News
Investment | news 11 Jul 17
Volatility will be ‘lower for longer’, says Blackrock
‘Lower for longer’ has become the typical characterisation of central banks’ interest rate policy. But it could also be applied to volatility, believes Blackrock.
Advice firm promoting Ukrainian property fund goes bust
Cumulus Investment Management, a UK investment firm which has previously come under fire for advising clients to invest in a high-risk Ukrainian property scheme, has officially been dissolved.
Maria Sharapova joins advisory board at UBS Wealth
Tennis star Maria Sharapova has joined a new advisory board at UBS Wealth Management in aims of boosting the confidence of female investors.
Offshore Bonds | news 11 Jul 17
OMI to offer DFM-run offshore bond for UK expats in Middle East
Life insurer Old Mutual International has launched an offshore bond aimed at British expats in the Middle East and Africa which can help them return to the UK without incurring the “deemed gain” tax charge on their overseas investments.
Middle East | news 11 Jul 17
Alleged fraudsters in £172m Abu Dhabi car scam deny charges
More than 50 arrested people have denied charges of conducting the biggest scam in Abu Dhabi history, which allegedly swindled more than 2,000 investors out of AED800m (£172m, $218m, €195m).