Europe
Portugal-based UK expats miss vital tax change
Many UK expats based in Portugal have retained their trusts, even though the Government introduced a tax of 28% on trust distributions from 1 January 2015.
Lofoton adds ex-Franklin Templeton manager to European fund team
Boutique fund manager Lofoton Asset Management has appointed an ex-Franklin Templeton portfolio manager to its EI Sturdza Strategic Europe Value Fund team.
Amundi launches first dollar FRN ETF in Europe
Amundi has launched the first ETF in Europe offering exposure to US dollar denominated floating rate notes.
Advertorials | 22 May 15
Emerging Markets and Sell in April and go away?
Equity markets are beginning to recover from their April correction with Europe and United States stock markets increasing over May. Historically most market corrections take place from May through to October, while most market upward trends take place during November through to April. Hence the famous market saying, “sell in May and go away”. This year however, May came a little early.
Industry welcomes ‘crucial’ European Capital Markets Union
European financial trade bodies have unanimously welcomed in the European Commission’s green paper on creating a Capital Markets Union, describing it as an opportunity to support the industry’s “sustainable economic growth and long-term financing”.