As flagged up over the past year by InvestmentEurope‘s coverage (see below), Sweden’s Parliament has ratified proposed changes to the country’s Premium Pension system, PPM, which allows long term savers to self-select funds into which a proportion of mandated pensions savings are directed. The changes bring in a series of restrictions, that have been developed […]
Research commissioned by Woodford Investment Management, the independent asset manager set up by one of the UK’s best known portfolio managers Neil Woodford, suggests that UK exports of financial services to the EU could be halved by loss of passporting rights following a Brexit. The report, produced by Capital Economics, estimates that “without passporting rights, […]
Iceland’s recovery from its financial crisis continues, but there is still no firm date for the abolition of capital controls, which are stopping deeper and broader recovery, says Nordea Markets in an update. A weaker ISK against key trading currencies has helped the economy since it collapsed in 2008. However, there is still a drag […]
Traded life settlement fund provider EEA has written to investors outlining three options it believes represent a way forward in light of the UK Financial Services Authority’s ongoing action against the asset class.
EEA Fund Management has criticised the Financial Service Authority in its reponse to the regulator’s moves to tighten access to traded life policy investments.
EEA Fund Management has just reported that its Life Settlements Fund had another month of steady returns in July, and that August should show the same again despite the volatility hitting markets for assets such as equities, bonds and currency.
A new funds law is being welcomed as a way to make the domestic industry more efficient, and to open up export potential.