETFs and ETPs, a study commissioned by Source UK Services found.
Tax & Regulation | 31 May 16
HMRC issues U-turn on hundreds of APNs after judicial review
HM Revenue & Customs (HMRC) has withdrawn hundreds of accelerated payment notices (APNs) it issued to taxpayers after a court found it had no right to pursue individuals under the employee benefit trust (EBT) arrangements.
Zurich’s former boss Martin Senn commits suicide
Martin Senn, the former chief executive of Zurich Insurance Group who only stepped down in December, has killed himself, the company said.
Investment | 31 May 16
Alliance Trust shares climb as merger talks revealed
Scottish-based investment firm Alliance Trust has announced it has entered talks with RIT Capital Partners on a merger of the two companies.