Retail investors dump UK for Europe as election worries rise
UK equity funds saw their largest ever net retail outflow in March, the Investment Association said on Thursday, as investors’ preference for continental Europe continued to grow apace.
Forth Capital unveils expat tax service
Geneva-headquartered financial advisory group Forth Capital has launched an international tax service in London after recruiting former long-standing head of tax at Blevins Franks, Nicole Booth, to lead it.
Luxembourg investors now benefit from China RQFII scheme
Luxembourg’s global investor base can now take advantage of the Grand Duchy’s renminbi qualified foreign institutional investor (RQFII) program, enabling them to directly invest in the Chinese capital market.
ESMA consults on MiFID II
The European Securities and Markets Authority (ESMA) has begun consulting the financial industry on its proposal that adviser standards should be set by individual national authorities under MiFID II.
QFII investors bogged down by burdensome tax filings
International investors are finding the compliance around qualified foreign institutional investor (QFII) licences burdensome as they prepare to file their tax returns before the July deadline.