European Court throws out EEA action group claim against UK Gov’t
A group of investors into a troubled life settlements fund has had its claim against the FCA and the UK Government rejected by the European Court of Human Rights.
Axa IM adds to European credit range
Axa Investment Managers is launching the AXA World Funds Euro Credit Total Return fund, the latest addition to its €8.6bn euro credit range.
Investment | 23 Jul 15
Bond squeeze: The rising risk of policy misstep
Turbulence in bond markets has left bond investors nervous and cash piles high but while more movement is expected, certainty on a few issues could see investors moving back into the market during the second half of the year.
Lloyds shareholders launch court battle over HBOS takeover
Thousands of Lloyds Bank shareholders, including various large investment funds domiciled in the UK, Europe, the US, Canada and Asia, have kick-started a legal battle after it was alleged the bank’s takeover of HBOS was a bad deal for investors.
Tax & Regulation | 23 Jul 15
Tax avoidance ‘sham’ defeated in tribunal by HMRC
HM Revenue & Customs has won a legal battle against a £29m offshore tax avoidance scheme where money was supposed to fund research into brain disorders.