Europe
RSA sells Singapore and Hong Kong branches
UK-based insurer, RSA Insurance Group, has finalised a deal to sell its Singapore and Hong Kong operations to a global provider for £130m ($193m, €179m).
Court rules French social taxes unjust
Non-French residents will no longer have to pay social charges on unfurnished rental income or capital gains on French property after the taxes were ruled as “discriminatory” by the European Court of Justice.
Small cap stocks are being grossly
S.W. Mitchell Capital’s Jamie Carter has taken the gross exposure on his SWMC European Small Cap Fund to a record high, as the ‘mad scramble’ towards equities on the Continent opens up a number of long and short opportunities.
Luxembourg on course to offer REITs in 2015
Luxembourg is on track to introduce the regulatory framework to launch Real Estate Investment Trusts (REITs) this year, industry experts predicted after Luxembourg’s Minister of Finance Pierre Gramegna revealed the Government was pushing ahead with the idea.
Alternatives | 25 Mar 15
Concerns for ESG criteria growing says survey
Investors around the world are paying increasing attention to environmental, social and governmental (ESG) factors as a way of delivering good returns within alternative investments, according to new research.