News
Macro Views | news 16 Feb 16
Cash balances hit 15-year high as investors turn cautious
Investors are turning more cautious in the face of the turmoil in the financial markets this year, according to the latest Bank of America Merrill Lynch (BAML) Fund Manager Survey, with average cash balances up at their highest weighting since November 2001.
Irish Revenue offers new guide on tax arrangements
The Irish Revenue has added a new section to its website offering guidance on tax avoidance arrangements as well as information on the tools available to tackle would-be tax dodgers, Tax-News.com has reported.
Tax & Regulation | news 16 Feb 16
Pensions still most tax efficient savings option
Despite forthcoming changes to the UK’s tax system, pensions will remain the most efficient form of savings, according to a study from the Institute for Fiscal Studies (IFS).
People Moves | news 16 Feb 16
PEOPLE MOVES: Nikko AM, Generali Worldwide, Zurich UK Life…
Nikko AM has named a new EMEA head; while Generali Worldwide, after losing its chief executive to Zurich, has poached a new sales manager for the firm’s Singapore branch. Zurich UK Life appointed a new CFO and RBS Group named JP Morgan Chase’s former head of wealth management in Asia as the new chief executive of Coutts & Co and Adam & Co.
Investment | news 16 Feb 16
RL360 adds 28 new funds and six fund groups
Regionally focused small and mid-cap equity funds have filled a gap in the armour of RL360° following its recent annual review of four of its main investment vehicles.