News
Tax & Regulation | news 17 Aug 15
UK Gov’t lowers wealth sights for tax investigations
The UK government is targeting more individuals in the £10m to £20m wealth bracket for tax non-compliance investigation, according to accountancy firm Crowe Clark Whitehill.
Castlestone launches EM equity high yield and premium income fund
Castlestone Management has launched an equity high yield and premium income fund which will target dividend income and premium income through a variety of emerging market stocks.
People Moves | news 17 Aug 15
Manulife AM appoints product development boss for Asia wealth
Manulife Asset Management has hired Fidelity’s Asia head of retail for its wealth and asset management arm to boost its distribution platform in Asia.
Fixed Income | news 17 Aug 15
Slumping commodities requires high yield rethink – Lundie
A combination of sovereign-related and company specific credit downgrades in the resources sector has seen a dramatic change in the make-up of the global high yield credit market said Fraser Lundie, co-head of credit at Hermes.
Middle East | news 17 Aug 15
Mashreq Capital welcomes Moody’s upgrade
Mashreq Capital, the asset management arm of UAE-bank Mashreq, said its strong investment performance and significant growth in assets under management was behind its recent upgrade by Moody’s Investors Service.