People Moves | 20 Oct 16
PEOPLE MOVES: Brooks Macdonald, Principal, Vanguard
Brooks Macdonald’s co-founder is to step down as chief executive after 25 years, with his replacement coming from HSBC. Principal Global Investors has named a new head of funds distribution for Asia, while Vanguard has also shuffled its Asian operations, with a focus on China.
Best Practice | 20 Oct 16
Portugal’s property levy to ‘benefit’ some expats
An annual property tax proposed last week by the Portuguese government on homes worth over €600,000 (£538,572, $660,108), may be “beneficial” for some of the thousands of British expats settled there, according to two leading tax experts.
European risk and the spectre of a post-Brexit domino effect
Smith & Williamson’s Philip Lawlor talks about how GDP, QE and Brexit have raised the risk profile of Europe and the spectre of a domino effect.
Alternatives | 19 Oct 16
Why is there a lack of good alternative Ucits funds?
Returns from alternative Ucits funds have been disappointing over the past couple of years. But perhaps fund selectors have to blame themselves for this.
South Africa’s Inkunzi launches new robo-adviser app
South Africa’s Inkunzi Wealth Group (IWGSA) has launched a robo-advice tool aimed at the country’s professionals.