United Kingdom | 11 Mar 13
number of non doms in uk falls as govt accused
The UK has been accused of having an “increasingly hostile tax code” towards high net worth individuals by law firm Pinsent Masons, which said the number of UK registered non-domiciles had fallen by a further 2,000 over the past year.
Middle East | 11 Mar 13
invesco gulf intermediaries say eurozone
Optimism regarding global economic growth prospects has increased in the last year among Gulf intermediaries, but the Eurozone crisis remains a major concern for global financial markets, according to a poll carried out in Dubai last month by Invesco Asset Management.
harlequin gets reprieve from court
The Harlequin property group has won the right to continue doing business, after a court last week rejected an effort by some investors aimed at freezing its assets.
People Moves | 11 Mar 13
hampden smith promoted to new role at manulife
Manulife Financial has promoted its general manager for South East Asia to the newly created position of chief marketing officer, Asia.
five year fee decline in transformed investment
The average management fee gathered by the funds industry has “fallen dramatically” since 2007 due to the cyclical shift to fixed income products and an inclination toward less expensive funds, according to investment research firm Morningstar.