So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.
Hedge fund maestro Greg Coffey is retiring at 41 after a glittering career. And, after a distinctly lacklustre performance recently, many of his contemporaries are following suit
In the past thirty years asset management has evolved from a profession to a distribution-driven industry, and shifted from a client-driven approach to being product-driven. In the third paper published by the 300 Club,
Following HMRC’s surprising consultation on reforming the current regime for withholding tax on interest payments earlier in the year, it appears they may now be considering going to the other extreme.
Emerging ASEAN markets such as the Philippines, Indonesia and Thailand continue to offer good opportunities for emerging market investors looking for fast-developing, low-debt economies
Paul Feeney, chief executive of Old Mutual Wealth Management, said the firm is aiming to become the number one wealth manager in the UK, following its merger with Skandia.
As Singapore revels in its reputation as an open economy with the world's highest concentration of millionaires, the tiny island of 5.3 million people is also accused of being a magnet for tax evaders - an image it is vehemently seeking to banish.
For those with very long memories it is also the 105th anniversary of the 1907 Panic when the gloriously named Knickerbocker Trust collapsed, along with a run on the banks which was finally halted by the famed John Pierpont Morgan (or JP Morgan to you and