JPMorgan Fleming has launched a new investment trust, JPMF Elect Investment Trust (JPMF Elect). Following shareholder approval, the new company has now been listed on the London Stock Exchange and trading in shares has begun. During the offer period, £27m was raised. JPMF Elect now presents investors with a tax-efficient structure which allows investors to hold up to three different share classes within the same trust with the option to switch between them as their needs change, according to JPMorgan Fleming. JPMF Elect enables its shareholders to achieve investment diversity and choice through three different share classes – Managed Growth, Managed Income and Managed Cash. Included in this structure is a half-yearly option to switch between these share classes without incurring a UK capital gains tax liability.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more