JP Morgan Fleming Asset Managment is to change its name to JP Morgan Asset Management, dropping the Fleming brand which has existed since 1873. Fleming was sold to Chase Manhattan in August 2000 for 4.9bn.
It is little wonder markets were nervous last week as company results and economic statistics poured out of the US. The signs were mixed, to say the least. The prospect of slowing economic growth and rising inflation remains a possibility, even if stagflation of a virulent kind appears unlikely.
Jacob de Tusch-Lec, manager of the Global Income Fund, analyses a sell-off so “vicious” that the ‘hot’ stocks are underperforming emerging markets. What does it mean for the portfolio – now and in the months to come?
The Liberal Democrats are calling for the government to introduce a cooling off period for people who take more than the minimum lump sum from their pension pot without taking financial advice. Currently, withdrawals over the 25 per cent minimum are taxed at an emergency tax rate, which can lead to pensioners paying too much […]
Regulator unveils proposed directory of senior financial services professionals, publishes fees for 2018/19 and approves new tech-based mortgage firms. The Financial Conduct Authority published a raft of reports, consultations and policy initiatives over the past month and many will have a direct impact on the mortgage sector. Recently, the FCA has put forward plans to […]