blackrock plans closure of four funds
BlackRock has informed investors of a decision to soft-close two onshore European equity funds and their offshore mirrors as the products near their capacity limits.
North America | 5 Sep 13
filling the fatca void
The sizeable advice gap left by large institutions ditching their US clients is an even bigger opportunity, says Guardian WM’s David Howell.
Middle East | 5 Sep 13
Will new UAE fund fees reduce competition?
Regulators in the United Arab Emirates recently announced plans to introduce fees for the distribution of investment funds within the country.
bank deposits and fund navs slip
The total value of bank deposits held in Jersey decreased by around 2.8% in the second quarter, while the total net asset value of funds under administration slid by just under 2%, as sterling weakened and global commodity prices rose.
Tax & Regulation | 5 Sep 13
hmrc introduces alternative route for tax dispute
Individual taxpayers and SMEs will now be able to request to settle a tax dispute with HM Revenue & Customs through an arbitrage process, rather than through tribunal.