The Financial Conduct Authority has proposed extending the inducement standards set out by the Markets in Financial Instruments Directive II (MiFID II) to those providing restricted advice and to discretionary managers.
Baillie Giffords Japan Trust has released its active share figure for the first time.
US markets slipped on Wednesday after it was announced that business spending fell for the sixth straight month.
Despite bond yields falling even lower during 2014, investors continued to pour money into fixed income funds, Moningstars latest Global Fund Flows report reveals.
Tuesdays announcement by the Office of National Statistics that UK inflation fell to zero in February underlined, not only that rates are unlikely to move higher anytime soon, but also just how quickly consensus can change.
UK inflation fell to zero in February, the ONS reported on Tuesday, the lowest level on record.
The departure of Catherine Raw as co-manager of the BlackRock World Mining Trust for a job in the mining sector raises a number of questions.
Heartwood Investment Management believes in keeping things simple, maintaining that similar treatment of all clients with the same risk profile gets rid of a lot of frictional activity and allows its investment team to focus.
Rathbones and OMW created new executive positions, Odey’s former CEO Stewart moved to Hargreave Hale and Julius Baer and Tilney Bestinvest expanded their adviser teams.
Catherine Raw is to leave BlackRock after 12 years at the firm and the investment management industry in April, the board of the World Mining Trust has announced.
BlackRock announced the completion of the conversion of its UK Global Bond fund to the BlackRock Fixed Income Global Opportunities Fund.
The dust is still swirling around the House of Commons and copies of white papers are being furiously read, but the initial reactions are in on this year’s national budget. And, the consensus, if one believes twitter and the stock market seems to be mixed.
