News
EFG Hermes launches its first Ucits funds
Egypt and Middle East-based investment bank EFG Hermes has launched its first Ucits funds, one of which sees its debut into frontier markets.
Most HNWs to invest more in 2016, says deVere
Three-quarters of high-net-worth (HNW) individuals plan to increase contributions to their investment portfolios in the first half of 2016, according to a poll by the deVere Group.
Macro Views | news 4 Feb 16
BoE unanimously holds rates, cuts growth outlook
In an unexpected move, the Bank of England’s (BoE) entire nine-member rate setting committee voted to hold interest rates at 0.5%, and cut its GDP growth forecast.
Tax avoidance claims management firm Rebus in administration
Crowdfunded claims management company Rebus, which specialised in pursuing companies for mis-selling investments later deemed to be tax-avoidance schemes, has entered administration.
Credit Suisse slumps after big 2015 net loss
Shares in Credit Suisse fell nearly 12% on Thursday after the bank reported worse-than-expected 2015 results, which included hefty net asset outflows in the final quarter.