UK - British multi-manager IMS is working on a range of tax transparent pooled products that would allow UK pension schemes access to US equities without paying the 30% withholding tax applicable to direct investments.
In February last year, the multi-manager revealed its plans for fee unbundling to Global Pensions. Antony John, CEO at IMS, said: “Around 50% of our clients, equating to 40% of assets under mana...
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