United Kingdom
Fixed Income | 1 Jul 16
Booze and tobacco boost post-Brexit UK bond market
The success of Brown-Forman’s and British American Tobacco’s (BAT) sterling bond issuance Thursday proves investors are still jonesing for quality UK bonds, said Chris Bowie, portfolio manager at TwentyFour Asset Management.
Offshore Bonds | 1 Jul 16
Isle of Man cuts probate charges on life assurance policies
The Isle of Man has slashed its probate charges for non-resident applications where the only asset is a life assurance policy issued by one of the island’s insurance companies.
Investment | 1 Jul 16
Gilt yields go negative for first time
Gilt yields have gone negative for the first time in the wake of Mark Carney’s speech on the economy yesterday afternoon.
Investment | 1 Jul 16
UK investment scams cost victims £20,000
Victim of investment scams lose an average of £20,000 ($26,780, €24,115), according to UK consumer champion Citizens Advice.
United Kingdom | 30 Jun 16
Guernsey is a financial services ‘safe haven’, says minister
The island remains a “safe haven” for financial services despite the UK’s decision to leave the European Union, according to Guernsey’s chief minister, deputy Gavin St Pier.