EEA investors face more delays selling shares in doomed fund
Investors in the ill-fated EEA Life Settlements Fund have been told they cannot sell their shares in so-called ‘death bonds’ until later in the year as not enough cash has been generated from maturing policies, according to campaign group EEA Investor’s Group (EEIG).
Macro Views | 8 Aug 16
Abu Dhabi maintains strong credit rating despite oil slump
Abu Dhabi has maintained its AA/A-1+ sovereign credit rating as oil prices recover from their record low levels.
Tax & Regulation | 8 Aug 16
Ingenious hits back at HMRC ‘inaccuracies’ in case ruling
The chief executive of film partnership firm Ingenious has attacked HM Revenue & Customs in response to the UK tax office’s ruling on two tax avoidance cases.
Post-Brexit, sustained value seen in Europe stocks
Despite fears triggered by Brexit, Neil Brown, manager of the Alliance Trust Sustainable Future Pan-European Equity Fund, is convinced the next five years in Europe will be better than the past five.
Macro Views | 5 Aug 16
ANALYSIS: Falling discount rates – gain before the pain
The ultra-loose monetary policy pursued by central banks since the financial crisis has implied an unprecedented fall in discount rates, which has led to a massive front-loading of returns: not only for bonds, but also for equities. Does this mean you should take your profit now and sell?