News
North America | news 9 Feb 16
US expats should keep citizenship despite FATCA, says deVere
American expats should not renounce their citizenship because of FATCA without considering all of their options, according to Nigel Green, chief executive and founder of deVere Group.
Tax & Regulation | news 9 Feb 16
FCA fines ex-JP Morgan boss over ‘London Whale’ trades
Achilles Macris has been fined £792,900 by the Financial Conduct Authority for his role in the so-called ‘London Whale’ trades.
Fed rate hikes will drive down long-term returns – Credit Suisse
Credit Suisse has released a report which forecasts real equity returns will be limited to 4-6% over the next ten years and real bond returns will be close to zero.
Alternatives | news 9 Feb 16
Prestige launches new fund targeting IHT relief
Prestige Asset Distribution, part of the Prestige Asset Management group, has launched a new product which utilises Business Property Relief (BPR) available under the UK tax system to mitigate the impact of inheritance tax.
People Moves | news 9 Feb 16
PEOPLE MOVES: SLI, Nikko AM, Hargreaves Lansdown
SLI has created a new role focusing on environment, social, and governance investment. Nikko AM added to their global emerging markets team, while Hargreaves Lansdown announced a surprise departure.