Fidelity’s Jeremy Podger retires from portfolio management
He will become a senior advisor to the firm when he steps back from day-to-day work
Author: Alex Sebastian
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Aviva Investors rolls out sterling liquidity fund
Fund managed by Richard Hallett and Josh Bramwell
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Close Brothers profits slide despite rise in client assets
Operating profit fell to £113.5m from £234.8m
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M&G to launch fixed maturity 18-month bond fund
The fund will be co-managed by Stefan Isaacs and Matthew Russell
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SVM co-founder Margaret Lawson retires
Neil Veitch has assumed the role of lead fund manager on the SVM UK Growth Fund
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Federated Hermes launches second private equity innovation fund
Follows the original fund launched in 2020
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Bank of England holds rates flat with MPC split following inflation drop
The MPC voted by five members to four to hold at 5.25%
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Federal Reserve ‘more hawkish than expected’ as it pauses hikes
Jerome Powell indicated another hike this year is on the cards
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Unexpected fall in inflation opens door to Bank of England rate hold
CPI at 6.7% on an annualised basis versus forecast of 7.1%
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Investment Association calls for improved rules for EU clients
The IA’s views are detailed in a report titled ‘Making Investment Better for All’
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Hargreaves Lansdown profits and AUM rise as new CEO settles in
Net new business fell to £4.8bn from £5.5bn
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Premier Miton’s Rayner: Oil price rise complicating inflation battle
The Fed’s job of squeezing inflation down to 2% recently became harder
