Fresh FTSE highs as housebuilders beat growth predictions
Global markets edged to record highs in early trading on Friday amid a flurry of positive economic data.
Macro News
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Election 2017: How do the key Tory and Labour financial pledges stack up?
With less than a week until the results of the 2017 snap election are revealed, we looked at the Tory and Labour party manifestos to see how their pledges on business, tax and pensions stacked up.
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Kames’ Roberts: Central banks stuck by “mother of all asset bubbles”
Mark Carney should admit central banks have created the “mother of all asset bubbles”, according to Kames Capital.
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SocGen hails fixed income ETFs as yield fix
New research from Societe Generale has suggested fixed income ETFs offer a solution in the current hunt for yield amid record low interest rates.
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Pound falls on fears of a hung parliament
The pound fell overnight after YouGov research predicted next week’s general election could result in a hung parliament.
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Investors split on Europe as economic sentiment falters
Europe is dividing opinions after softer economic sentiment data failed to live up to forecasters’ optimistic predictions on Tuesday (30 May).
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UK exposure in global funds hits 12-month high
Exposure to UK equities in global funds has hit a 12-month high as the US has steadily fallen out of favour, new data from Copley Fund Research has revealed.
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ONS revises down UK GDP on spending slump
The ONS has revised its UK GDP growth estimate for the first quarter, down from 0.3% to 0.2%.
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Asset managers ‘subsidising’ own funds as fee pressures bite
Asset managers have been forced to subsidise their own funds in order to keep fees low despite soaring costs, research from Fitz Partners has revealed.
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China’s credit downgrade could ‘reawaken risk’
While Moody’s Investor Service’s decision to downgrade China for the first time since 1989 didn’t move markets massively, some investors fear that it could dredge up negative sentiment.
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Asset managers doubt future of ethical investing as costs rise
A new global survey of asset managers has revealed more than a quarter believe the cost of ethical investing will soar in the coming years.
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Turnill: Record low volatility sign to take on equity risk
BlackRock’s chief investment strategist has said now is the time for equity investors to take on risk and dismissed fears of a sudden spike in market volatility.
