Investor interest in the UK market took a dive following the EU referendum, but recent passives fund data reveals sentiment could be shifting, with a mammoth $521m weekly inflow in mid April.
Bank of England (BoE) governor Mark Carney has signalled that an interest rate rise in May could be pushed back, contrary to market expectations.
Psigma has appointed Rathbones’ Daniel Faulkner as investment director in its Birmingham office.
Waverton Investment Management has appointed ex-Coutts director Mary Haly as a senior portfolio manager and director on its private client team.
UK consumer price inflation fell sharply to the lowest rate in a year last month, raising questions over the Bank of England’s (BoE) direction on interest rates.
Columbia Threadneedle Investments has launched an onshore version of David Dudding’s $449.48m (£316.77m) Threadneedle (Lux) Global Focus Fund.
Harwood Wealth Management Group has announced its joint chief executive officer Neil Dunkley will be stepping down amid a board reshuffle.
The Association of Investment Companies (AIC) has appointed alternatives expert Susie Farnon to its board of directors.
Coutts has launched a digital platform for its wealthy clients to interact online.
First Trust Global Portfolios has launched what it claims to be Europe’s first blockchain ETF.
Absolute return joined the majority of Investment Association (IA) sectors that failed to deliver positive returns in Q1, with only five sectors making investors money over the period, according to BMO Global Asset Management.
Rathbones has removed its entire holding in Facebook from its Global Opportunities fund, with the fund manager saying the company has lost its consumer trust, but several investors continue to have large holdings in the stock.
