Investment
KPMG blasts Harlequin boss over investor pay-back plan
The independent trustee of Harlequin Property, the £400m ($509m, €454m) overseas property scheme facing ruin, has blasted the company’s chairman David Ames over how he intends to pay back stricken investors.
Liontrust launches European smaller companies fund
Specialist fund management group Liontrust has launched a European smaller companies fund with the aim of achieving long-term capital growth by investing primarily in pan-European smaller companies.
Emerging Markets | 2 Feb 17
EM countries target offshore wealth with tax amnesties
Bond holders look set to benefit from the tax amnesties offered by some emerging market countries that have realised that substantial wealth resides outside their borders which has never been declared for tax purposes, says Jan Dehn, head of research at Ashmore.
ETF Securities drops Hong Kong asset management licence
UK-based ETF Securities has decided not to renew its asset management licence in Hong Kong, following a number of high-profile delistings in city last year.
Investment | 2 Feb 17
Agnostic investors embracing Shariah products
Agnostic and ethically-minded investors are increasingly turning to Shariah compliant products with asset managers happy to meet demand, says Jad Shams, head of Mena for Mirae Asset.