Glass departs City Financial
City Financial has put the future of its Defensive Global Bond fund under review following the departure of the group’s head of fixed income Graham Glass.
Author: Cherry Reynard
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Neuberger Berman launches hybrid corporate debt fund
Neuberger Berman has launched a Dublin-domiciled UCITS strategy focused on non-financial corporate hybrid debt.
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Equities respond positively to Fed hawks
Markets responded positively to the release of the Federal Open Market Committee minutes, which showed a December rate rise is increasingly likely.
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Discretionary and advisory business boost results for Walker Crips
Walker Crips reported a five-fold rise in pre-tax profits for the six months to 30 September, in spite of a 30% increase in the Financial Services Compensation Scheme levy.
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PA ANALYSIS: Changing correlations in a climate of rising rates
There have been relatively few reasons to hold gilts and other sovereign bonds in the current environment.
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FCA outlines terms for asset management study
The FCA has published terms of reference for its asset management market study, focusing on industry competition, remuneration and the role of investment consultants.
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Former Aviva Investors analyst banned by FCA
A former investment analyst at Aviva Investors, Mothahir Miah, has been fined £139,000 and banned from FCA-regulated activity after ‘cherry picking’ trades.
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UK equity income trusts face tougher times, says Canaccord
Canaccord Genuity sees a more challenging outlook for UK earnings and dividend growth in 2016, which could see the recent strength of UK equity income investment trusts wane.
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PA ANALYSIS: Growing EM/DM split is hitting dividends
The latest Henderson Global Dividend index shows an increasing polarisation between emerging and developed markets, reflecting in particular the contrasting fortunes of the US and China.
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Advisers optimistic about UK, finds Cofunds
Almost two thirds (61%) of advisers feel optimistic about the UK economy, and half believe the UK is the best investment prospect in Europe, according to the latest research from Cofunds.
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Aberdeen to announce job cuts
Aberdeen Asset Management will announce job cuts at the end of the month, but these will not include front-end investment staff, according to weekend newspaper reports.
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Former IA head calls for industry reform
Former head of the Investment Association Daniel Godfrey has called for greater simplicity and transparency from investment managers, in an interview with the Financial Times.