VAM forms exclusive partnership with Close Brothers
Luxembourg-based VAM Funds has signed a deal with Close Brothers Asset Management (CBAM) to give its non-UK-based advisers the chance to tap into the latter’s discretionary fund management services.
Investment | 22 Jul 15
Aberdeen launches multi-asset income fund
Aberdeen Asset Management has launched a new multi-asset fund with the aim of achieving a high yield over the medium term in a low-rate environment.
ASEAN markets opening for foreign distribution
As China and Hong Kong unlatch the gate for cross-border fund distribution, regulatory changes in markets such as the Philippines and Malaysia are also opening for retail mutual funds, according to Cerulli Associates.
HSBC GAM launches global dividend fund
HSBC Global Asset Management is due to launch Global Equity Dividend Fund on 24 July which will target investments in companies with dividends and the promise of capital appreciation.
United Kingdom | 21 Jul 15
Experts question focus of HMRC offshore tax evasion powers
Experts have criticised HM Revenue & Customs for using scare tactics and having an incorrect focus after the government body announced new “strict liability” powers to tackle offshore tax avoidance last week.