Macro News

  • Sentiment to UK worse than after Brexit vote

    Sentiment to UK worse than after Brexit vote

    The UK remained an unpopular place for investors to park their cash in September, as lingering uncertainty regarding the shape of the Brexit deal continued to spark anxiety about the region’s long-term prospects. The UK equities sector was the biggest loser by far, falling 3.20 percentage points (pp) in investors’ estimation to 1.55% between August and September, its…

  • August retail sales defy expectations

    August retail sales defy expectations

    In a surprising turn of events, the Office for National Statistics reported that August retail sales in the UK delivered strong volume growth against the odds.

  • US equity rally has no solid footing

    US equity rally has no solid footing

    The S&P 500 just keeps setting new all-time highs, but the rally could soon reverse since it’s driven increasingly by technology stocks alone.

  • Why the bull market dip has been and gone

    Why the bull market dip has been and gone

    Wintle, who recently launched the actively-managed VT Tyndall North American Fund, has built a bullish case for the US economy, batting off bearish claims that a long-running bull market will soon come to a crashing end. Instead, self-confessed bull Wintle has argued a period of negative earnings per share (EPS) growth from late 2014 to…

  • Asset management’s problem with race

    Asset management’s problem with race

    A benchmark study from the Diversity Project has found that racial diversity remains one of the biggest issues facing the asset management industry.

  • Govt threatens crackdown on investors’ tax breaks

    Govt threatens crackdown on investors’ tax breaks

    The Treasury has threatened to clampdown on a tax-relief system encouraging the wealthy to invest in start-up firms over fears investors are abusing the system.

  • Why the ECB will not hike rates until 2019

    Why the ECB will not hike rates until 2019

    The European Central Bank (ECB) will begin unwinding its monetary stimulus programme this year but investors shouldn’t expect a rate hike until at least 2019, according to analysts at Lyxor Asset Management.

  • M&G’s Rhodes keeps faith in US dividends

    M&G’s Rhodes keeps faith in US dividends

    The US remains the best dividend market in the world “by a mile” and yield opportunities still exist despite high valuations, M&G’s Stuart Rhodes believes.

  • UK AUM defies Brexit vote with 20% jump

    UK AUM defies Brexit vote with 20% jump

    The volume of assets managed in the UK increased 20% last year, undeterred by the decision to leave the European Union, according to Investment Association (IA) research.

  • Historic low bank rates held at 0.25%

    Historic low bank rates held at 0.25%

    Interest rates remain unchanged at a historic low level of 0.25% following the latest Bank of England meeting, quashing rumours higher inflation could spark a hike this year.

  • Global managers’ EM overweight hits 47%

    Global managers’ EM overweight hits 47%

    Global fund managers upped their emerging markets overweight to a net 47% in September, while increasing their underweight to the US, according to the latest Bank of America (BofA) Merrill Lynch survey.

  • Global managers’ EM overweight hits 47%

    Global managers’ EM overweight hits 47%

    Global fund managers upped their emerging markets overweight to a net 47% in September, while increasing their underweight to the US, according to the latest Bank of America (BofA) Merrill Lynch survey.