Investment
Reforming Korea is too cheap to ignore
Korea is becoming more appealing to international investors as newly elected government officials in South Korea start to position themselves away from the country’s most powerful families and implement reform to eliminate many prevalent shareholder-unfriendly practices, says Jacob Mitchell, chief investment officer Antipodes Partners and manager of the Antipodes Global Fund – Ucits.
Investment | 30 Oct 17
Hammond’s budget surplus dream in tatters after IFS kick
Philip Hammond needs to admit his promise to eradicate the UK’s budget deficit by the mid-2020s is “no longer sensible”, a report from the Institute of Fiscal Studies (IFS) has said.
Rise of passive continues as global AUM hits $80trn
Passively managed assets continue to eat up a growing a share of total assets under management (AUM) around the world, according to Willis Towers Watson’s Global 500 research.
Investment | 30 Oct 17
Regulation to drive passive boom in 2018
Regulatory change could continue the boom in demand for passive strategies, according to a survey by KPMG and Blackrock.
Guernsey set to cut tax on mansions over £1.5m
Guernsey looks set to make itself more attractive to high net worth expats with the adoption of a tax cut on open market property worth at least £1.5m ($1.98m €1.7m).