Investment Conundrums: Columbia Threadneedle's Burgess On Why Asset Managers Will Not Desert London Even Under 'onerous Brexit'
Mark Burgess, deputy global CIO and CIO EMEA at Columbia Threadneedle Investments, has said he expects London to retain its position as one of the leading centres of fund management excellence once the UK formally leaves the European Union (EU), although the firm is making contingency plans for Brexit.
Burgess said he would be surprised if asset managers, who have large operations in London, moved to European hubs such as Frankfurt as it only has a population of 700,000, while Luxembourg is even smaller...
The Penny Drops: Understanding The Complex World Of Small Stock Machinations
Micro-cap stocks, often overlooked by mainstream investors, have recently garnered significant attention due to rising c... Read more
Current Economic Indicators And Consumer Behavior
Consumer spending is a crucial driver of economic growth, accounting for a significant portion of the US GDP. Recently, ... Read more
Skepticism Surrounds Trump's Dollar Devaluation Proposal
Investors and analysts remain skeptical of former President Trump's dollar devaluation plan, citing tax cuts and tariffs... Read more
Financial Markets In Flux After Biden's Exit From Presidential Race
Re-evaluation of ‘Trump trades’ leads to market volatility and strategic shifts.The unexpected withdrawal of Joe Bid... Read more
British Pound Poised For Continued Gains As Wall Street Banks Increase Bets
The British pound is poised for continued gains, with Wall Street banks increasing their bets on sterling's strength. Th... Read more
China's PBoC Cuts Short-Term Rates To Stimulate Economy
In a move to support economic growth, the People's Bank of China (PBoC) has cut its main short-term policy rate for the ... Read more