CCLA: Three quarters of companies meeting bare minimum in anti-slavery standards
Most companies see anti-slavery laws as a ‘tick-box exercise’ and do not actively confront it in their supply chains
News
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Mirova and Thematics AM to merge
Mirova and Thematics Asset Management have announced a strategic merger, expected to close in Q4 of 2025
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Trump delays 50% tariff escalation on Europe
Negotiations were extended until 9th July after a call with European Commission President Ursula von der Leyen over the weekend
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Industry group calls on FCA to cut barriers to entry for fund managers
Working group of City spokespeople have called for new fund management firms to be subject to a ‘lighter touch’ regime
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UK borrowing up £2.3bn higher than expected
It rose to £20.2bn in April, overshooting the £17.9bn estimate set by economists beforehand
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Treasury yields rise after weak 20-year auction
As Congress passes Trump administration’s tax and spending bill, which is likely to add over $3trn to US debt
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M&G launches European ex-UK fund
Run by value manager Richard Halle
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Mirabaud expands UK wealth presence with senior hire
David Smith joins from RBC Wealth Management
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Drax declines to raise HEIT bid
Leaving Foresight’s 92.4p per share offer as the HEIT board’s recommended option
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LOIM launches global high yield strategy
To be managed by Anando Maitra
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UK inflation rises above expectations to 3.5%
April CPI print was driven by sharp increases to household bills
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SJP’s Dr Sarah Ruggins breaks cycling record
St James’s Place head of investment specialists has set the fastest time for cycling from John O’Groats to Land’s End and back