United Kingdom
Unregulated New Earth funds facing liquidation
Joint liquidators have been appointed to the New Earth Group of Funds following an application by the Isle of Man Financial Services Authority (IOMFSA). The application was made with the knowledge and consent of the funds’ directors.
Best Practice | 16 Jun 16
Enhance Group launches investment advice service in London
Jersey-based private wealth services firm Enhance Group has launched a new investment consultancy business, located in London, which will provide institutional-style investment advice to high net worth individuals and families.
Macro Views | 16 Jun 16
Brexit betting odds: are they reliable?
Betting odds have emerged as a coveted predictor of the outcome of the UK’s EU referendum on June 23. But are they actually as reliable as some fund managers suggest? Nikko AM has its doubts.
Tax & Regulation | 16 Jun 16
FCA charges five in £2.75m boiler room scam
Five people appeared at London’s Southwark Crown Court on Thursday accused of promoting and selling shares in a company through a succession of boiler room scams.
Qrops specialist Momentum launches free transfer UK Sipp
Malta-based pension specialist Momentum Pensions has launched a self-invested pension product (Sipp), giving the firm’s 5,000 expat clients the option to switch their Qrops, for free, into a Sipp, should they decide to move back to the UK.