Middle East | 24 Oct 16
Abu Dhabi financial centre signs up 160 firms in first year
The Abu Dhabi Global Market (ADGM), the new international financial centre in the capital of the UAE, said it has registered and licensed close to 160 companies from a broad range of industries and sectors in its first year of operations.
Investment | 24 Oct 16
ETF investors cashing in on oil recovery
With November’s planned production cut by the Organisation of Petroleum Exporting Countries (OPEC), global investors have sold down leveraged oil and moved to short the commodity
Tax & Regulation | 24 Oct 16
UK to water down non-dom CGT reforms on offshore trusts
The UK government is considering plans to water down upcoming reforms to the tax rules governing non-UK domiciles whose permanent home is based overseas, due to concerns they may force out Britain’s wealthiest foreigners.
Thailand’s political impasse could impact portfolios
Thai equities have mostly recovered after plunging in the wake of the death of the King, but now the military-appointed government is attempting to navigate official approval of a new constitution and handle the first royal succession in seven decades.
Appeal of real estate trusts for income set to fade
Real estate investment trusts (Reits) may see total returns come off recent highs by the end of 2016, as energy infrastructure and dividend-paying stocks take the lead among equities that provide regular income, said Mark McAllister, senior portfolio manager at Clearbridge Investments, a Legg Mason affiliate.