FCA asks industry to ‘road test’ new ideas
The Financial Conduct Authority is hoping its ‘regulatory sandbox’ – a proposed test environment for innovative new products and services – will help retain its position as Europe’s leading fintech centre.
News
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UK wage growth weaker than expected
Marginally weaker wage growth figures may give Mark Carney the excuse he needs not to raise rates, says Shaun Port, chief investment officer at Nutmeg.
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Novia launches new ETF trading facility
Online wrap provider Novia has launched a new ‘low cost’ trading facility.
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EC signals MIFID II delay
The European Commission has said it is considering a delay of up to a year to the initiation of the second iteration of the Markets in Financial Instruments Directive.
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Aviva Investors hires new strategist for AIMS range
Aviva Investors has appointed Michael Grady as senior economist and strategist.
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Three quarter of consumers need clarity on financial advice – survey
Three quarters of consumers are confused regarding the definition of financial advice, according to a recent study by Aegon UK.
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Q4 could surprise on the upside, says BlackRock’s Bolton
A slowdown in China is to be expected, but not a hard landing, meaning expectations on European equities are now too pessimistic, according to BlackRock’s Nigel Bolton.
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BMO launches first ETFs in Europe
BMO Global Asset Management has launched its first exchange-traded funds in Europe.
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UBS Wealth makes senior emerging markets appointment
UBS Wealth Management has appointed Lucas Wilson as vice chairman of its global emerging markets team in London.
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US job number points to December rate rise
The number of jobs created in the United States in October rose to 271,000 the Labor Department revealed today – far above the consensus forecast of 182,000- fuelling expectations of a December rate hike.
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Large cap dispersion providing exciting opportunity – Wharrier
The potential for shares to become mis-priced is greater now than at any point in my career, said Mark Wharrier, manager of the BlackRock UK Income Fund.
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HEAD-TO-HEAD: Polar Capital vs Man GLG
Fund Selector Asia compares two Japanese equity funds.