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Carney: EU referendum needed ‘as soon as necessary’

Bank of England governor Mark Carney says the UK should hold a referendum on its membership of the EU “as soon as necessary”. Speaking on the BBC’s Today programme yesterday, Carney said: “We talk to a lot of bosses and there has been uncertainty, whether it’s for the election or the referendum.” He said businesses […]

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Aegon sees platform inflows triple

Aegon has seen net inflows on its platform triple for the first three months of the year to £968m. Inflows reached £305m in March 2014. Assets under administration stand as £3.8bn as at 31 March, compared to £1.6bn from the same time last year. Aegon says there are now 100,000 investors using its platform, with […]

My three big calls: Rathbone’s Mona Shah

Long/short funds Developed market equities have been driven higher and higher by quantitative easing over the past few years. However, we think the beta wave has finished now: alpha will deliver the returns going forward. Unconstrained long-short funds, in particular, are starting to look increasingly interesting. They can be more tactical as the performance of […]

Fade sterling strength

Ian Kernohan, senior economist at Royal London Asset Management, examines the current position of sterling as the Brexit process continues to look uncertain. Read the article here The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount […]

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