“There is a serious risk of unhappy times if a full-scale trade war breaks out. If that happened it would make Brexit look like a walk in the park”, says Loomis Sayles chief economist Brian Horrigan.
The FCA will force RBS to conduct an inquiry to find out how news that it would pay back an expected £400m to business customers in its former Global Restructuring Group leaked ahead of an announcement from the regulator. The FCA was due to release a statement on what action it was taking at 7am this […]
Alex Ralph, manager of the Artemis High Income Fund, sees further pressure on government bonds as inflationary pressures build on both sides of the Atlantic.
LV= is consulting with staff on a proposal to stop selling enhanced annuities and increase its focus on secure drawdown. The insurer says the proposed move follows a review of its annuity business and reflects changes in retirees’ buying habits since pension freedoms, as well as the interest rate and regulatory environment. LV= will offer […]
The UK’s largest independent mortgage broker London & Country has set out plans for an initial public offering. L&C has set a deadline of December 2018 to list, but has not said which exchange it is targeting. It has also not said how much it hopes to raise through the IPO. The decision follows three […]
Loomis Sayles senior global economist James Balfour looks at the three main macro themes evident during October: a world lacking in demand; the strength of global market performance; and the required exit from profits recession. Click here
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]
Significant gilt weightings continue to be recommended, despite concerning signals on their risk Government bonds play a pivotal role in a balanced portfolio; there are very few assets that provide the diversification benefits gilts can bring. So often over the last 30 years, when equity markets have zigged, bond markets have zagged, thereby smoothing return […]