PI insurers are considering exclusions for insistent DB to DC transfers, Money Marketing understands.
Deutsche Bank gave false declarations to the FCA and British Bankers’ Association, took years to produce evidence for the regulator and used a call recording system that was “not fit for purpose”, the FCA has found. Earlier today the bank was fined a record £227m by the FCA for manipulating Libor and Euribor. Combined with […]
A UK referendum on EU membership must be brought forward to 2016, according to Labour leadership candidate Andy Burnham. Shadow health secretary Burnham, who is one of four candidates running for Labour’s leadership following the resignation of Ed Miliband, described himself as staunchly pro-Europe, and pledged to embrace public desire for a vote. David Cameron’s […]
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 […]
The manager of the Artemis Strategic Assets Fund explains why he is holding onto his (expensive) bond shorts and unusually is keen to buy equities.
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