PA ANALYSIS: Rise of the machines
It’s been 33 years since the first Terminator film hit our cinema screens, but it hasn’t stopped many obsessing about a possible robot uprising.
It’s been 33 years since the first Terminator film hit our cinema screens, but it hasn’t stopped many obsessing about a possible robot uprising.
|
|
After a drop off in sentiment in the previous three months, asset and wealth managers in the UK are more optimistic about their overall business situation, according to the latest CBI/PwC Financial Services Survey.
|
|
According to the latest bi-annual S&P Indices Versus Active Funds (SPIVA) Europe Scorecard, active funds investing in the UK produced an average asset-weighted return of 24.2% from mid-2016 to mid-2017, compared with a 17.6% return for the corresponding S&P United Kingdom BMI benchmark.
|
|
Active funds investing in UK equities enjoyed strong 12 months, with 80% of sterling denominated funds outperforming benchmark.
|
|
Having hit a high of 9% in June, wealth managers cut their weighting in cash to 6.99% in the past three months in the Trustee MPI low-risk mandates.
|
|
Janus Henderson has re-jigged its bond team with the hire of Columbia Threadneedle’s Jim Cielinski as global head of fixed income.
|
|
Investors continued to shun UK equities in July, instead preferring to invest globally and in corporate bonds, according to the latest Investment Association statistics.
|
|
The result of the weekend’s St Leger horse race was the worst result of the season for the bookmarker William Hill, after the favourite 3/1 bet Capri took victory.
|
|
Smith & Williamson has strengthened its outsourced investment services team with the hire of Matthew Finch from Barings.
|
|
Axa Investment Managers has launched a China short duration bond fund, which aims to give investors exposure to the 56trn renminbi (€7trn) bond market.
|
|
Global fund managers upped their emerging markets overweight to a net 47% in September, while increasing their underweight to the US, according to the latest Bank of America (BofA) Merrill Lynch survey.
|
|
Global fund managers upped their emerging markets overweight to a net 47% in September, while increasing their underweight to the US, according to the latest Bank of America (BofA) Merrill Lynch survey.
|
|