UK consumers defy expectations in July, with food sales surging

UK consumers defy expectations in July, with food...

The strength of the UK consumer proved resilient in July, with month-on-month retail sales rising 0.3% according to the Office for National Statistics (ONS).

Published : 17, Aug 2017
Woodford and Barnett favourite Allied Minds losses widen

Woodford and Barnett favourite Allied Minds losses...

The Boston-based intellectual property (IP) firm Allied Minds, a favourite of Neil Woodford and Invesco Perpertual’s Mark Barnett, reported higher losses over the first six months of the year.

Published : 17, Aug 2017
Architas urges shift to defensive assets

Architas urges shift to defensive assets

Architas has warned that investors should begin shifting towards defensive assets before volatility strikes markets in the latter half of 2017.

Published : 17, Aug 2017
Stable market conditions double RLAM inflows

Stable market conditions double RLAM inflows

Royal London Asset Management (RLAM) doubled asset inflows in the first half of 2017 on the back of "more stable" market conditions.

Published : 17, Aug 2017
IMF warns of 'dangerous' trajectory for Chinese debt

IMF warns of 'dangerous' trajectory for Chinese...

China’s growth outlook is expected to improve between 2017 and 2021, but the country’s rising debt level skews the figures and raises strong concerns, according to the International Monetary Fund.

Published : 17, Aug 2017
Trump’s ‘fire and fury’ threat wipes $1trn from global markets

Trump’s ‘fire and fury’ threat wipes $1trn from...

The drastic fall across global markets following president Donald Trump’s threats against North Korea are a sign of how pronounced downturns can be from lofty market highs, Rowan Dartington’s Guy Stephens says.

Published : 16, Aug 2017
AJ Bell: Brexit uncertainty and living wage behind weak pay

AJ Bell: Brexit uncertainty and living wage behind...

Brexit uncertainty, the introduction of the national living wage and public sector pay freezes are among the confluence of factors stunting UK wage growth, according to AJ Bell investment director Russ Mould.

Published : 16, Aug 2017
Hermes' Lundie: High yield investors in for a nasty surprise

Hermes' Lundie: High yield investors in for a...

The benign conditions that prompted investors to overlook investment grade fixed income in favour of high yield could soon come to an end according to Hermes’ credit specialist, Fraser Lundie.

Published : 16, Aug 2017
Prudential sells off US broker network days after M&G merger

Prudential sells off US broker network days after...

Prudential has sold its US independent broker-dealer network to focus on local retirement products just days after announcing plans to merge its UK insurance and asset management businesses.

Published : 16, Aug 2017
Whitechurch returns to commercial property

Whitechurch returns to commercial property

Whitechurch Securities has reversed its view on commercial property after swiftly abandoning the asset class last year on the back of concerns over valuations and Brexit.

Published : 16, Aug 2017
UK drive sees Architas assets rise 50%

UK drive sees Architas assets rise 50%

Architas grew its assets under management by nearly 50% in the six months to 30 June thanks to strong flows into its UK funds.

Published : 16, Aug 2017
Pressure is off BoE as wages stagnate and employment rise

Pressure is off BoE as wages stagnate and employment...

Pressure on the Bank of England to raise interest rates was handed another blow on Wednesday unemployment fell and UK earnings growth, while beating expectations, failed to outpace inflation.

Published : 16, Aug 2017
IA: FTSE bosses improving on pay but more work needed

IA: FTSE bosses improving on pay but more work...

Shareholders “flexing their muscles” over remuneration packages has led to an improving attitude among FTSE directors towards pay, but there is still “some way to go” on the issue, the Investment Association says.

Published : 16, Aug 2017
Barnett named head of Kleinwort Hambros board after Newbury quits

Barnett named head of Kleinwort Hambros board...

Stuart Barnett has been appointed chairman of the Kleinwort Hambros board of directors following the retirement of Warwick Newbury.

Published : 15, Aug 2017
7IM reveals 'highest ever' gold exposure

7IM reveals 'highest ever' gold exposure

Seven Investment Management has upped gold exposure across its funds to the highest ever level in anticipation of a potential market correction.

Published : 15, Aug 2017
Profit expectations fall to lowest level in nearly three years

Profit expectations fall to lowest level in nearly...

Global fund managers are becoming increasingly bearish on corporate profits, with the amount thinking they will improve over the next 12 months falling to the lowest level since November 2005, according to the latest BofA Merrill Lynch fund manager survey.

Published : 15, Aug 2017
HL posts higher AUA but sees margin squeeze

HL posts higher AUA but sees margin squeeze

Hargreaves Lansdown grew assets under administration at a swifter pace for the year ended 30 June, but it felt further pressure on margins.

Published : 15, Aug 2017
OMGI launches first Cocos fund

OMGI launches first Cocos fund

Old Mutual Global Investors has announced the launch of the Old Mutual Financial Contingent Capital Fund, marking the asset manager's first foray into the contingent convertible (Coco) bond market.

Published : 15, Aug 2017
Jupp takes control of Quilter Cheviot regional office

Jupp takes control of Quilter Cheviot regional...

David Jupp is set to takeover running Quilter Cheviot’s Birmingham hub from Sean Rafferty, head of the office for the past 12 years.

Published : 15, Aug 2017
Widening FTSE profit gap sparks fears firms spinning results

Widening FTSE profit gap sparks fears firms spinning...

The gap between stated and adjusted profit in FTSE 100 companies is at a 10-year high, according to AJ Bell which has raised fears firms are intentionally “muddying the waters”.

Published : 15, Aug 2017
PA ANALYSIS: Is it time to clear out the clutter of small funds?
PA ANALYSIS: Is it time...

Small and expensive, are funds that have failed to...

PA ANALYSIS: Buyer beware best buy 'affiliated' funds?
PA ANALYSIS: Buyer beware...

Is there a potential conflict of interest arising from...

PA ANALYSIS: Will Kames survive departure of Milburn and Roberts?
PA ANALYSIS: Will Kames...

Liontrust’s capture of Kames Capital’s prized fixed...

OTHER STORIES FROM LAST WORD...