Month: October 2016
Seven issues facing the UK wealth management sector
Keith Baird, financials analyst at CFE, says that while wealth managers face a range of pressures, existing players can thrive with the right integrated strategy.
read moreLeverage has returned full throttle for large private equity houses
Bill Nixon, managing partner at Maven Capital Partners UK, also says managers are partly remunerated on deploying funds, so there can be a temptation to overpay for good assets.
read moreBanks are open for business for private equity funding
Simon Pilling, corporate partner at Bond Dickinson also says though that the time frame for getting through the credit process reflects a more cautious approach.
read moreBrexit will bring more taxation from the government
Anthony Pitcher, director at LGL Trustees, also says the relentless pace of private equity consolidation will continue.
read moreSecondary buyouts in private equity are a growing trend
Bart Deconinck, group deputy chairman at Zedra, also says private equity firms usually beat corporates in bidding rounds, partly because of the pressure on managers to execute a deal.
read moreInstitutional investors will buy stakes in private equity companies
Ian Barnard, partner at Capital Generation Partners also says low private equity returns will mean investors look for better returns in direct investing.
read moreCyprus and Malta investment programmes lose their appeal
Hazar El-Chamaa, partner at Penningtons Manches, says that Cyprus and Malta investment programmes have lost their appeal following the Brexit announcement.
read moreFiduciary work grows in Bermuda
Claire Coe Smith investigates Bermuda’s growing fiduciary business which has come to the fore after decades of being dominated by Bermuda’s insurance industry.
read moreMore applications being refused at UK Home Office
James Perrot, senior counsel at Macfarlanes, also says the fees that the UK Government are charging for immigration applications continue to rise on an annual basis, sometimes by significant amounts.
read moreImmigration to the UK is getting harder since the last election
Rose Carey, partner and head of the Charles Russell Speechly’s Immigration group, also says that since Cameron doubled the required investment from £1m to £2m for the Tier 1 (Investor) visa, the number of applications has dropped by more than a half across the private wealth sector.
read moreUK still attractive for foreign investors with a benign tax system
Ilda de Sousa, partner, and Daniel Brandon, associate at Kingsley Napley, say the government appears anxious to make it clear that, despite Brexit, the UK wants to attract investment from businesses and individuals abroad
read moreIt’s business as usual: EU nationals should not panic
Jurga McCluskey, partner and head of UK Immigration at Deloitte, also says employers should be active in addressing issues that could arise post-Brexit as a result of changes to freedom of movement.
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