Investment
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).
Investment | 27 Oct 17
Analysis: Fund fees wipe out ‘20% of gross returns’
The European Securities and Markets Authority (Esma) is turning up the heat on asset managers, highlighting the impact of fund charges on returns in a fresh report. Fund fees wipe out an average 20% of gross returns, according to the regulator.
No surprises from Draghi: ECB halves asset purchases to €30bn
The European Central Bank (ECB) will cut the size of its monthly asset purchases in half from January next year, the bank’s president Mario Draghi announced on Thursday. Bond and equity markets, as well as the euro, hardly responded to the announcement.