The HMRC has accepted Pangolin Asia Fund into the Reporting Fund regime with effect from 1 December 2013 for UK tax purposes. Investors who are subjected to UK taxation will be required to use the report available in this notice to calculate the amount of income that you will need to include in your tax return.
Registration of share classes with Oesterreichische Kontrollbank (OeKB) is necessary for obtaining Austrian tax transparency status for share classes. Pangolin has started to prepare these tax statements for our investors this year for FY 2017.
James Hay lost his job as a stockbroker during the 1998 Asian Financial Crisis. He then dumped all the cash he had in a few stocks and left backpacking for a year. When he came back, the money he invested grew. He used this as an inspiration to start a fund house. Today, the fund he started, Pangolin Asia Fund is over RM 420 million in asset size. Listen to his management lessons as AWANI Review’s Ibrahim Sani unearth his secrets.