FTfm: Hedge funds face $20bn UK tax clamp, Hermes attacks ...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/A1TNOO/NRZ9B5/NS3TUVA/RN7YTC/   FT.com/ftfm Sunday May 26 2013 Financial Times - FTfm   Hedge funds face $20bn UK tax clamp HM Revenue & Customs is accused of using a 'sledgehammer to crack a nut' in trying to close a commonly used tax avoidance loophole http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/T1X3X7/AZ/h?a1=2013&a2=5&a3=26   Hermes attacks Deutsche pay model The UK fund company said the level of compensation for staff below board level is too high compared with the level of dividends paid out http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/FD8W86/AZ/h?a1=2013&a2=5&a3=26   'Lax' Luxembourg defends regulation The grand duchy denies lapses in the supervision of funds, finds Chris Newlands, but fierce competition with Dublin could be a factor http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/PNMJMI/AZ/h?a1=2013&a2=5&a3=26   The dismal science of Baltic bubblenomics John Dizard considers the success of 'austerian' policies in Latvia, Lithuania and Estonia, despite predictions to the contrary from economists http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/K9VIVX/AZ/h?a1=2013&a2=5&a3=26   The divine right of the imperial CEO John Plender evaluates a pre-crisis board at post-crisis JPMorgan Chase in light of the useless protest vote against chairman Jamie Dimon http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/MJAQA5/AZ/h?a1=2013&a2=5&a3=26   JPMorgan investors claim 'victory' Jamie Dimon stays as both chairman and chief executive, but changes are afoot and shareholders say their concerns came through clearly http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/Q35R5X/AZ/h?a1=2013&a2=5&a3=26   More local UK pension schemes could merge Edmund Truell, new chairman of the London Pensions Fund Authority, is broadening his goal of a pooled pan-city fund to a wider merger of UK schemes http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/YGETE9/AZ/h?a1=2013&a2=5&a3=26   Regulators swoop on more insider dealing An increase in the number of arrests reflects a big rise in tip-offs, and greater industry-wide scrutiny http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/XBILIR/AZ/h?a1=2013&a2=5&a3=26   Saker Nusseibeh: from hippy to Hermes CEO Saker Nusseibeh, a contrarian outsider, believes the market must be made better and that fund management and public service go hand in hand http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/SUWNW7/AZ/h?a1=2013&a2=5&a3=26   Investor 3i makes offer on Barclays unit Shift in strategy to increase third-party asset income comes after chief executive Simon Borrows had initiated a cost-cutting and asset sales campaign http://link.ft.com/r/A1TNOO/NR6WZS/26QPAK/YB1A59/1OSGS9/AZ/h?a1=2013&a2=5&a3=26   Exchange Traded Funds Vanguard extends European ETF push Adventurous Investor: More 'smart beta' options UK fund managers under pressure to reveal hidden fees US's KraneShares thinking outside the 'ETF in a box' Video FTfm European bond yields and QE Paul Sweeting, European head of strategy at JPMorgan Asset Management, discusses with Ellen Kelleher of FTfm the effects of quantitative easing on European debt markets and the outlook for peripheral Europe bond yields. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..