Record-breaking European flows puts US in the shade
Inflows to European-domiciled funds hit a record high in the first half of 2017 at the expense of their struggling US counterparts, according to the latest data from Morningstar.
Inflows to European-domiciled funds hit a record high in the first half of 2017 at the expense of their struggling US counterparts, according to the latest data from Morningstar.
The IHT take has risen dramatically in the last two years leading NFU Mutual to warn that HMRC may be getting more aggressive with estates, even as the new nil rate residence band is introduced.
Barclays seems to have got a handle on its “bad bank”, but it nevertheless swung to a loss over the first half of the year, leaving analysts feeling “the good bank is getting worse”.
Church House Investment Management has hired former Sanlam FOUR staffer Paul Zoltowski to lead its business expansion as client director.
Star fund manager Neil Woodford has defended his significant holding of pharma giant AstraZeneca after weak half-year results sent the stock price tumbling on Thursday morning.
Hits on the AIC website have soared in recent months, but which investment trusts have been peaking investor interest so far this year?
Two asset managers have warned that bond investors, particularly those in passive vehicles, are too exposed to duration risk without realising it.
Livingbridge has launched a new equity income fund, its second vehicle set up for lead fund manager Ken Wotton.
The Financial Conduct Authority’s extension of the senior managers’ regime will help weed out “reckless and criminal firms”, financial adviser support firm SimplyBiz Group says.
The Bank of England has appointed David Ramsden as deputy governor for markets and banking, and Joanna Place as chief operating officer.
Shareholders in the FTSE 100 bank were hit with a double whammy on Thursday, as it agreed to set aside £300m to redress mortgage arrears and posted lower profits due to an additional £1bn of conduct charges.
The US equity market hit new highs, but bond yields are expected to fall after the US Federal Reserve voted to keep rates on hold at its latest meeting.