Chris Hannant, head of the Association of Professional Financial Advisers (Apfa), has hit back at Bank of England economist Andy Haldane’s remarks that financial advisers have “no clue” about pensions by branding them “unhelpful”.
Central banks continue down the path of crazy monetary policy: the Fed has a lot on its mind, but doesn’t feel inclined to share its thoughts in case they trigger a melt down, whilst in Blighty the Bank of England have said they are testing the efficacy of an interest rate cut if Brexit occurs.
Quantitative easing is far from finished as central banks realise procrastination will not halt deflationary forces.
Flatter global growth likely, but worries of recession are misguided.
So, an ‘expedited’ Fed meeting was called on Monday (11th April) to discuss interest rates. Nothing unusual in that, if in isolation, but the meeting was followed immediately by a debrief to the President and Vice-President by Janet Yellen. Not common practice by anyone’s standards!
In this week’s head to head we asked Chris Rush, senior investment analyst at IBOSS, to compare the Fidelity Emerging Markets Fund & the Somerset Emerging Markets Dividend Growth Fund.
Advisers are putting client suitability at risk by picking multi-asset funds simply based on IA Mixed Investment peer group comparisons, says LGIM’s Justin Onuekwusi.
Japan has been fighting a deflationary battle for much of the past 20 years, despite many attempts to revitalise its economy.
Bond market sectors are becoming increasingly correlated — and this is bad news for fixed income investors seeking to manage risk through sector diversification.
UK chancellor George Osborne’s recent announcement to cap investment and pension exit fees is a big step in the right direction towards tackling punitive investment and pension exit fees, says David Pugh, director of The Fry Group, Singapore.
The pendulum of investor sentiment has swung from overstated recession scare in January to more tempered acceptance of the reality that returns will be constrained by slower growth.
This week’s head-to-head challenge featuring Victoria Hasler, head of research at Square Mile Investment Consulting and Research and Sarasin & Partners fund of funds manager Lucy Walker shines the spotlight on two high yield funds: Kames High Yield Bond and Baillie Gifford High Yield Bond.
