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North America

US equities: If you can’t beat them, join them

Equities | 5 Sep 16

US equities: If you can’t beat them, join them

European investors have been dismissing US equities as too expensive for a couple of years. But as the S&P 500 continues to outperform other equity markets, appetite for the asset class is again on the rise.

Israel halts Fatca preparation following lawsuit

North America | 2 Sep 16

Israel halts Fatca preparation following lawsuit

An Israeli judge has ordered that the state suspend work on the implementation of America’s foreign account tax compliance act (Fatca), a move welcomed by deVere Group chief executive Nigel Green.

Guernsey

Companies | 1 Sep 16

US bankruptcy court hears of Providence problems

A US bankruptcy court hearing into Providence Financial Investments, the Miami-based parent of Providence Global which was wound up in Guernsey last month, was told by the firm’s chief restructuring officer, who examined the books, that “nothing in this company is working”.

SEC fines 13 US advice firms $2.2m over false ETF claims

Investment | 31 Aug 16

SEC fines 13 US advice firms $2.2m over false ETF claims

Thirteen financial advice firms have been fined a combined $2.2m (£1.7m, €1.9m) by the US Securities and Exchange Commission (SEC) for making false claims in relation to the ill-fated ETF manager F-Squared Investments, which filed for bankruptcy last July.

Axa wins landmark US court case over ‘exorbitant fees’

North America | 30 Aug 16

Axa wins landmark US court case over ‘exorbitant fees’

Axa has won a landmark court case in the US against investors who accused the French insurer of charging excessive fees on variable annuity products.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.