Did 75bps rate hike signal peak Fed hawkishness?
All eyes will be on the annual Jackson Hole meeting which may offer clues about the path moving forward
PA Analysis
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Wealth managers batten down the hatches as US enters technical recession
Tilt towards quality and defensive plays like short dated credit and govvies alongside rising cash levels
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Investment trusts trail open-ended rivals in H1
Equity focused closed-ended funds trounced but infrastructure and private equity vehicles prove more resilient
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Will attractive yields entice investors back into investment grade credit?
Spreads have widened considerably over govvies after pricing in the GDP slowdown but default rates remain low
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Fears of a tepid reception see fund launches falter
After a quick-fire deployment, the number of ESG strategies brought to market is also on the decline
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Blackrock AUM slump signals bumpy road ahead for investment industry
Rough earnings season could send share prices tumbling, making some firms acquisition targets
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Small shareholder voices drowned out as companies become more controlled
Increasingly concentrated ownership means governance issues risk going unchecked
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What do interest rate rises mean for wealth manager M&A?
Borrowing and debt servicing costs are going up, which will impact how much companies are willing to pay
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Absolute return giants fail to pass muster in volatile H1
Mega retail funds like Gars and Invesco GTR fare poorly as boutique alternatives steal the spotlight
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Advisers should look beyond sustainability metrics
Asking managers to explain their engagement efforts can help lessen greenwashing concerns
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Will bidding adieu to Boris Johnson boost British investment?
His tenure has been marked by persistent sterling weakness and depressed asset prices
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Plenty of stock picking opportunities in Europe despite bleak stats
Latest S&P PMI manufacturing data shows tentative signs of supply chains edging closer to stability
