Why investors should be mindful of a big Abe win in Japan
All eyes will be on Japan this weekend as the country heads to the polls, with the incumbent Shinzo Abe looking set to win a fourth term as prime minister. However, a large victory may not be in the country’s best interest, managers warn.
Plowden slams ‘dangerous’ ETF boom as root of next crisis
“The world has gone mad” Baillie Gifford’s Charles Plowden has said, comparing the boom in exchange traded funds (ETFs) to the hysteria which led to the global financial crisis.
HMRC sets out ‘opaque’ abusive tax scheme penalties
Advisers who enable abusive tax avoidance schemes face penalties that will take into account “relevant considerations”, draft guidance from HM Revenue & Customs revealed on Friday.
Jupiter unveils second version of Clunie’s absolute return fund
Jupiter has launched a second version of James Clunie’s Absolute Return fund following demand for higher volatility from clients.
Ex-SJP adviser jailed for gambling away £850k of client money
An appointed representative of St James’s Place has been jailed for 40 months after being found guilty of stealing and losing £844,010 from eight clients over a period of three years.
Unilever’s ‘highly-rated shares’ stumble as Q3 sales disappoint
Unilever’s shares were shaky as it revealed a poor set of third quarter results, which failed to live up to analysts’ expectations.