Investment performance at Alliance Trust has been hit by the UK’s vote to leave the EU. According to the assets manager’s half year results, total returns were 6.6 per cent, compared to the MSCI ACWI benchmark of 12 per cent. The underperformance occured in June, the firm says. In addition to the Brexit vote, a […]
The FCA has uncovered widespread failings in how general insurance firms manage their appointed representatives. As a result the regulator has intervened with five firms. Two have been told to stop selling immediately and two Section 166 reports have been commmissioned. All five firms have been prevented from taking on new ARs, and the FCA […]
Good and growing companies are still to be found, Simon Edelsten, manager of the Artemis Global Select Fund, tells Ross Leckie – even in a world marked by low(er) growth and political uncertainty.
Standard Life head of pensions strategy Jamie Jenkins has a solution to the retirement savings gap. Unfortunately, however, it is not a quick fix. “What we need is a savings culture,” he says. “Automatic enrolment is nudging people towards that but it’s just the start of the process. We could have people saving for their […]
Rob Burnett, Head of European Equities, Neptune The factors behind the recent stock market correction can be characterised into three broad areas: the unwinding of the low volatility phase in markets, a peak in some leading economic indicators (PMIs), and tariff related developments. Where do we stand on these three factors? Read more. Investment Risks […]
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