Dollar Holds Ground Despite Pullback, Eyes NFP For Fresh Momentum
Dollar, despite retracting some of its earlier gains, remains robust, demonstrating resilience as one of the week’s ... Read more
Fidelity Closes £7m Asia Absolute Return Fund
Fidelity is liquidating its £6.8m Absolute Return Asian Equity fund due to its small size. Read more
Amazon And Microsoft Supremacy In UK Cloud Market Faces Probe By Competition Watchdog
Microsoft and Amazon’s controlling role in the UK cloud market is set to face greater scrutiny, as the sector has be... Read more
Calastone: Fixed Income Funds Suffer From Market Volatility As Investors Pull £130m
Fixed income funds saw outflows in September as market volatility hit sentiment, according to fund flows data from Cal... Read more
T. Rowe Price's Ritu Vohora: Rethinking Fixed Income
The sharp rise in global bond yields since early 2022 has boosted the attractiveness for fixed income assets, but the ... Read more
Sterling Underwhelms Amid Market Consolidation; Gold Heading Lower Again
British Pound emerged as the weakest link, facing headwinds following subpar construction data. Not far behind in perf... Read more
Metro Bank Urgent Fundraise Plans Spark Sharp Sell-off
Metro Bank's chair has met with the City’s regulators today (5 October) after reports that the bank was in need of a... Read more
Liontrust UK Equity Fund Loses Square Mile A Rating Amid De Uphaugh And Fields Retirement
Square Mile’s Academy of Funds has removed Liontrust UK Equity’s A rating, following the news co-portfolio manager... Read more
IA: Inflows Into Trackers Double In August As Fixed Income Funds Revert To Outflows
Investors turned their backs on fixed income and favoured trackers in August, according to the latest fund flows data ... Read more
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