Investors hedge US equity positions
European investors have been responding to this year’s dollar weakness by hedging their investments in US equities, according to Morningstar data.
European investors have been responding to this year’s dollar weakness by hedging their investments in US equities, according to Morningstar data.
J O Hambro Capital Management (JOHCM) has joined the roster of investment managers who will pay for external research costs through their own profit & loss account, a move which will cost it an additional £5m per year.
Tilney Group has reportedly submitted a last-minute bid for rival Smith & Williamson to derail its imminent merger with Rathbones.
Legal & General Investment Management has added to its active equity team with the hire of Nigel Masding from Longview Partners.
The price of gold surged to its highest level so far this year in the wake of North Korea firing a missile over Northern Japan.
The euro has reached multi-year highs against all other major currencies this week as ECB-president Mario Draghi gave a blank speech at the Fed’s Jackson Hole meeting.
The aggregate pension deficit of the UK’s top 350 companies accounted for 70% of total profits, a higher proportion than in the immediate aftermath of the global financial crisis.
The Witan Pacific Investment Trust is making several changes to the line-up of delegated investment managers in its multi-manager strategy.
The Investment Association (IA) has set up a public register to name and shame listed companies that are subject to shareholder opposition on executive pay.
An impasse over raising the debt ceiling could see the US hit the financial buffers in early October failing to meet around 23% of its short term obligations, an analysis by Washington think tank the Bipartisan Policy Centre has said.
A carefully-targeted pension scam public awareness campaign including television advertising would cost in the region of £2m annually, a financial services advertising expert has said.
Provident Financial’s share price bounced back on Friday morning, after the group confirmed a management reshuffle in its consumer credit division.