Investment | 25 Sep 15
UBP on China: Sit tight as investor confidence heals
Investors in the China stock market should sit tight and wait for consumer confidence to heal, said the portfolio manager for UBP Asset Management’s China A-share fund.
Tax & Regulation | 24 Sep 15
Treasury to ‘struggle’ if non-dom consultation waylaid
The UK Treasury accidentally alerted the public to a long-awaited consultation paper on the tax treatment of non-domiciles, despite the document not yet being in the public domain.
Singapore U-turns on fund passport regime due to unfair tax rule
The Monetary Authority of Singapore said it backed out of a fund passport initiative because the legislation failed to address inequalities in the tax treatment of local and foreign investors.
Communication toughest challenge for fund managers
European asset managers have said effective communication is their greatest challenge, superseding compliance, competition, and even market volatility.
Investors can opt-in to Singapore safeguards under new rules
Wealthy Singapore investors will be able to choose their own level of regulatory protection when new rules come into force next year.