Battle of the banks: Should investors turn to challengers or stick with incumbents?
Several fund managers debate the merits of investing in the ‘Big Five’ lenders amid a busy month for the sector
Interactive Investor
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Shareholders to vote on executive pay at Mitie and Tate & Lyle
Remuneration policy has come under the microscope due to the cost-of-living crisis
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Weekly outlook: Shareholders to vote on executive pay at Mitie and Tate & Lyle
Key events for UK wealth managers for the week starting 24 July
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UK inflation: ‘Light at the end of the tunnel shines brighter’, but still some way to go
CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
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Fundsmith Equity retains fund top spot for interactive investor users
While money markets continue to attract interest from investors
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Investment trust sector no longer ‘male and stale’
Investec’s Skin in the Game report found progress in gender diversity on trust boards and increased personal stakes by trust management
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FCA cracks down on ‘wild west’ of crypto advertising
But concerns remain over the regulator classifying the asset as a Restricted Mass Market Investment
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US risks downgrade as debt ceiling ‘brinkmanship’ worries Fitch
Ratings agency highlighted governance as a weakness compared to ‘AAA’ peers
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Money market funds grow 306% at Interactive Investor
The platform has seen a deluge of cash enter the investment vehicles
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FCA listing rules reform: A ‘necessary change’ but with a shareholder rights red flag
Current ‘premium’ and ‘standard’ listing segments to be replaced by a single category
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Inflows return but UK still out of favour
Net £1.4bn was invested in January but the UK All Companies sector still faced heavy outflows
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Abrdn sheds DFM business as it reveals stinging losses
LGT has snapped up Abrdn Capital for £140m