Search Results for: assets
Democracy or Idiocracy?
October 9th, 2014
In Cyprus, we live in a democracy characterised by government by the people and/or their elected representatives: constitutional guarantees, free and fair elections, a parliament of elected members, separation of legislature and the executive, an independent judiciary, and so ...
US Tax Inversion Planners respond to Treasury Measures
October 8th, 2014
The non-legislative measures put forward by the Treasury Department on September 22, to deter multinationals from using corporate inversions to move their tax residence abroad and move away from the high United States tax rate, have so far produced ...
Canadian company lays out defense case for its jailed CEO
October 6th, 2014
Defense lawyers for a Canadian executive sentenced to 15 years prison in Cuba on bribery and other charges released a raft of documents on Sunday seeking to bolster their case that Cy Tokmakjian was denied a fair trial. The ...
How to choose an accountant
October 3rd, 2014
Selecting an accountant to support your business is an important decision and something you need to consider carefully. Dan Martin gathers advice from members of the community UK Business Forums. How much should you pay? As with everything in ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
Traders went from confusion to opportunity as Gross exit sank in
October 3rd, 2014
As bond traders began what they thought would be a quiet day last Friday, a simple headline crossed their screens: “William H. Gross joins Janus Capital.” “The question was, ‘Is it THAT William H. Gross?'” said Lou Brien, a ...
Schwab drops Pimco Total Return from target date portfolios
October 3rd, 2014
Charles Schwab Corp (SCHW.N) has dropped the Pimco Total Return Fund from its 10 target date funds and collective trusts, a company spokeswoman told Reuters on Thursday. Schwab is looking for a replacement for the Pimco fund and has ...
Pimco Returns Fund investors hits record $23.5 billion
October 2nd, 2014
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross’s surprise resignation from the firm. The Pimco ...
Dollar broadly stronger as Hong Kong unrest caps stocks
September 29th, 2014
The dollar hit its highest in almost two years against the euro with German inflation data expected to keep pressure on the ECB to ease monetary policy further, while unrest in Hong Kong hurt Asian-exposed European shares. The dollar ...
Pimco changes Bill Gross model
September 29th, 2014
Pimco CEO Doug Hodge told on Sunday that Pimco is moving away from a founder-led model and that the Newport Beach, California-based firm’s flagship fund previously run by co-founder Bill Gross “does not define Pimco.” “Recognize that we are ...
