Soft numbers further muddy UK rate rise waters
Softer than expected unemployment and wage growth numbers have further muddied the waters in terms of forecasting when the Bank of England will raise interest rates.
United Kingdom
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Smith & Williamson’s Burns snaps up more UK exposure
Smith & Williamson has this week upped its UK equities weighting and may add further to it in the coming weeks, head of multi-manager at the firm James Burns said.
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PA ANALYSIS: Mixed messages making UK equities a tricky call
Mixed messages on the health of the United Kingdom’s economy are making deciding on a UK equities weighting a particularly tricky task right now.
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BoE unity could be tested by wage rises
The Bank of England’s monetary policy committee is still united in holding the base rate at 0.5%, according to minutes from the last meeting released today.
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PA ANALYSIS: How safe is all that new cash in European equities?
June is shaping up to be a significant month in the history of the European Union, and for European shares.
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Jupiter names new UK small co manager
Jupiter has promoted James Zimmerman to manager of the £60m Jupiter UK Smaller Companies Fund.
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PA ANALYSIS: Is a UK rate hike coming quicker than you think?
The prevailing consensus has settled around the expectation that the first UK interest rate hike is a considerable way off, but there are reasons to think this could quickly change once again.
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WIM unconcerned about bond market sell-off hitting bond-proxies
Bond and equity investors appear to be operating completely independently, says Woodford Investment Management’s Mitchell Fraser-Jones.
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UK consumer confidence highest in nine years
Consumer confidence in the United Kingdom rose for the fifth successive quarter to hit its highest level for nine years, according research company Nielsen.
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Bank of england minutes pointing to 2016 raise
The minutes from the last Bank of England monetary policy meeting have revealed there remains little dissent within the committee, with all members united in holding rates steady at 0.5%.
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Alliance Trust receives major blow in battle
Alliance Trust has received a major blow in its battle with major shareholder Elliott Advisors as the influential shareholder advisory and proxy Institutional Shareholder Services revealed its support for Elliotts position.
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UK regulators to blame for rise of passives – Alan Steel
UK regulators are to blame for the rise of passive funds amid feelings that active managers have fallen short of expectations, according to Alan Steel.
