Fed holds interest rates, drops redemption cap in May decision
Industry commentators weigh in on the decision to hold
Macro News
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Strong eurozone growth paves the way for June rate cuts
‘Meaningful’ economic growth in the eurozone in the first quarter is a ’cause for optimism’
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Weekly Outlook: Federal Reserve meeting and Amazon Q1 update
Key events for UK wealth managers for the week starting 29 April
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US economy underperforms expectations in Q1 as inflation grows
Real GDP grew 1.6% compared to consensus expectations of 2.4%
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Morningstar: Sustainable funds pull in $900m for first quarter of 2024
US sustainable flows deplete by $8.8bn
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Abrdn AGM disrupted by climate change protesters
Demanding the asset manager end investment in fossil fuels
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Higher-than-expected UK borrowing could spoil chance for pre-election tax cut
Government borrowing was £6.6bn above target, giving the Chancellor less room for tax cuts
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Weekly Outlook: First-quarter results for Tesla and Lloyds
Key events for UK wealth managers for the week starting 22 April
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Reboot: Lack of ethnic diversity red flag for 40% of institutional investors
One of five UK-based fund managers believe lack of diversity impacts business gains
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UK inflation falls less than expected at 3.2%
Divergent economic signals ‘pose a dilemma’ for Bank of England policymakers
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Weekly Outlook: Centamin and PageGroup trading updates
Key events for UK wealth managers for the week starting 15 April
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UK GDP rises in February after technical recession
Industry commentators weigh in on UK GDP growth and how it could influence interest rate decisions
