Markets caught out as Bank of England holds rates despite inflation expectations hitting 5%
Markets had been pricing in a 58% chance of a rate hike
News
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FCA urged to move fast on ESG fund labelling to catch up with Europe
The EU put its SFDR regulation into practice earlier this year
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Helena Morrissey leads AJ Bell campaign to close £1.7trn gender investment gap
The average UK woman holds £49,000 in savings – less than half the average of men
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Colin Morton’s UK equities team transfers to Martin Currie
Morton will continue to lead Franklin Templeton UK equities team
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Omnis dumps Schroders for Western Asset Management on £600m bond fund
Schroders head of fixed income Paul Grainger had been running the global mandate
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FCA requirements could hinder DFM remote working plans
‘It is all very fraught from a security point of view, but staff are pretty much demanding to work from home’
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Baillie Gifford trust adds two female directors after shareholder dissent
Journalist Meryn Somerset-Webb is due to step down from the board next year
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Fundsmith EM trust sells stocks as it turns sour on Brazil and Turkey
Jair Bolsonaro and Recep Tayyip Erdogan are both taking a hit at the polls as inflation runs rampant
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Fundsmith changes its tune with new position in Amazon
Terry Smith has previously been critical of the tech giant’s ecommerce business
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M&G Wealth nabs Brown Shipley woman to become first CIO
M&G launched its wealth arm just over a year ago after its acquisition of Ascentric
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SJP adds non-executive director following Helena Morrissey’s departure
Morrissey left FTSE 100 wealth manager after brief stint to chair AJ Bell
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DFM demand for passives delivers chart-topping Q3 sales for Blackrock
Passives giant surpasses Liontrust and Baillie Gifford in the latest Pridham report