News
Tax & Regulation | news 27 Feb 17
HMRC rejects film industry tax avoidance criticism
HM Revenue & Customs (HMRC) has rejected criticism over how it has handled the exploitation of tax breaks for the film industry, which Treasury chairman Andrew Tyrie claims has been “financially calamitous” for some investors.
Fixed Income | news 27 Feb 17
Wells Fargo AM launches US high quality credit fund
Wells Fargo Asset Management has launched a US dollar investment grade credit fund, which is part of its Worldwide Luxembourg Ucits fund.
EU gives Spain two months to scrap ‘unfair’ expat fines
The European Commission has given the Spanish government two months to make Modelo 720 penalties fairer following revelations that fines issued for late or inaccurate tax returns can be as high as 150% of the undeclared assets.
Macro Views | news 27 Feb 17
Asia fund professionals bullish on global economy
The global macro economic outlook for the next 12 months is bright, according to a poll conducted by our sister publication Fund Selector Asia.
Harvest Global grows international distribution
Harvest Global Investments (HGI), the international arm China’s Harvest Fund Management, has unveiled a new global distribution network to drive its expansion plans and attract new investors around the world.