UK cash savings surpass £2 trillion for first time
Savers added £51bn to cash this year, but it could be a less attractive option now interest rates are falling
Author: Tom Aylott
-
-
PRS REIT: ‘Number of interested parties’ regarding sale of trust
The board is in ‘active discussions’ about selling the trust with ‘a number of interested parties’
-
J.P. Morgan proposes wind-down plan for Global Core Assets trust
It will liquidate its portfolio and return the proceeds to shareholders by the end of 2025
-
Property funds awarded ‘recommended’ ratings by Square Mile in November review
The TR Property Investment Trust and L&G’s Global Real Estate Dividend Index fund were highlighted
-
Hidden gems: Five below-radar funds in the IA Volatility Managed sector
Spotlight on the small funds that are flying above market returns but below investors’ radars
-
Japanese small caps: Too many cooks
Japan has twice as many listed companies as the world’s largest equity market, and the Tokyo Stock Exchange is determined to cull the dead wood
-
Edinburgh Worldwide to undergo restructure following poor performance
Baillie Gifford is to change the £630m trust’s investment policy after its share price halved in three years
-
Ninety One acquires Sanlam Investment Management
It will take over management of its £17bn in assets under management
-
PwC: 81% of wealth managers are eyeing up consolidation or M&A
There is an ‘urgent need’ for firms to adopt ‘transformational’ new technology, and consolidation is the fastest route
-
Ouajnat Karim becomes new CEO of AXA IM UK
She was appointed COO and global head of oversight earlier this year, and now takes charge from outgoing CEO Marcello Arona
-
Ian Aylward to lead AJ Bell’s MPS as head of investment partnerships
Aylward joins from Barclays to support the ‘rapid growth’ in its MPS offering
-
Investment trusts: Growth story in Japan
The cyclical leaders that dominate Japan’s equity market and drove its recent rally could recede as growth stocks take centre stage once more