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%
The MPC voted by five members to four to hold at 5.25%
Jerome Powell indicated another hike this year is on the cards
CPI at 6.7% on an annualised basis versus forecast of 7.1%
The IA’s views are detailed in a report titled ‘Making Investment Better for All’
Net new business fell to £4.8bn from £5.5bn
The Fed’s job of squeezing inflation down to 2% recently became harder
The fund will be managed by James Abela and Maroun Younes
The plan was for GABI to be wound up and its assets transferred to GCP Infra
The new offering aims to outperform the MSCI World Health Care Index
Hart is a manager on the firm’s Equity Income, Focused Equity Income, US Value and Active Value strategies
Ramachandran previously ran GAM’s Luxury Brands Fund
The slide was much greater than forecasts of 0.2%