Early reactions to the Financial Conduct Authority’s (FCA) Asset Management Market Study are calling for ‘health warnings’ over fees, simpler communications and enhanced governance of fund manager boards.
Federal Reserve chair Janet Yellen offered the market a hawkish message on Tuesday as she indicated the US economy might be poised for a series of gradual interest rate increases, starting as early as next month.
Man GLG has launched a global long/short, market neutral, value-oriented fund for Niels Pecriaux.
Not one to mince his words, when Donald Trump used his first press conference since being elected to accuse the pharmaceutical industry of “getting away with murder” it looked like the US drug industry didn’t have the respite they were expecting when Hillary Clinton was pipped to the post.
At least seven members of the ex-Towry investment team have been made redundant following its acquisition by Tilney Group.
Woodford Investment Management (IM) and Legal & General’s principal investment arm have taken stakes in a £150m venture platform to support UK digital start-ups at all stages of the funding cycle.
Donald Trump’s win may inspire further surprise political outcomes in Europe, according to Franklin Templeton.
UBS Asset Management has listed five new exchange-traded funds (ETFs) tracking two benchmarks of US Treasury Inflation Protected Securities (Tips).
Invesco Perpetual is launching the Global Targeted Income fund on Wednesday (30 November).
Harrogate Wealth Management, a new financial advice firm, has been launched by financial adviser Lee Hurst.
Jupiter’s Alastair Irvine is keeping an open mind about the rising tide of populism across developed markets as he points out that change need not always be negative for investors.
Aberdeen Asset Management has reported £32.8bn of net outflows with negative economic and political newsflow having “weighed on investor sentiment”, according to chief executive Martin Gilbert.
