Square Mile: Bond funds feature heavily in July ratings update
Seven of the 11 funds re-rated by Square Mile had a fixed income mandate
Seven of the 11 funds re-rated by Square Mile had a fixed income mandate
LTAF exposure to include private equity and credit, infrastructure, real estate, natural resources
Equities see a net £2.19bn in inflows
The business was impacted by outflows and lower margins in its Investments arm
Comes after additional extensions from June bid
Equity markets are down following US recession fears
CIO of Titan Asset Management John Leiper exits
As part of wider deal with Societe Generale
S&P 500 fell 1.84% on Friday following the report, while Japan’s Nikkei 225 dropped over 12% on Monday
Key events for wealth managers for the week beginning 5 August
Deal is expected to complete in the first half of 2025
MPC voted 5-4 in favour of a 25bps cut