Middle East | 4 Dec 12
advisers say uae change to 100 ownership
Financial advisers specialising in catering for expatriates in the United Arab Emirates say they would welcome a change to laws that currently prevent them from owning more than 49% of the companies they set up and operate there but are not holding their breath.
renaissance offers high yield gem
Renaissance Asset Managers has launched a GEM fund with a high yield mandate for income-hungry investors and designed to be competitive with local equity and global bond markets.
hk based intermediary fined 1 6m over lehman
The Hong Kong branch of a Taiwanese intermediary company has been fined US$1.6m (S$2m, 1.3m) over the sale of Lehman Brothers-backed structured products in 2008.
tideway launches managed account service
Tideway Investment Partners, a London-based specialist global macro and fixed income investment analyst and fund manager, has launched a Jersey-based managed account service aimed at investors looking to investment £1m or more to protect their capital while earning above-inflation returns.
Profiles & Comment | 3 Dec 12
weekly currency update we 30 november 2012
Moneycorp looks at the economic data from the last week, the effect it has had on the major currencies and what is likely to happen in the week ahead.