european commission unveils aifmd
The European Commission has published what is said to be the final text of how the long-debated Alternative Investment Fund Managers’ Directive is to be implemented, and sparked an immediate response from Europe’s fund management industry.
julius baer sets date for management realignment
Julius Baer said it is expediting changes it plans to make to top management as part of its purchase of the non-US business of Merrill Lynch from Bank of America.
more changes in invesco perpetual
Invesco Perpetual’s CIO Nick Mustoe is to take over the interim running of the group’s Global Equity Income Fund after the departure of co-managers Paul Boyne and Doug McGraw.
wells fargo am buys stake in fund of hedge funds
Wells Fargo Asset Management, part of the US-headquartered bank, has bought a minority ownership stake in Washington D.C. based fund of hedge funds manager The Rock Creek Group.
United Kingdom | 19 Dec 12
hmrc publishes package of fatca docs
HM Revenue & Customs has quietly, and at last, published three major and eagerly-awaited documents pertaining to the pending introduction of the American tax regulations known as FATCA.