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Austrian fund selectors tend to be conservative and prefer the tried and tested to flashy presentations and detailed rather than over-frequent reporting, according to a survey by Incisive Strategy Research & Consulting.
2012 will be a difficult year for Portugal and the Portuguese asset management industry which will face rising competition fort scarce resources and an uncertain global environment.
It has not been a good year for Spain and the country’s fund managers and 2012 looks equally challenging with developments depending on factors outside the authorities’ control and on the new government’s ability to implement reforms and restore investor...
The International Monetary Fund’s fifth review of Greece’s rescue programme marks a welcome shift in the institution’s approach to the Greek crisis, but its suggestion to rewrite Greek law to make restructuring easier is “unprecedented and alarming,”...
The UK financial services sector contributed an estimated £63bn in UK government taxes in the 2010/11 financial year, accounting for 12.1% of total UK tax revenue, according to a report for the City of London Corporation by PwC.
European Commission proposals for a directive to regulate venture capital funds will hinder rather than benefit venture capitalists, according to David Blair, head of regulation at law firm Osborne Clarks.