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According to Lord, the UK and US the labour markets are unanimously strong at the moment.
“More more people are finding jobs, more jobs are being created and, for the first time in four or five years, the two countries are facing a sustainable uptrend in wages.”
This is where underlying domestically generated inflation will come from, he says, which will kick-start the consumer led economy. And, as a result, inflation is at the trough, if not very close to the bottom.
Manager Nick Train looks to deploy cash into ‘one or two’ new holdings
Ark Invest Europe head and co-founder of Rize ETF Stuart Forbes sat down with Portfolio Adviser to reflect on Ark’s first year in Europe
Simplifies options and adds a 100% equity offering to range
She was appointed COO and global head of oversight earlier this year, and now takes charge from outgoing CEO Marcello Arona
Label will apply to Fidelity’s sustainable UK, global and European Equity funds
Emma Letheren joins from RBC Capital Markets
