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Regions

BoE’s monetary magic isn’t working for investors – Psigma

Macro Views | 19 Aug 16

BoE’s monetary magic isn’t working for investors – Psigma

The Bank of England’s efforts to soothe the post-Brexit economy are discouraging savers from spending and pushing them into riskier investments, warned Psigma chief investment officer Tom Becket.

US Olympic, Paralympic winners may get victory tax reprieve

North America | 19 Aug 16

US Olympic, Paralympic winners may get victory tax reprieve

US athletes could be on track to see their Olympic and Paralympic gold, silver and bronze medals shine more brightly with Congress expected to make tax breaks for winners a ‘top priority’, according to media reports.

UK savers taking ‘unsustainable’ rate of cash from pensions

Retirement | 19 Aug 16

UK savers taking ‘unsustainable’ rate of cash from pensions

Almost half of British savers withdrawing money from their pensions may be doing so at an unsustainable rate, according to analysis by asset manager Schroders.

Asia

Alternatives | 19 Aug 16

Aberdeen to target alternative investments in Asia

Known as an emerging markets specialist, Aberdeen Asset Management has been diversifying into alternatives and intends to push this asset class and multi-asset funds in Asia, said Andrew McCaffery, global head of alternatives and group head of solutions.

Killik & Co confirms Dubai office closure

Companies | 18 Aug 16

Killik & Co confirms Dubai office closure

Wealth planning and investment management firm Killik & Co is to close its Dubai office, its only presence outside the UK, at the end of September and service all its global clients from the company’s London headquarters.

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