Royal London Asset Management’s Martin Cholwill has added to water stocks over Q1 in his £1.9bn UK Equity Income fund stating renationalisation fears are overblown, while he repeats views held by Neil Woodford and Richard Buxton that corporate M&A activity highlights opportunities in UK companies.
Woodford Investment Management has admitted it failed to disclose increases to its Raven Russia holding made over the last year, as it continues to add to the investment company in the wake of US sanctions.
Barclays CEO Jes Staley is facing a fine for an alleged breach of conduct in his attempts to uncover a 2016 whistleblower but will be allowed to keep his job.
GAM Investments has boosted its private client and charities business with the hire of Joss Mitchell from Kleinwort Hambros.
Bank of England (BoE) governor Mark Carney has signalled that an interest rate rise in May could be pushed back, contrary to market expectations.
Aviva has apologised for its platform, which has been a source of ongoing frustration for advisers since it was updated three months ago.
Consolidator The Phoenix Group featured heavily in data from the Financial Conduct Authority that shows complaints about all financial services firms rose by 13% in the second half of 2017, driven by payment protection insurance (PPI) claims.
Controversial Venezuelan debt has been excluded from a new JP Morgan fixed income index for emerging market issuers with strong environmental, social, and governance (ESG) practices.
The Financial Conduct Authority (FCA) has agreed to review the preference share market following investor backlash from the Aviva “debacle,” which saw the insurer backtrack on its plans to cancel preference shares at par value.
Richard Buxton has echoed the views of Neil Woodford in his outlook for the UK economy pointing to corporate deals as a sign of value and predicting GDP growth will be higher than expected in 2018.
Psigma has appointed Rathbones’ Daniel Faulkner as investment director in its Birmingham office.
Long term investors should seek out some often overlooked sectors to boost portfolio diversification, according to Morningstar Investment Management. Click through the slides below to find out which five areas it has identified as hidden investment opportunities.
