KPMG

How far should firms take their strategies?

'Slow to adapt'

Industry at a crossroads

The Investment Management Association (IMA) has responded to the FCA's concerns over outsourcing arrangements across the industry by producing a set of principles it expects members to adopt and adhere to.

The country's top rate of tax has dropped from the fifth to 11th highest in the European Union, according to KPMG.

WEALTH MANAGERS

REGULATION

Nearly half of investment managers see merger & acquisitions as the best route for growth as senior figures become more optimistic about the economy, a KPMG Investment Management survey found.

London remains the top city in the world for foreign investment, according to a report into the growth of emerging market economies.

Jon Pain, formerly managing director of the FSA, will join KPMG as a partner working in its regulatory practice.