Unemployment in the UK fell to 5.6% in the three months to February, the office for National Statistics said on Friday, the lowest level since 2008. At the same time, the number of people in employment rose to a record of 31.05m.
The last five years have seen the fewest high yield defaults in modern history, Deutsche Bank reported on Wednesday.
With US valuations higher than they have been for many years and the QE-fuelled run in European assets, investors are once more turning to emerging markets, putting the BRIC economies back under the spotlight.
We are now just three weeks from the general election in the United Kingdom so a significant window of opportunity could be closing, depending on your assessment of the situation.
While Royal Dutch Shell’s £47bn acquisition of BG Group is something of super-sized deal for the FTSE, it promises to be a weighty problem for active and passive funds alike.
Wellershoff & Partners’ Joachim Klement argues that the industry needs to abandon old theories and embrace the new.
