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.
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.
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.
Architas grew its assets under management by nearly 50% in the six months to 30 June thanks to strong flows into its UK funds.
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.
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.
Stuart Barnett has been appointed chairman of the Kleinwort Hambros board of directors following the retirement of Warwick Newbury.
Seven Investment Management has upped gold exposure across its funds to the highest ever level in anticipation of a potential market correction.
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.
Hargreaves Lansdown grew assets under administration at a swifter pace for the year ended 30 June, but it felt further pressure on margins.
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.
David Jupp is set to takeover running Quilter Cheviot’s Birmingham hub from Sean Rafferty, head of the office for the past 12 years.
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”.
More than half of passive UK gilt funds have been awarded FE’s top accolade for their index-tracking ability, compared with just 18% of global equity funds.
The picture for UK companies looks “murkier” despite them posting bumper profits in the last financial year, according to the latest data from The Share Centre.
UK high street bank Lloyds, which owns Scottish Widows, may be about to announce a major push into pension and investment products as part of a three-year growth plan.
Sanlam has removed four funds from its list of top-rated UK equity income funds – the White List – in its latest biannual study of the sector.
Allianz Global Investors has announced its Global Equity Insights fund will be available to UK retail investors, a sign of its commitment to the UK market.