Federal Reserve Opts To Leave Rates Unchanged But Maintains Hawkish Stance
The Federal Reserve opted to hold its benchmark interest rate at current levels, but maintained a hawkish stance on th... Read more
BNY Mellon IM Launches Article 8 Floating Rate Credit Fund
BNY Mellon Investment Management has launched the BNY Mellon Floating Rate Credit fund. Read more
'Now Is Not The Time To Delay': Over 400 Businesses Urge Prime Minister Not To Weaken Climate Policies
Ahead of Rishi Sunak's speech yesterday (20 September) revealing the watering down of a host of key climate policies, ... Read more
US SEC Unveils ESG Labelling Rules For Mutual Funds
The US Securities and Exchange Commission has published enhanced rules to clamp down on the misleading labelling of ES... Read more
Hawkish Fed Spurs Dollar And Yield Surge, SNB And BoE Next
Fed’s decisively hawkish stance overnight propelled both Dollar and yields upwards, albeit dampening the stock marke... Read more
'100% Committed': Sunak Vows Hit To Net Zero targets as He Scraps Key Climate Policies
Prime Minister Rishi Sunak has confirmed a ban on the sale of new petrol and diesel cars will be pushed from 2030 to 2... Read more
British Smaller Companies VCTs Launch £90m Fundraise
The two British Smaller Companies venture capital trusts have launched a fundraise for up to £90m today (20 September... Read more
Fidelity Platform Restricts Crux European Special Situations Fund After Richard Pease Retirement
Fidelity’s personal investing platform has restricted new investments into the MIGO Opportunities trust and TM Crux ... Read more
GFANZ Seeks To Refine Definitions Of Transition Finance And Decarbonisation
The Glasgow Financial Alliance for Net Zero has launched a consultation seeking feedback to help refine its definition... Read more
Nippon Active Value Shareholders Approve Double Merger With Abrdn And Atlantis Japan Trusts
Nippon Active Value (NAVF) shareholders have voted in favour of the rollover of assets from the abrdn Japan investment... Read more
City Of London Trust Maintains Share Price Premium Despite Underperforming UK Market
The City of London (CTY) investment trust failed to beat the UK market in the year to the end of June 2023, but shares... Read more
Carmignac Expands Patrimoine Fund Team With Four Promotions
Carmignac has promoted Guillaume Rigeade, Eliezer Ben Zimra, Jacques Hirsch and Christophe Moulin to co-managers of it... Read more
FOMC Rate Decision Looms, Dollar Softens Slightly
Dollar is slightly softer today as the financial world holds its breath for FOMC rate decision. With the market strong... Read more
Europe's Own Retail Stock Frenzy? Now That's Really Dumb!
As cinema-goers flock to see Hollywood’s take on the GameStop saga, the infamous Reddit stock frenzy that led to a b... Read more