Decision could hasten decline of investment funds with higher fee structures and lower transparency
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When does a fund management fee not a count as a management fee?
Gore fest, IAS 24 edition
Read MoreGlobal currency market swells to $10tn a day in tariff turmoil
Figures from Bank for International Settlements show rapid growth of currency trading
Read MoreBillionaire Barry Silbert seeks to shake legal woes ahead of Grayscale IPO
Crypto businessman still faces lawsuit stemming from lender Genesis’s bankruptcy in the last crypto crash
Read MoreNew India Assurance ordered to pay ₹2,379 crore by tax authority
The order comes after the state-owned insurer was accused of having failed to pay taxes on premiums it received in…
Read MoreHamptons of Canada Is Ensnared in Alleged Mortgage Fraud Scheme
A Toronto businessman is accused of using community connections to sell investments in lake country mortgages — and misappropriating the…
Read MoreFCA seeks to loosen UK consumer protection rules to relieve ‘excessive burden’
Regulator outlines planned changes after financial services providers warned that rules risked driving activity overseas
Read MoreChina probes quant trader Tower Research over chip imports
Customs authorities examine use of advance trading hardware
Read MoreUS Home-Price Gains Slowed for a Sixth Straight Month in July
Home-price gains in the US slowed for a sixth month in July as a growing supply of listings shifted the…
Read MoreMillennium Takes $100 Million Hit in Collapse of First Brands
Millennium Management is one of the biggest Wall Street names to get hit by the sudden unraveling of the auto-parts…
Read MorePutin Allows Faster Privatization Deals in Response to Sanctions
Russian President Vladimir Putin signed an order allowing faster sales of state-owned assets in response to international sanctions.
Read MoreDon’t Bet on the Manifesto Surviving the Budget
Rachel Reeves bolstered her authority with her party, but we’re none the wiser about her tax plans.
Read MoreEU seeks France’s backing over €140bn loan for Ukraine
Paris and other highly indebted capitals are wary of approving use of Russian frozen assets
Read MoreUruguay Wants Rich Expats to Pay More to Qualify for Tax Breaks
Uruguayan President Yamandu Orsi wants wealthy foreigners to pay significantly more to qualify for tax breaks that had lured a…
Read MoreUS Family Offices Dominate Pay Race With $1 Million CIO Salaries
US family offices are paying their top money managers the most competitive salaries globally as the number of private investment…
Read MoreThe energy efficiency mystery clouding BP’s global outlook
Experts do not know what is causing sluggishness in efficiency gains, which matters hugely for oil demand
Read MoreRed Bull Owners Prop up Riches With Dividend as Profit Drops
Red Bull GmbH paid shareholders its highest dividend in three years after adding a one-time payout on top of regular…
Read MoreZijin Gold shares soar in Hong Kong trading debut
Listing of Chinese mining spin-off comes as precious metal hits record high price
Read MoreEmerging Stocks Notch Best Run of Gains in Over Two Decades
Emerging-market stocks rallied for a ninth straight month, the longest winning streak since 2004, as inflows accelerate and investors continue…
Read MoreVanguard cuts fees on European equity funds as competition mounts
Asset manager estimates reducing charges on some equity exchange traded funds will save investors $18.5mn a year
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