WH Ireland bolster wealth division with dedicated CEO appointment
WH Ireland has refined its focus on the wealth management space with the promotion of Roddy Buchanan to the newly created role: head of wealth management.
WH Ireland has refined its focus on the wealth management space with the promotion of Roddy Buchanan to the newly created role: head of wealth management.
S&P has downgraded the UK’s sovereign credit ratings on the back of the country’s decision to leave the European Union.
With 10-year gilt yields falling below 1% for the first time in history, the yen trading below 100 to the dollar and gold at $1,325 per ounce, it is clear investors are running for safety.
The Investment Association has unveiled a new volatility-managed sector, to deal with the swelling ranks of unclassified funds.
As the second wave of reaction breaks over markets, following a volatile first day in the post-Brexit world, a number of themes have come to the surface.
In a joint statement on Friday, the EU leadership urged the UK to start departure processes immediately as “any delay would unnecessarily prolong uncertainty”.
As banking stocks plummeted on Friday morning, Bank of England governor, Mark Carney sought to remind the market that they are in good health and reassure investors the BoE stands ready to do whatever is needed.
Markets were stunned into action on Friday morning after the UK voted narrowly to leave the European Union. Sterling slumped to its lowest level since 1985, safe haven assets jumped and the Nikkei fell almost 8%, while the FTSE opened 6.7% lower.
James Klempster, head of portfolio management at Momentum Global Investment Management discusses everything from where he is seeing value and the necessity to take risk to geopolitics and gold
Over two and a half days, 40 of the UK’s top wealth managers and fund buyers met and debated with leading fund groups, discussing everything from emerging markets to Brexit and beyond.
As the clock ticks ever closer to 7am on Friday, the time slated for the release of the official results of the UK’s referendum on EU membership, the financial world’s focus is being honed to an ever finer point as participants hold cash and their breath ahead of the vote.
Since the referendum announcement an enormous amount has been written seeking to identify the relative merits, benefits and costs of EU membership.