News
People Moves | news 5 Apr 16
PEOPLE MOVES: Amundi, Cazenove, Northern Trust…
Amundi subsidiary CPR Asset Management has named a new chief executive, with Cazenove’s new chief investment officer joining from Architas. Northern Trust AM has a new head of Asia Pacific, while the chief executive of newly rebranded Al Hilal is to depart.
Emerging Markets | news 4 Apr 16
Why Venezuela could be best or worst for bond returns
Growing up in Brazil, Claudia Calich got to learn all about hyperinflation and currency devaluations at first hand through her father’s engineering business, based in Porto Alegre in the country’s southern-most state of Rio Grande do Sul on the border of Uruguay and Argentina.
Tax & Regulation | news 4 Apr 16
HMRC crackdown nets big CGT haul
HM Revenue & Customs (HMRC) has collected more than £150m ($213m, €188m) following a crackdown on unpaid capital gains tax (CGT) over the past 12 months.
Just Retirement merges with rival in £1.4bn deal
British annuity providers Just Retirement and Partnership Assurance have completed a £1.4bn ($2bn, €1.8bn) merger which saw it relaunch on the London Stock Exchange Monday as JRP Group.
Julius Baer takes majority stake in Italy’s Kairos IM
Swiss private banking group Julius Baer has acquired an additional 60.1% stake in Milan-based Kairos Investment Management for €276m (£220.9m, $314.3m), taking its total ownership to 80%.