Tax & Regulation | 15 Sep 15
CIMA petitions to wind up Belvedere-owned Brighton SPC
A petition has been issued by the Cayman Islands’ financial watchdog to wind up one of Belvedere Management Group’s troubled investment vehicles, Brighton SPC, after it found evidence to suggest its offering was “false since inception”.
Investment | 15 Sep 15
Nikko AM unveils Asia equity UCITS fund
Japan-based fund house Nikko Asset Management has launched a Luxembourg-domiciled Asia equity strategy for European investors as it continues to grow its range of UCITS funds.
BlackRock launches event-driven fund
BlackRock has launched a new event-driven fund in Europe managed by its global head of event-driven equity Mark McKenna and his team of seven.
United Kingdom | 14 Sep 15
ANALYSIS: Nothing to fear from the ‘rise of robo-advice’
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
United Kingdom | 14 Sep 15
UK investor visa applications slide by 82%
The number of individuals applying for a UK investor visa plummeted by around 82% in the second quarter of 2015 compared to the same period last year, Home Office figures reveal.