People Moves | 10 Jan 12
kestrel expands investment management team
Boutique investment management firm Kestrel Investment Partners has expanded its team with the appointment of Stuart Rollason as a portfolio manager.
Tax & Regulation | 10 Jan 12
irs reopens offshore tax amnesty scheme
The Internal Revenue Service said it has “reopened” its offshore voluntary disclosure programme (OVDP) in what it said was an effort “to help people hiding offshore accounts get current with their taxes”.
irish funds exceed 1trn for first time
The assets of investment funds domiciled in Ireland surpassed the 1trn (£830bn, $1.28trn) mark at the end of November last year, an increase of 40% on the assets held at the end of November 2009.
People Moves | 9 Jan 12
old mutual appoints emerging market head
Skandia parent Old Mutual has appointed Ralph Mupita as chief executive of its emerging market business, following the departure of Kuseni Dlamini to pursue other interests.
sturgeon plans central asian equities fund
Hedge fund manager Sturgeon Capital plans to launch a Ucits-compliant Central Asia Equities Fund, offering investors exposure to such markets as Kazakhstan, Turkmenistan and Georgia.