Sterling takes fright from Conservatives’ shrinking election lead
Sterling has suffered its biggest fall since April after a poll suggested the Conservative party’s lead in the UK general election had diminished.
Sterling has suffered its biggest fall since April after a poll suggested the Conservative party’s lead in the UK general election had diminished.
Fidelity’s fund platform FundsNetwork has named Jackie Boylan as head of advisory services, the role previously occupied by Jon Everill.
Recently privatised Royal Mail is in the danger zone for potentially being relegated out of the FTSE 100 index of the UK’s top shares, according to experts.
Fidelity International has replaced the manager of its underperforming American fund and shifted its investment style to offer “greater flexibility” to adapt to market conditions.
The Schroder European Real Estate Investment Trust has said it is nearly fully invested, 17 months after it floated on the stockmarket.
BMO GAM’s Gary Potter has hit back at the “brainwashed” fund industry’s attitude to costs after two of his F&C multi-manager funds were downgraded by Morningstar.
Daniel Godfrey’s The People’s Trust has revealed its final line-up, but Orbis Investments has pulled out.
The ONS has revised its UK GDP growth estimate for the first quarter, down from 0.3% to 0.2%.
Asset managers have been forced to subsidise their own funds in order to keep fees low despite soaring costs, research from Fitz Partners has revealed.
While Moody’s Investor Service’s decision to downgrade China for the first time since 1989 didn’t move markets massively, some investors fear that it could dredge up negative sentiment.
Neptune Investment Management’s Holly Cassell has been promoted to co-fund manager of the firm’s UK Opportunities Fund and deputy manager of its UK Mid Cap Fund.
BNP Paribas Investment Partners is set to undergo an “ambitious transformation” over the next three years with a rebrand and expansion plan in the pipeline.