UK MACRO FUND MANAGER OF THE YEAR Armstrong Investment Managers (AIM) is an independent, award-winning UK FCA registered investment managers. AIM is a client led, fully integrated asset management proposition for high net worth individuals, family offices and boutique wealth managers. Our focus is on building bespoke portfolios that are entirely asset neutral encompassing bonds, equities, liquid assets, private equity and real estate. AIM has a highly distinctive approach and provides segregated accounts for institutional clients. We manage a number of internal and external fund mandates and our flagship offerings are FP Distinction Diversified Real Return (DRR) Fund and Diversified Dynamic Solution (DDS) Fund.
among other risk factors. The funds always maintain high levels of liquidity and downside risk is constantly managed. Our CEO, Dr Ana Armstrong, has led the firm since its inception in 2009. Ana is also non-executive director of the Aberdeen Asian Income Fund. Previously Ana worked at HBOS Plc as co-head of Insight Investment’s $2 billion Multi-Asset Group. Prior to joining Insight Ana worked at UBS Wealth Management as Director & Head of Portfolio Construction for the UBS Managed Accounts Program managing $6 billion and Fischer Francis as fixed income and futures trader. She began her career at Coutts as an investment analyst after graduating with PhD in Quantitative Economics and an MBA from Imperial College in London.
The DRR is a global multi-asset fund, which aims to deliver a return of at least inflation plus 4% per annum, over a market cycle, with no more than a third of equity volatility. The DDS fund is a diversified macro growth fund, which aims to deliver a return of at least inflation plus 7% per annum over a market cycle, with no more than two-thirds equity volatility.
Armstrong Investment Managers (AIM)
We apply a highly disciplined tactical and trading approach. Our management team monitors portfolio attribution, including leverage, liquidity risk, concentration risk, and market event risk
T: + 4 4 2 0 7 3 7 3 5 7 6 7 F: +44 20 7681 1023 E: aim@armstrongim.com
3 Devonshire Street London, W1W 5DT United Kingdom
FRANCE INDIRECT TAX A DV ISORY FIRM OF THE YEAR, ARSENE TAXAND
Arsene Taxand works along side its clients to seize the opportunities and manage risks as regards indirect taxation. Our assistance thus focuses on reducing additional operational costs relative to these taxes, such as negative impacts on the cash flow, penalties related to regulatory irregularities, formalities induced by the non implementation of simplification measure.
• Risk audits and engineering of internal control procedures within the groups and in compliance with the financial security law or American regulations,
In the sectors where VAT and tax on wages theoretically represent a final cost (banks, insurances, holding corporations, travel agencies, associations…), we contribute, together with our international Tax network, Taxand to prepare international benchmarks making it possible to define an optimal tax strategy in compliance with applicable French and EU legislation.
• Representation and/or assistance of foreign companies with tax authorities,
Our team in charge of indirect taxation is head by Alain Recoules with two Partners, three Managers and ten professionals . Generally, as regards VAT and registration duties, our lawyers –experts, assisted by their foreign correspondents, carry out various types of assignments: • Tax management of the flows relative to goods and services, notably in the context of internal and external reorganizations (“supply chain process”), • Optimization of financial management relative to corporation holdings (VAT/tax on wages),
• Assistance during tax audits and litigations before the French and Community courts,
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Management of intra-Community flows,
• Adaptation of the Enterprise Resource Planning (ERP) and electronic invoicing.
Taxand Global indirect tax team Taxand’s international team of indirect tax professionals brings you the benefit of extensive knowledge and experience in nearly 50 countries. We focus on delivering informed, proactive indirect tax advice that optimizes your tax efficiency and ensures compliance, working in close cooperation with colleagues in other areas of taxation as well as legal advisors to possess the full picture and maximize your tax advantage. Combining our experience serving multinational and national clients with our knowledge of specific industries, we provide world-class indirect tax services that meet the highest expectations of corporate decision makers at all levels across all sectors.
Alain Recoules – Arsene Taxand VAT & Indirect Taxes Tax Audit & litigation Professional Associations and Memberships French-American Chamber of Commerce
Te l . + 3 3 1 7 0 3 8 8 8 1 7 Cell.+33 626565028 alain.recoules@arsene-taxand.com w w w. a r s e n e - t a x a n d . c o m
ACQ GLOBAL AWARDS 2014