First published in The Financial Times. “Transition” has become a much bigger part of the discussion around sustainability and the path to net zero. This is timely as investors and fund managers grapple between the reduction of carbon emissions in the real world and the carbon emitted from a fund portfolio’s company investments.
First published in The Financial Times. Some things are difficult for alternative asset managers to control. For example, new macro data may mean an asset allocation strategy that looked perfect one day requires urgent alterations the next.
First published in The Financial Times. There is a saying in the City of London; ‘eggs & bacon – with eggs the hen is involved, with bacon the pig is committed’. Launching and then floating an investment company with a specialist approach to UK smaller companies in current market conditions is not straightforward.
Guernsey, Jersey and the Isle of Man (‘the Islands’) have made a joint statement on their intentions in respect of the global initiative to set a minimum effective tax rate for the world’s largest multinational enterprises. The Islands intend to implement an “Income Inclusion Rule” and a domestic minimum tax to provide for a 15% effective tax rate for large in-scope multinational enterprises, from 2025. Although they will monitor implementation internationally and adapt accordingly to developments which may require adjustments to our own implementation plans.
Guernsey, Jersey and the Isle of Man (‘the Islands’) have made a joint statement on their intentions in respect of the global initiative to set a minimum effective tax rate for the world’s largest multinational enterprises. The Islands intend to implement an “Income Inclusion Rule” and a domestic minimum tax to provide for a 15% effective tax rate for large in-scope multinational enterprises, from 2025. Although they will monitor implementation internationally and adapt accordingly to developments which may require adjustments to our own implementation plans.