Regions
Allan Gray family transfers control of business to charity
Allan Gray, founder of the South African-based investment management firm which carries his name, and his family have moved their controlling stakes in the Orbis and Allan Gray groups into a new charitable foundation.
Fund Manager Profile: Chinese whispers
As Matthews Asia launches an Asia ex Japan Dividend Fund, chief investment officer and portfolio manager Robert Horrocks dispels headline fears over the future of economic growth in China.
Jersey and Guernsey removed from Italian blacklist
Jersey and Guernsey will no longer appear on Italy’s tax blacklist, after the Italian parliament revised provisions in the country’s tax code relating to blacklists on corporate taxation and controlled foreign companies (CFC) rules.
People Moves | 7 Jan 16
Hunt for new FCA chief wide open as acting CEO withdraws
The acting head of the Financial Conduct Authority (FCA), Tracey McDermott, has ruled herself out of taking on the job full-time, according to UK chancellor George Osborne.
Beechwood acquires Old Mutual Bermuda
Beechwood Bermuda, a provider of international investment plans, has completed its acquisition of Old Mutual (Bermuda), which had insurance and investment products with over $1bn in assets.