Weekly Outlook: US employment data and Berkeley results
Key events for wealth managers in the week beginning 2 December
Macro News
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US anticipated as top 2025 performer by 40% of fund groups
Europe anticipated as worst-performing region by 37.5%
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99% professional investors expect to increase fixed income allocation over next 18 months
Majority of investors are currently underweight fixed income, according to Managing Partners Group
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Reboot: Over a quarter of employees report elimination of diversity-focused role in past two years
70% described leadership as ‘actively resistant’ to ethnic and racial diversity initiatives
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Weekly Outlook: Telecom Plus and EasyJet results
Key events for wealth managers in the week beginning 25 November
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Global climate funds on brink of first year of outflows on record
Global climate assets up 6% in first nine months of 2024
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Investment firms broaden demographics data collection to foster an inclusive culture
Number of women in the industry increases but female representation in the 50-64 age bracket declined, according to inclusion report
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European-domiciled long term funds attract €62.6bn for October
Active equity and fixed income funds saw positive inflows for the month
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UK inflation jumps to 2.3% for October
Industry commentators weigh in on inflation bounce
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UK economy grows 0.1% in Q3
Below expectations of a 0.2% increase
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Chancellor to unveil plans to merge local government pensions into ‘mega funds’
Reforms will see the £360bn of assets in 86 local government pension schemes pooled into eight ‘mega funds’
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US CPI rises to 2.6% for October
Industry commentators react to US CPI reading following presidential election