Wealthy women targeted by UBS
The wealth management arm of Swiss bank UBS has announced plans to “refocus” its advisory services to serve women better, saying it wants to attract more female clients as a matter of “priority”. UBS...
View ArticleFunds bet big on Russian rebound
Emerging market fund managers have built up their largest overweight position in Russian equities for at least six years following the election of Donald Trump. Hopes that the new US president will...
View ArticleEmerging market funds bet big on Russian rebound
Emerging market fund managers have built up their largest overweight position in Russian equities for at least six years following the election of Donald Trump. Hopes that the new US president will...
View ArticleBloomberg index to include China onshore markets
Bloomberg has gone where MSCI feared to tread, becoming only the second major index provider to include China’s onshore markets in widely-followed benchmark indices in a move that could prompt rivals...
View ArticleEuropean bourses bounce after S&P 500 record
Wednesday 08:45 GMT Overview Major stock markets are positive, buoyed by a record high for Wall Street’s S&P 500, as hopes for faster US growth are revived. The dollar is steady and benchmark...
View ArticlePSA to return to India after 20-year absence
PSA Group, the French carmaker, will return to India after a two-decade absence in the latest stage in its push to expand into emerging markets and lower its exposure to Europe. Europe’s third-largest...
View ArticleUK universities pension plan in novel deal with Credit Suisse
The pension plan for UK universities has snapped up most of a $3.1bn portfolio of loans backed by lending to European companies, in a collaboration with Credit Suisse which highlights the shifting...
View ArticleInvestment trusts buying their own shares
What does this show? It shows the investment trusts — listed funds — that spent the most money on share buybacks in 2016. If a company board thinks its shares are undervalued, it can buy its own...
View ArticleConfusion and profit in Europe’s bank bond muddle
Larry Fink, chief executive of BlackRock, last week warned Europe risks “pulling itself in two directions” over financial regulation. The leader of the world’s largest asset manager was talking about...
View ArticleFTCR China Labour Market Index slips as construction drags
January 26, 2017 by: FT Confidential Research The FTCR China Labour Market Index slipped in January as a seasonal slowdown hit demand from the construction industry. Manufacturing and service sector...
View ArticleAsia buoyant after Dow closes above 20,000
January 26, 2017 by: Peter Wells in Hong Kong Thursday 02.15 GMT Overview Market spirits are buoyant in Asia after the Dow Jones Industrial Average rose above 20,000 points for the first time. Hot...
View ArticleEU sugar farmers wary of milk sector’s fate
European dairy farmers descended on the EU headquarters in Brussels this week, spraying the summit centre with milk powder in protest at the low prices that have driven many producers to the brink of...
View ArticleTax bill warning for over-55s who draw pension cash
Over-55s risk being landed with surprise tax bills if they draw on pension cash, but continue working and building a retirement fund. The warning comes from advisers who say few savers are aware that...
View ArticleRenminbi in retreat for international payments
International use of the renminbi dropped sharply in 2016 as capital controls and dollar strength reduced the attractiveness of China’s currency, according to new payments data released on Thursday....
View ArticleRisky corporate borrowers make hay as yields slide
The combination of rebounding commodity prices and hopes for faster US economic growth under Donald Trump is helping some of the riskiest corporate borrowers secure cheaper financing and underlines...
View ArticleBourses buoyant after Dow closes above 20,000
Thursday 08:35 GMT Overview European stocks are rallying following an upbeat Asian session as investor spirits are buoyed by record levels on Wall Street, including the Dow Jones Industrial Average...
View ArticleChina warned of One Belt, One Road risk to banks
Beijing’s plan to invest almost $1tn in infrastructure in some of the world’s poorest countries is raising concerns of escalating risks for the banks backing the projects and their Chinese creditors....
View ArticleTrump adviser Icahn gains on biofuel rule talk
Donald Trump’s election has doubled the value of an energy company owned by billionaire investor Carl Icahn, who was appointed special adviser to the president on regulatory reform. CVR Energy shares...
View ArticlePeso and Loonie fail to blink as Trump protectionism nears
If protectionism is about to be unleashed by Donald Trump on America’s closest trading partners, foreign exchange traders are acknowledging the threat in a funny old way. On Wednesday, when Mr Trump...
View ArticleFTCR China Export Index dips but companies report stable conditions
January 27, 2017 by: FT Confidential Research The FTCR China Export Index fell slightly in January but still pointed to a seventh straight month of improving conditions in the Chinese export sector....
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