Last year, severe winter weather caused US GDP to contract by 2% in the first quarter of 2014. This year, economists have been engaged in a similar debate, with initial estimates showing a contraction of 0.7% in Q1.
The Financial Conduct Authority has taken another step toward the full implementation of its new strategic approach, announcing on Friday a number of internal promotions and two key hires.
Special situations is the backdrop for this week’s head-to-head battle, with Alastair Mundy’s Investec UK Special Situations Fund, squaring off against Julian Fosh and Anthony Cross’s Liontrust Special Situations Fund.
The impact of a stronger dollar on growth and job creation in the US seemed a significant part of the reason behind the International Monetary Fund’s warning to the US Federal Reserve it should delay raising rates until next year.
Eliminating all potential conflicts of interest has been the lynchpin of why Arbuthnott Latham has grown as much as it has in the past ten years, says StJohn Gardner, head of investment management.
European Central Bank president, Mario Draghi told journalists on Wednesday that markets should get used to higher levels of volatility.
Absolute return investing – which seeks to generate returns regardless of underlying market conditions – has grown tremendously.
That the percentage of UK retail investment funds managed or co-managed by women remains unchanged at 7% in 2015, while disappointing, is not a surprise Investment Association chair and CEO of Newton Investment Management, Helena Morrissey, said on Wednesday.
Union Bancaire Privée has further strengthened its presence in the UK with the appointment of Mathieu Nègre as head of emerging market equities.
Henderson Group has bought three Australian asset managers in two separate transactions in an effort to fast track the development of the firm’s Pan Asian business.
When one thinks of fund management, thundering hooves and the clash of brawn and burnished steel are almost never the first things to come to mind.
Sanditon Asset management is to launch a new UK fund for Julie Dean on 22 June.
