Investment industry in limbo as HMRC appeals Hargreaves tax win
The UK tax office’s decision to appeal a £15m tax ruling in favour of financial services firm Hargreaves Lansdown has left the investment industry in limbo over discounts provided to investors in funds.
Fixed Income | 15 May 18
Investec launches bond fund for rising interest rates
Investec Asset Management is targeting UK advisers and wealth managers with the launch of an Oeic version of its Global Total Return Credit Sicav, as it seeks to capture outflows from gilts and UK corporate bonds.
Green light for LGIM’s Brexit plans
Legal & General Investment Management (LGIM) has been given the green light for its Brexit plans for European Union clients from the Irish regulator.
Investment | 11 May 18
AllianceBernstein confirms Brexit plans for UK clients
AllianceBernstein has confirmed it has a plan in place to launch an Oeic range for UK clients if Brexit turns sour.
Columbia Threadneedle to move EU client assets ahead of Brexit
Columbia Threadneedle Investments will launch 13 Sicav versions of Oeics ahead of the UK’s exit from the European Union as the asset manager prepares to switch EU-based investors out of its UK-domiciled range into Luxembourg-domiciled alternatives.