Tax & Regulation | 2 May 13
osborne claims significant step forward
UK chancellor George Osborne claims to have a made a “significant step forward in tackling illicit finance”, after the Treasury announced “all British Overseas Territories with significant financial centres” had agreed to sign up to its latest strategy on tax transparency.
People Moves | 2 May 13
ifss beggs takes full time aam advisory role
Kelso Beggs, for many years the chief operations officer of International Financial Services in Singapore, has been appointed head of distribution at AAM Advisory, as the company moves to strengthen its management structure ahead of expansion.
managing partners suspends redemptions
Managing Partners Ltd, a Cayman Islands-registered asset manager, has revealed that it “imposed a redemption gate” on its Traded Policies Fund, becoming the latest traded life policy fund manager to move to limit redemptions.
Profiles & Comment | 1 May 13
beware wise men bearing bail outs
Taxes on private wealth to help fuel bail-outs within the European Union are a reality and must be understood by financial advisers, says Guardian WM’s David Howell.
matthews asia launches complement to gem
Matthews Asia has unveiled a Ucits-compliant version of its smaller companies strategy, available in the US since 2008, billing it as fund to complement investors’ existing large cap exposure to Asia ex-Japan.