Split MPC votes eight to one to keep rates steady
The Bank of England’s monetary policy committee voted eight to one to keep interest rates on hold at 0.5%, it said on Thursday.
Author: Geoff Candy
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Risk appetite healthy as portfolio stability rises
Despite growing concerns about the threat posed to portfolios by the eurozone crisis, investors remain willing to add risk to their portfolios, NN Investment Partners said on Thursday.
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Ignis CIO Fellingham departs SLI as Dunlap, Marshall join
Chris Fellingham, Ignis CIO, is to leave Standard Life Investments in the next few weeks, the firm said on Thursday.
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BNY Mellon’s discretionary sales head departs
Gary Tuffield has left his role as co-head of UK intermediary distribution at BNY Mellon, the company confirmed on Wednesday.
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Earnings growth expectations heading back to reality – Liberum
The weakness seen during the second quarter’s earnings season has brought consensus growth expectations back to reality Liberum said in a note out on Wednesday.
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Brooks Macdonald creates deputy CEO role for Shepherd
Brooks MacDonald has appointed Andrew Shepherd to the newly created role of deputy CEO.
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Standard Life shares slip on pension worries, slowing inflows
Demand for Standard Life Investments’ MyFolio and multi-asset suites helped ease the pain of falling annuity sales, Standard Life said in its first half results.
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PA ANALYSIS: Investors hoping for August respite will be disappointed
The summer slowdown is a myth. Anyone hoping that July and August would provide some respite from the volatility and uncertainty that has characterized financial markets in the past few months has been and is likely to remain disappointed.
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Nicholas Price to manage Fidelity Japanese Values Trust
Nicholas Price has been appointed portfolio manager of the Fidelity Japanese Values trust, its board announced on Friday.
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Butler to replace McDermott as FCA’s head of supervision
Megan Butler has been seconded to the Financial Conduct Authority as director of supervision – investment, wholesale and specialists, the city watchdog announced on Thursday.
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Pharma, IP, tobacco provide Woodford’s big wins as firm releases contribution data
Bets on tobacco, pharmaceuticals and intellectual property were the prime contributors to the success of the Woodford Equity Income Fund this year.
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Under the radar funds you should know
The manager of the Fidelity Undiscovered Talent Fund looks at a few funds that are definitely worth knowing about.
