News
Henderson takes on Janus in $320bn merger
London-headquartered independent fund manager Henderson Group is to merge with US fund manager Janus Capital, creating a combined operation with $320bn (£248bn,€285bn) assets under management and a market capitalisation of approximately $6bn.
People Moves | news 3 Oct 16
Provisca hires heavy hitter Middle East director
Provisca, the international distribution business launched in August, has named Richard Williams as its first regional director with a brief to spearhead business relationships in the retail and wholesale Middle East market sectors.
Concerns raised over plans to create Kenyan super regulator
Kenya’s financial services industry has raised concerns over plans announced by the country’s government earlier this year to merge four supervisory authorities in order to create one super regulator.
Canada Life ends fair value adjustment on UK property funds
Canada Life has removed the fair value adjustment on property values in its commercial property funds imposed at the start of the month when it lifted a suspension of redemptions.
Tax & Regulation | news 30 Sep 16
HMRC data sharing deal with Crown dependencies goes live
A new data sharing agreement has officially come into force with the HM Revenue and Customs (HMRC) expected to be handed the details of hundreds of thousands of offshore accounts on Friday as part of a move for wider transparency from the Isle of Man, Jersey, Guernsey and the Cayman Islands.