People Moves | 10 Nov 11
uhnwis control 25trn wealthx study
A pool of almost 186,000 ultra-high net worth individuals account for assets of more than $25trn, according to Wealth-X, a Singapore-based research provider to global institutions.
expats in china brace for new expat tax
China is putting the finishing touches on a new regime for taxing foreign workers as it continues to build its social services infrastructure.
North America | 10 Nov 11
us expats hold uncitizenship event in canada
What is said to have been the first citizenship renunciation meeting ever held in Canada took place at the US consulate in Toronto last month, as some 22 Americans sought to end once and for all the hassle of being a US expat, the Canadian Globe and Mail reported yesterday.
fund redemptions slow slightly in september
Long-term funds in Europe suffered redemptions of 46.2bn in September, as continued market volatility in the month sent investors running scared.
aegon enters arbitration with spanish retail bank
Dutch life insurer Aegon has entered in to arbitration with Spanish retail bank, Caja de Ahorros del Mediterráneo (CAM), in order to exit a partnership with the bank after it failed to make the required business returns in a distribution agreement.