Markets

FCA Takes Aim At Wealth Managers Over High-risk And High-fee Products

The Financial Conduct Authority has slammed wealth management and stockbroking firms over practices that the regulator... Read more

Asia Dragon Assets Swell By Over £200m Following Abrdn New Dawn Merger

Asia Dragon (DGN) trust has seen its total assets grow by £214.7m following its merger with abrdn New Dawn (ABD). Read more

Abrdn Equity Income Flattens Management Fee

The board of the abrdn Equity Income (AEI) trust is flattening its management fee after reaching an agreement with its... Read more

Andrew Bailey Warns Of Risks To World Economy Posed By 'fragmentation'

Bank of England governor Andrew Bailey has warned of the risks posed by “fragmentation” to the world economy, and ... Read more

Dollar Facing Headwinds, Swiss Franc Rebounding

Dollar making efforts to continue this week’s rebound, but momentum appears to be lacking, except against Yen. Addit... Read more

UK To Outline Regulatory Rules For ESG Ratings Industry As Early As January 2024

The UK Treasury is set to outline the regulatory regime for ESG ratings providers at the start of next year. Read more

UBS Offers First AT1 Bonds Since Credit Suisse Takeover

UBS has issued its first Additional Tier 1 (AT1) bonds since taking over Credit Suisse in March, when $17bn worth of t... Read more

Newton IM Taps Wellington Management For EM And Asia Equities Chief

Newton Investment Management has poached Liliana Castillo Dearth from Wellington Management to lead the firm’s emerg... Read more

Marlborough Group Gets £5.5bn ACD Mandate From Evenlode

Evenlode and Marlborough Group have signed a letter of intent to appoint Marlborough’s Investment Fund Services (IFS... Read more

Sarasin & Partners Promotes Four From Private Client Team To Partner

Sarasin & Partners has appointed six new partners to its firm, all made from existing investment and client teams.... Read more

Dollar Pauses Rebound, Await More Clues From Fed Officials

Dollar found itself hovering within a narrow range during Asian session, as market participants paused to reflect on r... Read more

Dollar Gains As Risk Aversion Spreads, Market Seeks Clarity Amid Global Economic Concerns

As markets across the globe confront a wave of cautious sentiment, Dollar finds itself in a position of strength, capi... Read more

Aussie Dips Post-RBA Hike Amid Softened Hawkish Stance And Weak Risk Appetite

Australian Dollar is taking a surprising dip today despite RBA’s anticipated decision to raise the cash rate target ... Read more

European Majors Show Strength After Sentix Data, Aussie Consolidates

European majors are maintaining their upward momentum against the  Dollar, leveraging last week’s rally and finding... Read more

Forex Markets Hold Steady; Anticipation Builds For RBA Hike On Tuesday

As the new trading week opens, the forex markets present a scene of relative tranquility during the Asian session. Dol... Read more