Strong jobs report cranks up pressure on Fed

Strong jobs report cranks up pressure on Fed

A relatively healthy 178,000 new jobs were added in the United States during November, further pushing the Federal Reserve towards acting to prevent the economy overheating.

Published : 2, Dec 2016
PIMCO fined $20m over ETF claims

PIMCO fined $20m over ETF claims

Investment manager Pimco has been fined nearly $20m (£15.9m, €18.9m) by the US Securities and Exchange Commission (SEC) for misleading investors about the performance of its actively managed Total Return ETF.

Published : 2, Dec 2016
November a month of two halves for fund sales

November a month of two halves for fund sales

November was a “month of two halves” for Tilney Bestinvest’s clients as pre-election jitters gave way to a bullish mood following Donald Trump’s win.

Published : 2, Dec 2016
Morgan Stanley IM eyeing infrastructure boost

Morgan Stanley IM eyeing infrastructure boost

Details on the Trump pledge to spend up to $1trn on infrastructure are sketchy, but renewable energy, surprisingly, may benefit, said infrastructure portfolio manager Matthew King at Morgan Stanley Investment Management.

Published : 2, Dec 2016
Amundi hires joint multi-asset heads

Amundi hires joint multi-asset heads

Amundi has hired Raphaël Sobotka as head of multi-asset for retail clients and Laurent Tignard as head of multi-asset for institutional clients.

Published : 2, Dec 2016
UK politicians slam HMRC over lack of tax relief scrutiny

UK politicians slam HMRC over lack of tax relief...

British MPs have criticised HM Revenue & Customs (HMRC) over its lack of scrutiny on whether tax reliefs are being used effectively, raising doubts about plans to digitise its services.

Published : 2, Dec 2016
Moneyfarm names PIMCO man as CIO

Moneyfarm names PIMCO man as CIO

Online wealth manager Moneyfarm has announced two new appointments to its senior team.

Published : 2, Dec 2016
UK manufacturing feels the pressure of weaker sterling

UK manufacturing feels the pressure of weaker...

Sterling weakness continued to rock the United Kingdom manufacturing sector in November as further upward pressure on input costs hit home, but demand remained strong.

Published : 1, Dec 2016
FSCS levy on UK advisers bumped up by dodgy SIPPs

FSCS levy on UK advisers bumped up by dodgy SIPPs...

The UK’s Financial Services Compensation Scheme (FSCS) has warned it may impose an interim levy on life and pension advisers over the increasing number of claims related to self-invested personal pension schemes (Sipps).

Published : 1, Dec 2016
Associate director leaves Cornelian AM

Associate director leaves Cornelian AM

Jonathan Horsfield, associate director of investments at Cornelian Asset Managers, has left the firm to join another Edinburgh intermediary, Principal & Prosper, as an investment manager.

Published : 1, Dec 2016
Hargreaves Lansdown hails its ‘biggest fund launch ever’

Hargreaves Lansdown hails its ‘biggest fund launch...

The HL Select UK Shares Fund launch today has been hailed as its biggest ever by Hargreaves Lansdown.

Published : 1, Dec 2016
Tilney targets advisers with ‘smart beta’ range

Tilney targets advisers with ‘smart beta’ range...

Tilney for Intermediaries is planning the launch a new range of ‘risk graded, low cost multi-asset funds’. In the first quarter of 2017.

Published : 1, Dec 2016
Premier hits £5bn AUM and swings to profit

Premier hits £5bn AUM and swings to profit

Premier Asset Management achieved a record level of assets under management during the year and rebounded from its 2015 loss.

Published : 1, Dec 2016
Indices to include China bonds in 2017 - UBS AM

Indices to include China bonds in 2017 - UBS AM...

Chinese government bonds could be included in the global benchmark indices next year, according to Hayden Briscoe, Asia-Pacific head of fixed income at UBS Asset Management.

Published : 1, Dec 2016
Trump Tantrum in emerging markets prompts $24bn exodus

Trump Tantrum in emerging markets prompts $24bn...

Foreign investors took their money out of EM assets at the fastest pace since the 2013 Taper Tantrum in November, according to the Institute of International Finance (IIF).

Published : 1, Dec 2016
Oil spikes after OPEC strikes first deal in 8 years

Oil spikes after OPEC strikes first deal in 8...

The price of Brent crude oil surged above $50 per barrel as rumours swirled that OPEC members had finally reached an agreement, which was later confirmed.

Published : 30, Nov 2016
IFA director banned over missing £4m

IFA director banned over missing £4m

The director of a bankrupt UK-based IFA firm, who also ran a trading room, has been disqualified for eight years for failing to account for more than £4m ($4.9m, €4.6m) of client’s money, the Insolvency Service has revealed.

Published : 30, Nov 2016
Cornelian AM launches risk managed passive range

Cornelian AM launches risk managed passive range...

Edinburgh-based Cornelian Asset Managers has launched a new range of risk managed passive funds to sit alongside their existing multi-asset offering.

Published : 30, Nov 2016
Woodford IM and L&G to fund UK start-ups

Woodford IM and L&G to fund UK start-ups

Woodford Investment Management (IM) and Legal & General’s principal investment arm have taken stakes in a £150m venture platform to support UK digital start-ups at all stages of the funding cycle.

Published : 30, Nov 2016
RBS stress test failure sends shares spiralling

RBS stress test failure sends shares spiralling...

Shares in RBS had fallen 5% top 187.2p by mid-morning on Wednesday after the bank emerged as the biggest failure in the Bank of England’s latest stress test scenario.

Published : 30, Nov 2016

Sponsored Content

PA ANALYSIS: Is Barclays’ new platform the start of Fintech 2.0?
PA ANALYSIS: Is Barclays’...

Barclays’ announcement on Monday that it has launched...

PA ANALYSIS: EM argument growing despite Trump slump
PA ANALYSIS: EM argument...

One of the losers so far, from the election of Donald...

Hargreaves Lansdown hails its ‘biggest fund launch ever’
Hargreaves Lansdown hails...

The HL Select UK Shares Fund launch today has been...

Barclays launches online investment service
Barclays launches online...

Barclays has launched an online investment service...

FTSE 100 falters as Ofcom orders BT split
FTSE 100 falters as Ofcom...

The index dipped by 0.53% to 6763 Tuesday morning as...

OTHER STORIES FROM LAST WORD...