Wyn Thomas - Axys Investment Management

Weekly Market Update 8th April 2016

PANAMA DOCUMENT LEAK SPARKS GLOBAL INVESTIGATIONS

This week has been dominated by headlines surrounding the leaking of 11 million documents from the Panamanian law firm Mossack Fonseca. While society has always been vaguely aware of the loose purpose that tax havens serve in helping wealthy clients shelter their cash from the authorities, the details have always been lacking. Now they are here for us to see, perhaps the most worrying revelation from the files was the propensity of world leaders to become involved in such widespread deception. Read More….