UK asset management to see post-Brexit exodus of EU nationals
The UK investment management industry is likely to lose many of its European professionals following Brexit, according to a survey by the CFA Society.
News
-
-
Rio Tinto hit with record FCA fine and US fraud charges
Rio Tinto has been hit with a record FCA fine and fraud charges in the US after allegedly inflating the price of coal it acquired in Mozambique in 2011.
-
Four ways to shake up your ESG exposure
When it comes to investing ethically, many jump straight to investments in green and renewable energy, but where can the newest and most interesting options be found for investors looking to do some good?
-
FCA warns Brussels over disrupting status quo
The UK’s financial watchdog has warned Brussels against unnecessarily disrupting the status quo of the European investment management system in the wake of Brexit.
-
Jupiter strengthens credit team
Jupiter has announced the appointment of Charlie Spelina as a US credit analyst.
-
State Street slashes ETF fees as competition heats up
State Street has ramped up the competition among the biggest US ETF providers by slashing prices across 15 ultra-low cost trackers.
-
Carney under pressure as inflation hits five-year high
UK Inflation hit a five-year high of 3% in September, making the prospect of Bank of England (BoE) raising interest rates next month even more likely.
-
Cash balances fall but investors still flying close to the sun
The average cash level held by global fund managers has dropped to its lowest level in more than two years according to October’s BofA Merrill Lynch Fund Manager Survey.
-
Pearson upgrades profit forecast; validates Train
Pearson’s third quarter update painted an improving picture for the publisher and more good news for long-time backers like Nick Train.
-
Three reasons you should start shorting now
As investors fret about the demise of “the most unloved bull market of our lifetime,” now is the perfect time to start shorting according to FundCalibre’s managing director, Darius McDermott.
-
Ex-Goldman veteran to launch Ucits Indian equity fund
The ex-CIO and lead portfolio manager of Goldman Sachs Asset Management’s (GSAM) Indian Equity Fund is launching a Ucits-compliant fund for UK and European clients.
-
City bigwigs push for £2bn impact fund
A £2bn fund should be launched to kick-off investment in underdeveloped communities and mark the UK out as a hub of impact investing, a panel of top City players has said.
