Europe
stone simmonds acquire blevins franks
William Blevins and David Franks, founders of the international Blevins Franks financial advisory group, have sold their stakes in the business to a group of investors that includes key employees in the business as well as Lombard International founder John Stone, and Bluefin Advisory founder John Simmonds.
feifa to launch consumer website
The Federation of European Independent Financial Advisers is to launch a consumer-focused website, aimed providing a forum through which the organisation and its members expect to interact with and be found by expat British investors.
chinese buyers boosting property sales in cyprus
The Cyprus residential property market is reported to be getting a boost from the Far East, as interest from Chinese buyers looking to purchase top end luxury properties in Paphos is increasing, the Cyprus Property News is reporting.
european investors turn on backs on equity
According to Morningstar’s latest fund flow research, European investors heavily sold out of equities in favour of fixed income funds during the second quarter of the year.
dfms contemplate surprise vat ruling
European discretionary fund managers today were mulling how, if at all, to alter their charging structures in the wake of yesterdays European Court of Justice ruling that obliges them to add VAT to their bills.