News
North America | news 26 Oct 16
Tax hikes expected for the wealthy if Clinton wins
Democratic candidate Hillary Clinton, tipped to be the next president of the US, is expected to introduce a whole raft of new taxes aimed at the nation’s wealthy once she gets into power.
Fixed Income | news 26 Oct 16
Morgan Stanley launches 4-year fixed income Sicav
Morgan Stanley Investment Management (MSIM)has launched a Luxembourg-based Sicav which will invest in a globally diversified range of fixed income securities in order to deliver a stable source of income with a low volatility risk over a short duration of four years.
ETF launches to continue but success rates will fall – EY survey
The exchange-traded fund (ETF) industry fears product saturation is reducing the likelihood of successful product launches, an EY survey has revealed.
Investment | news 26 Oct 16
Around 40% of US advisers back neither presidential candidate
More than 40% of financial advisers in the US believe neither Hillary Clinton nor Donald Trump will have a positive impact on the stock market, the bond market, or the global economy after the new president is announced next month.
Retirement | news 26 Oct 16
HMRC data shows £7.6bn withdrawn since UK pension reforms
Nearly £7.6bn ($9.2bn, €8.5bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by HM Revenue & Customs (HMRC).