Offshore finance is legitimate and beneficial British leader of the opposition party Jeremy Corbyn and veteran US Senator and former presidential hopeful Bernie Sanders, amongst others, have spoken out publicly in the wake of the leak of more than 13.4 million documents, dubbed the Paradise Papers. But grandstanding politicians are...
This is due to the cost of compliance One of the most wide-ranging and far-reaching pieces of legislation will be enacted into law across the EU in early January 2018 and it will have a massive impact on the asset management industry. Already as asset managers prepare for MiFID II —...
Monarch Airlines was once one of the UK’s biggest holiday airlines, but ceased trading at the beginning of October The collapse of Monarch is ‘a not-to-be-ignored red flag’ for people on the cusp of retirement. Monarch Airlines was once one of the UK’s biggest holiday airlines, but ceased trading at...
The Catalonia independence crisis could put the brakes on Spain’s recent economic progress The chaos in Catalonia in Spain is a wake-up call for global investors. In a highly anticipated speech, the president of the Catalan government, Carles Puigdemont, said Catalans had ‘won their right to become an independent country’...
Cryptocurrencies have been compared to pyramid schemes and economic bubbles, such as housing market bubbles. After the collapse of the global financial system and the series of government bailouts following the sub-prime crisis in 2008, a public cry for innovation in the financial sector led to the birth of the...
Investors include Round Hill Venture Partners LLC and partners from Prestbury Investments LLP Property Innovation Labs (Pi Labs), Europe’s first property tech venture capital firm, has raised $10 million. This new fund, combined with capital from its strategic co-investors, gives London-based Pi Labs $20m of investment firepower making it the...
Right now, the process is largely characterised by manual routines, long settlement cycles and paper driven processes SEB, the Nordic financial services group, and Nasdaq Inc. will test a developed prototype for a mutual fund trading platform based on blockchain technology. The aim is to increase efficiency in the processing...
Robert Jeffree, Chief Investment Officer, Banque Transatlantique will launch the bank’s wealth management offering in the UK in January 2018 Wealthy French people based in London are focusing on their careers, businesses and family matters, and are not overly concerned about Brexit, according to Robert Jeffree, who has been roped...
It has made significant investments in expanding its in-house research capabilities, thereby reducing third-party research costs Barings, one of the world’s leading asset management firms with over $288 billion in assets under management, has announced that it will absorb external investment research costs when the latest expansion of the Markets...
13 new investors joined the 28 angels who provided the initial capital of £6.57 million pre-launch Netwealth Investments Limited (www.netwealth.com), the online discretionary wealth manager launched in May 2016, has completed a second round of capital subscription, raising £10.02 million of new capital. Thirteen new investors joined the 28 angels...