Best Practice | 6 Jun 16
Robo-advice: Are you 0110101 joking?
“Dave, this conversation can serve no purpose anymore. Goodbye.” Those immortal words from Hal, the computer in Stanley Kubrick’s film ‘2001: A Space Odyssey’ had massive ramifications for the spaceship’s crew member and could be a portend (albeit fictional) for the way robo-advice may be taking us.
Brexit-linked volatility to have big impact on Europe funds
A vote by Britain in favour of leaving the European Union at the upcoming referendum on June 23 is likely to increase credit default spreads, dividend yields and volatility across Europe, according to research firm PureGroup.
HMRC revenue from tax on ‘enveloped’ properties soars by 50%
The UK tax office has raised £174m ($255m, €220m) from a tax on British homes owned by companies, latest data from London and Geneva-based law firm Collyer Bristow suggests.
Investec AM expands global equity income strategy to UK
Investec Asset Management has added the Investec Global Quality Equity Income fund to its UK product range.
Close Brothers AM buys Eos
Close Brothers Asset Management has acquired the chartered financial planning firm, Eos Wealth Management, for an undisclosed sum.