News
Investors celebrate mainstream victory in Dutch elections
Markets have welcomed the failure of Dutch far-right leader Wilders to make significant gains in yesterday’s elections. The euro was up by more than 1% against the dollar, and peripheral bond spreads narrowed. Has the populist tide now turned?
Investment | news 16 Mar 17
LSE questions family office role in shielding elite wealth
The rise of “mysterious” family offices and their “shadowy” role in helping ultra-high net worth families protect their wealth “demands scrutiny”, research from the London School of Economics (LSE) has found.
Old Mutual Int’l focuses on ‘select group’ of Swiss-based IFAs
Old Mutual International has confirmed that it has altered its distribution strategy in Switzerland to focus on a more “select group of expat IFAs”, contradicting industry reports that it was pulling out of the market altogether.
Middle East | news 16 Mar 17
UAE minister sets prospective VAT for Gulf at no more than 5%
VAT no higher than 5% will come into force from 1 January 2018 in the UAE and other Gulf States covering most products and services.
Manulife wins wholly foreign-owned enterprise license in China
Manulife Investment (Shanghai) has been granted the wholly foreign-owned enterprise (WFOE) license with a registered capital of RMB 50m ($7.3m), the firm has announced.