01/31/2013
The New Year has seen a deal to avoid the fiscal cliff in the US, an easing of bank regulations and the adoption of a more aggressive inflation target in Japan. Policymakers have continued where they left off in 2012: prioritising growth and dampening vol
01/29/2013
HMRC has suddenly – and very quietly - announced changes to offshore trusts. But these changes will mean that many people will suddenly find themselves in a taxable position with no consultation, no explanation for the change, and no opportunity to
01/27/2013
UBS Chairman Axel Weber raised the possibility of an industry-wide settlement for the rest of the banks involved in the Libor rate fixing scandal at a meeting of top bankers in Davos, sources familiar with the matter said.
01/27/2013
There has definitely been a change in the air, and I am not talking about that strange pong emanating from that French company plant near Rouen or those noxious niffs floating around the gloomy tunnels of the London Underground.
01/27/2013
No sooner has the US economy averted one precipice, the “fiscal cliff”, than it faces another – the “spending cliff”. While we remain cautious near term, we don’t believe this undermines the case for equities. We view r
01/27/2013
The theme remains the same. Long-dated government bonds suffer modest declines while equities rise. Yet, at the same time, support for high yield bonds continues to be strong, further compressing yields.