uk qe at best it wont work
Neil Williams questions the Bank of England’s attitude towards quantitative easing, arguing it may be keeping yields down but will do nothing to promote economic growth.
Neil Williams questions the Bank of England’s attitude towards quantitative easing, arguing it may be keeping yields down but will do nothing to promote economic growth.
In the half-year to the end of September, Liontrust saw its assets under management, profits and fund flows all grow.
Pimco has launched a credit-based absolute return fund to be run by Mark Kiesel.
Aberdeen Asset Management is looking into launching a Global Small Cap Fund, which would be run by its global equities team and headed up by Stephen Docherty.
Scottish Widows Investment Partnership is to move its Credit Advantage Fund out of the IMA Corporate Bond sector.
The Greek Prime Minister Papandreou has fallen, Berlusconi is on his way out and Nicolas Sarkozy has only just survived the severe palpitations he experienced when France’s prized AAA credit rating was “accidently” cut by S&P.
The US has once again criticised everyone else, particularly Asian countries, for not doing enough to stimulate global economic growth.
A pool of almost 186,000 ultra-high net worth individuals account for assets of more than $25trn, according to Wealth-X, a Singapore-based research provider to global institutions.
Investors should hold up to 20% of their portfolio in Asia over the long term, even though short-term volatility is set to continue, according to Fidelity’s director of Asian equities, Catherine Yeung.
Bill Dinning says “the only solution for the euro area” is for the European Central Bank to buy government debt as aggressively as necessary to lower yields.
Cazenove Capital has boosted its credit team with the appointment of Carter Holloran as a high yield credit analyst.
RBC continues its UK recruitment drive with three new senior director hires.