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News

Berkshire Hathaway SI offers PI cover to Aussie advisers

Products | news 21 Jan 16

Berkshire Hathaway SI offers PI cover to Aussie advisers

Berkshire Hathaway Speciality Insurance (BHSI) has unveiled four new executive and professional products in Australia, with the Professional First Financial Planners Professional Indemnity (PI) Insurance specifically geared towards the financial advice sector.

China drives record EM capital outflows

Emerging Markets | news 20 Jan 16

China drives record EM capital outflows

Net capital outflows from emerging markets reached an all-time high of $735bn (£514bn, €674bn) in 2015, up almost seven-fold compared to 2014, according to a study conducted by the International Institute of Finance (IIF). The bulk of the outflows relate to China.

Former KPMG partner among 10 charged with tax cheating

Tax & Regulation | news 20 Jan 16

Former KPMG partner among 10 charged with tax cheating

The former head of investment advisory for KPMG in the UK, Patrick McCoy, is one of 10 people charged with tax cheating offences who have been ordered to appear at Birmingham Magistrates’ Court next month.

Old Mutual’s Intrinsic reported to be in talks to buy Tenet

Companies | news 20 Jan 16

Old Mutual’s Intrinsic reported to be in talks to buy Tenet

Old Mutual Wealth-owned adviser network Intrinsic is believed to have begun talks to buy Tenet, according to UK media reports.

BlackRock launches first Israeli Ucits ETF

Europe | news 20 Jan 16

BlackRock launches first Israeli Ucits ETF

BlackRock has launched an exchange traded fund for European investors to invest directly in the national Israeli index. It is the first fund to offer direct exposure to the underlying constituents of this index.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.