India
Standard Life posts rise in offshore bonds, expands in India
Standard Life has reported a small rise in assets held in offshore bonds on its wrap platform as part of its strong set of half year results for 2016, which also included details of the company’s expansion into India’s private pension market.
India takes big step forward on reforms, says Mirae
The passage of the Goods and Services Tax bill in India last week will simplify a complex tax code, boost consumer spending and enhance productivity – giving equities a tailwind, according to Mirae Asset Global Investments.
India imposes first CGT on Mauritian inflows in 30 years
The Indian government is set to impose a capital gains tax (CGT) on investments coming from Mauritius in bid to tackle tax evasion.
Emerging Markets | 5 May 16
Reliance Capital targets UK DFMs with Indian Ucits fund
Cohesion Investments has partnered with Indian asset manager Reliance Capital to launch the India Equities Portfolio Fund.
Deutsche AM revenue down 12%, Wealth down 8%
Deutsche Asset Management reported a net revenue decrease of 12% in the first quarter, dropping to €736m (£571.2m, $832.4m) from €840m in 1Q15.