Ashmore Outflows Mount As AUM Drops 8% In Q3 2023
Ashmore Group’s assets under management continued to decline last quarter, pushed down by both negative investment p... Read more
Castlefield Appoints Co-manager Of Sustainable Portfolio Funds And Platform Models
Castlefield has appointed Callum Wells as a manager on its Sustainable Portfolio funds and platform models. Read more
St James's Place Under Regulatory Scrutiny To Reform Fee Structure - Reports
St James’s Place is facing pressure from regulators to reform its fee model in a bid to comply with the recently int... Read more
Dollar And Yield Revival Amid Renewed Fed Rate Hike Fears
Dollar staged a notable comeback overnight, accompanied by a sharp ascent in treasury yields and a downtick in stocks.... Read more
US Inflation Remains Steady At 3.7% In September
US inflation remained stable at 3.7% in September, representing no change from the previous month, as core inflation c... Read more
Bank Of England's Pill: Rate Decisions Now 'finely Balanced'
The Bank of England’s decision-making regarding the path for interest rates has become a more "finely balanced" issu... Read more
Brooks Macdonald Funds Business Hit By Outflows As MPS Platform Grows
Brooks Macdonald suffered from net outflows in the three months to the end of September, driven by its UK funds busine... Read more
FCA To Consult On Amending Regimes For Alternative Fund Managers And Retail Funds
The Financial Conduct Authority has set out plans to consult on amending and re-evaluating the regimes governing alter... Read more
Climate Change Continues To Transform M&A
Recent heat waves in North America and Europe are the latest example of the economic impact of rising temperatures and... Read more
Schroders Launches Alternatives Fund For MPS Investors
Schroder Investment Solutions has launched the Schroder Alternatives fund, available to investors within its model por... Read more
Woodford Investors To Vote In Single Class As Scheme Of Arrangement Vote Delayed
Investors in the former Woodford Equity Income fund will vote on the proposed scheme of arrangement regarding Link Fun... Read more
CPI Sparks Mild Dollar Rally, Jurys Still Out On Sustained Momentum
Dollar is showing signs of revival in early session, in the wake of the release of CPI data, which indicated a margina... Read more
Ex-Barclays CEO James Staley Fined And Banned By FCA Over Ties To Jeffrey Epstein
The Financial Conduct Authority has fined and banned James Staley, former CEO of Barclays, from the financial services... Read more
Gilts Claim Spot In Ii Q3 Performance Index As Investors Hunt For Yields
Two gilts have made it to the top ten most held investments among customers aged between 25 and 44, according to inter... Read more
Canaccord Genuity Wealth Management Names Co-CIOs
Canaccord Genuity Wealth Management (CGWM) has appointed Richard Champion and Thomas Becket as co-CIOs after combining... Read more