The MSCI AC World index fell for a second consecutive month in July, down by 1.53 per cent in dollar terms, as the fallout from the US sub-prime mortgage crisis spread to lower-quality corporate debt, pushing yields higher.We saw a flight to safety and strong demand for government bonds. Gains in government bonds and investment-grade […]
I know I’ve said it before, but this really doesn’t feel like summer yet – in more ways than one. The inconsistent weather seems to be echoing the state of the markets, and the financial services sector is suffering the ripple effect.
In response to Malcolm Murray’s letter (Money Marketing, August 2), I must call his assumptions into question. Given the importance of the retail distribution review, the last thing we need is statistics which are unsubstantiated and then become definitive due to a lack of challenge. Malcolm stated that the loss of offset was not as […]
Axa Framlington biotechnology fund manager Gareth Powell has left the firm to join Polar Capital.Powell took over the biotech fund in April 2005 from veteran manager Antony Milford.He is set to start at Polar Capital in October and the company is looking at launching a number of healthcare mandates for him and he will also […]
Sarah Scott – Marketing Consultant, Royal London This month sees the return of Renton, Sickboy, Begbie and Spud in the sequel to the film Trainspotting. Just over 20 years later, we return to see exactly how life treated the characters whose lifestyle was less than ideal back in 1996. Did they choose a job, choose […]
Many advisers believe their availability to spend time with clients is the primary factor in them determining the value of the service they pay for, research shows. A survey conducted by consultancy Adviser Home found more than 80 per cent of advisers ranked ‘confidence and trust that we are available when needed’ as ‘very important.’ […]
By the end of this month, either Boris Johnson or Jeremy Hunt will take up residence behind the world’s most famous black door. The race to succeed Theresa May gets more interesting by the day. And if it were supposed to be a virtual coronation for Boris, then someone should have told Jeremy Hunt, who […]
Technology is playing an ever bigger role in the day-to-day running of advice firms and provides a way for firms to position their businesses for the future. How are advisers using technology and what pieces of software can they not do without?