Standard Life Aberdeen powerhouse eyes US market for expansion
A serious push into the US market is a key strategic target for the merged Standard Life and Aberdeen Asset Management group, according to Aberdeen’s global head of distribution.
Tax & Regulation | 24 Apr 17
Five UK Budget proposals at risk from the snap election
British prime minister Theresa May has called a snap election on 8 June, a decision which may have a knock-on effect on some of the new measures announced in the Spring Budget last month. Here’s a list of proposals which could either be rushed through or delayed as the UK prepares to go to the polls.
Markets celebrate Macron victory in French elections
Equity markets have welcomed Emmanuel Macron’s resounding victory in the first round of the French presidential elections. The euro also rallied, while peripheral bond yields collapsed.
Hong Kong’s wealthy missed out on the ‘Trump bump’
Hong Kong’s multi-millionaires failed to adjust their portfolios in time to benefit from strong equity markets after the 2016 US presidential election, a Citi survey revealed.
Middle East | 24 Apr 17
UAE joins global fight against offshore tax evasion
The United Arab Emirates formally signed up to what the OECD calls ‘the most powerful multilateral treaty against offshore tax evasion and avoidance’, on Friday.