News
Top 50 US firms stashing $1.3trn offshore, says Oxfam
The 50 biggest US corporations have more than a trillion dollars hidden offshore, according to a new report published by Oxfam on Thursday.
OMGI launches UK long/short Ucits fund
Old Mutual Global Investors (OMGI) is to launch the Old Mutual UK Specialist Equity Fund on 28 April 2016. Subject to regulatory approval, the Ireland-domiciled fund will be registered for sale in a range of European countries and Singapore.
Celebs face £635m tax bill as Supreme Court rejects appeal
Celebrity investors in a film scheme involving the distribution rights to two Disney films face a combined tax bill worth over £600m ($845m, €754m) after the Supreme Court rejected its final appeal against HM Revenue & Customs (HMRC) over £117m the scheme received in tax relief.
People Moves | news 14 Apr 16
PEOPLE MOVES: Eastspring, Tokio Marine, J. Safra Sarasin
The pace of recruitment is continuing to chug along steadily, with senior changes announced by Eastspring Investments, Tokio Marine, J. Safra Sarasin, and Fiduciary Trust among others.
Tilney Bestinvest launches one-off advice service
Tilney Bestinvest is launching a new “one-off advice service” designed to serve clients who require advice on investing a single lump sum or making a round of portfolio changes.