Coutts still keen on property but now eyeing the regions
Coutts has given a vote of confidence to UK property despite the continued squeeze on yields.
Coutts has given a vote of confidence to UK property despite the continued squeeze on yields.
The events of recent weeks could lead investors to draw a stark conclusion; there is no such thing as a ‘safe haven’ in investment terms any more.
As the longest day of the year approaches investors may well be struggling to work out how they should position portfolios for the summer markets.
This week, China’s central bank announced a cut in its benchmark interest rate, the third time since November, in attempt to combat an economic slowdown and relieve deflationary pressures.
With the election done and dusted, predictably it is the banks that are the first under the spotlight. But should investors follow the Treasury’s example and use recent strength as an opportunity to sell down holdings.
With roughly a quarter of US corporates having now reported earnings, analysts are beginning to make assessments of the current state of the US recovery and what can be legitimately expected from the rest of the latest earnings season.
Royal Bank of Scotland has reached a deal to sell off the international elements of the Coutts private banking and wealth business to Switzerlands Union Bancaire Privée.
Coutts has hired ex Credit Suisse and JP Morgan Private Bank wealth manager Alison Bishop for its ultra-high-net-worth Private Office business.
Coutts & Co is under investigation by a German prosecutor regarding allegations of assisting client tax evasion.
When Mark Carney suggested earlier this month that UK interest rates may dip even lower, albeit temporarily, fixed income investors must have barely batted an eyelid.
Coutts has appointed John Saunders as managing director for Western European, American and resident non-domiciled (RND) clients.
Coutts has appointed a new head of fiduciary investments as it continues to invest in its Jersey trust business