The U.S. Treasury Department has signed intergovernmental agreements with the Cayman Islands and Costa Rica in an effort to combat offshore tax evasion as part of the implementation of the Foreign Account Tax Compliance Act.
A unit set up by the IRS to improve international tax compliance by individuals is paying off, according to a new government report, enabling IRS auditors to assess an additional $36 million in taxes for fiscal years 2011 to 2013.
Currencies and commodities were added to a list of financial products and related activities that are subject to investigation, according to a regulatory filing published by the New York-based company today.
Germany has much to lose by leading the EU bailout, but more to lose if it doesn't.
The firm is trying to find if its advisors improperly offered non-purpose loans to clients for purchase of its securities.
UBS OConnor, the UBS AG unit with $5.2 billion of assets, plans to open its first Asia-focused hedge fund to investors later this year, said two people with knowledge of the matter.
These investment strategists say they believe the emerging economies in the world are where equity opportunities are to be found.
Foreign investors should be diversified in order to survive this period of market volatility.
Predictions of a hard landing for this nation's economy are overblown.
Kumpulan Wang Persaraan (Diperbadankan), Malaysias second-biggest pension fund, is looking at real estate assets in Australia and the U.K. as it seeks to increase its investments overseas.
Switzerland said it has agreed to a draft plan with the U.S. for the countrys banks to settle a tax-evasion dispute after years of diplomatic wrangling.
The Internal Revenue Service has provided summaries and a set of tips to help with compliance for some of the more complex areas of the foreign tax credit law.
A three hour pause in trading is not going to be that big of a deal for investors, Stifels chairman and CEO Ron Kruszewski says.
Responding to increased client demand, the firm has launched new efforts to enhance its socially responsible investment options.
Despite the controversy and repeated delays, the IRS and the Treasury Department have been moving forward slowly with implementing FATCA, including the release of a draft version of Form 8966.
Investors are favoring U.S. stocks over emerging markets by the most ever as fund flows and volatility measures show institutions are increasingly seeking the relative safety of American equities.
Foreign stocks generally pay higher dividends and offer great sector diversity for investors hunting yields, says Philip Camporeale of J.P. Morgan Asset Management. But beware the tax hit.
A run-down of the stories in this issue, which focuses on global strategy and taking advantage of emerging markets.
Compared to their foreign peers, U.S. investors are skittish on emerging markets. Here's why some think they're missing the boat.
Emerging market funds are battered, but there's a strong argument for staying the course.
Firms scale their U.S. operations in hopes of netting the coveted ultra-wealthy international client.
Ron OHanley, Fidelity Investments president of asset management and corporate services, laid out his take on a number of economic trends through a game of red light/green light led by Morningstars head of global research Scott Burns.
Most emerging-market stocks fell as Brazils Ibovespa sank a day after entering a bear market, while investors weighed prospects for global stimulus measures.
Japans public pension fund, the worlds biggest manager of retirement savings, said it will reduce its holdings of local bonds and buy more shares.
Beyond Iran's nuclear ambitions, there are reasons a brighter energy world may be on the horizon.
Investors continue to pour dollars into 40 Act products, looking for returns outside of U.S. borders and income from taxable fixed income funds.
Chinas first cross-border exchange-traded fund, based on the NASDAQ-100 Index, has begun trading on the Shanghai Stock Exchange.
Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund.
The speed of global information flow means advisors need to rethink how they create portfolios to avoid over-correlation.
Guggenheim Investments filed with the Securities and Exchange Commission to register the Emerging Markets Bond Strategy Fund, part of the Rydex Series Funds.
Yield by any name may sound sweet, but experts say closed-end fund investors need to consider other factors, too.
The Internal Revenue Service has published 2010 statistics on foreign trusts indicating an increasing interest in foreign investment by U.S. taxpayers, and the impact of changes made in 1996 to information reporting requirements.
Vanguard is establishing an intermediary business in Hong Kong. Along with the new business unit, Vanguard also said the announcement of its first locally domiciled product offering in Hong Kong is imminent.
As global growth slows, emerging markets economies are catching up. And the result is a global paradigm shift of historical proportions.
Its no surprise that global investing is becoming an increasingly important part of client portfolios. Fund manager Jonathan Brodsky talks about big picture trends that have been shaping the global investing landscape.
Investors are worried about whether a currency war could lead to inflation, but Milton Ezrati of Lord Abbett says advisors must position client portfolios for success despite a "global recession."
Direxion has added two new leveraged exchange-traded funds: the Direxion Daily Brazil Bull 3x Shares (BRZU) and Direxion Daily South Korea Bull 3x Shares (KORU), to its portfolio.
The debate over whether large banks are still "too big to fail" has spread like wildfire in recent months.
Some U.S. trade competitors may see efforts to boost liquidity as intentional manipulation of the dollar.
European investors also turned negative, although their pessimism was less pronounced. Asian institutional investors grew slightly more optimistic.
Nuveen Investments has launched two new dividend-focused funds.
What's State Street Global Advisor's next big destination for expanding its retirement business?
The index maven at Standard & Poors shies away from predictions, but expects one of two scenarios: one optimistic and the other pessimistic. And he likes index funds.
Emerging market equity funds may cool down in 2013, says Mike Taggart, the head of Morningstar CEF research.
Two former UBS executives are determined to change how investors access emerging markets by targeting specific sectors and themes.
Recent statistics show that fears that the country's growth will come to a standstill are unfounded.
Where would a successful trader invest a hypothetical $100,000 windfall? In energy, information technology and utilities, according to Fidelity Investments inaugural survey of its top online traders.
The survey polled customers who made at least 36 trades over the past 12 months and whose total portfolio performance during this time was at least 20%.
Luz Padilla, the senior portfolio manager at DoubleLine Funds discusses emerging markets and opportunities for global investing.