Markets

Fidelity To Close Global High Yield And Long Bond Funds

Fidelity International is set to close its Global High Yield and Long Bond funds, due to dwindling assets. Read more

Columbia Threadneedle Shutters CT Asia Pacific Equity Fund

Columbia Threadneedle Investments has closed its CT Asia Pacific fund due to a significant drop in assets, effective f... Read more

BoE's Andrew Bailey: Brexit Has 'created Opportunities' Despite Short-term Negative Impact - Reports

Bank of England governor Andrew Bailey has argued that Brexit “created opportunities” for the UK, admitting howeve... Read more

Service Sector Activity Better Than Expected But Weakest Since January

Service sector performance declined again last month, due to higher borrowing costs and depressed economic conditions ... Read more

Yen Moves Up On Wage Hike Push By PM, Halts Well Short Of Intervention Peak

Japanese Yen is registering broad gains in today’s Asian trading session, buttressed by the 10-year JGB yield which ... Read more

Event Voice: Your Questions Answered By PIMCO At The Fund Selector Focus Event

With proper positioning, today’s bond market may offer the potential for equity-like returns with less risk. PIMCO F... Read more

PGIM Investments Hires Merill Lynch Veteran As Global Head Of Alternative Investments

PGIM Investments has appointed Merill Lynch executive Dominick Carlino as global head of its $311bn alternative invest... Read more

Molten Ventures VCT Launches Up To £40m Fundraise

Molten Ventures VCT has launched an offer for subscription to raise £20m, with an overallotment facility of £20m. Read more

Wellington Management Partners With ICapital To Bring Alternatives Offering To Wealth Managers

Wellington Management has partnered with fintech platform iCapital to bring the $1.1trn asset manager's range of alter... Read more

FCA Actively Monitors Risks Of Private Markets To Financial Stability

The Financial Conduct Authority is monitoring the build-up of leverage in private markets as part of its joint evaluat... Read more

FCA Confirms Link Fund Solutions Investigation Will Be Published If Investors Accept Woodford Deal

The Financial Conduct Authority has confirmed it will publish “full and detailed” findings of its investigation in... Read more

ADP Job Figures Weigh On Dollar, But Uptrend Still Intact

Dollar softens broadly today, as it seems traders are exercising caution, pivoting their focus towards forthcoming hea... Read more

Justin Onuekwusi Starts Role As St James's Place CIO

Justin Onuekwusi has started his role as chief investment officer at St James’s Place today (4 October), nearly six ... Read more