Cohen start-up aims to shake up bank research
Hedge fund magnate Steven Cohen and the venture capital firm led by former Palantir co-founder Joe Lonsdale have invested in a start-up hoping to overhaul the investment banking research model, which...
View ArticleBrexit and Trump heap pressure on active managers
Three-quarters of UK funds have underperformed over a 10-year period, according to the latest S&P Index Versus Active (Spiva) scorecard, which pits active management against index-tracking funds....
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Oil prices near 1-month peak as US inventories drop
April 5, 2017 by: Anjli Raval, Oil and Gas Correspondent Oil prices were flirting with their highest level in nearly a month, prompted by a drop in US inventories suggesting output curbs by some of...
View ArticleWhy Asian borrowers are shunning US investors
When Legal & General replenished its regulatory capital last month, it chose to do so in US dollars. In a twist, the British insurer sought the bulk of the funding from investors in Asia rather...
View ArticleWebb: Gov't must stop the incessant pension changes
Many people will have breathed a sigh of relief when the recent Spring Budget included no changes to pension tax relief. The lifetime allowance was cut in 2012, 2014, and 2016, while the annual...
View ArticleBrazil’s pension reform a crucial signal for investors
Brazil has been the hottest emerging market for the past year. In that time the equity market has risen 39 per cent, according to MSCI — by far the strongest performance of any country in the EM...
View ArticleRio Tinto to fight $360m Australian tax bill
April 5, 2017 by: Neil Hume, Commodities and Mining Editor Rio Tinto said it would fight a $360m tax bill from the Australian government and defended the use of a trading hub in Singapore to buy and...
View ArticleA high-stakes summit between Trump and Xi
Summits between the US and China are tightly choreographed. They are designed to exude positivity and leave little room for mishaps. But as Donald Trump, the US president, and Xi Jinping, his Chinese...
View ArticleAstraZeneca under pressure over drug trial caution
AstraZeneca came under pressure on Wednesday after UBS turned cautious ahead of results from a pivotal lung cancer drug trial. The clinical study, known as Mystic, is due to report top-line findings...
View ArticleView from the top: Eye for acquisitions aids Ames at Cathedral
Emma Ames began working in administration at the age of 16. Little did she know her organisational skills would become the driving force behind a leading IFA practice that now has £300 million in...
View ArticleLow interest rates put global financial sector at risk, IMF warns
The International Monetary Fund has expressed fears that persistently low interest rates pose a threat to the global financial sector. In a new study, the IMF warns of struggling banks taking more...
View ArticleLeading fund manager: 'We haven’t held property since 2007'
Leading fund manager: 'We haven’t held property since 2007' Source link
View ArticleMartin Currie Asia Unconstrained revamps divi policy
Martin Currie is delving into capital to increase the yield on its Asia Unconstrained trust to 4.5%. The management team hopes the move will attract investors and encourage the discount to narrow. It...
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Coking coal surges as cyclone hits key supply route
April 6, 2017 by: Neil Hume, Commodities and Mining Editor The price of coking coal, a vital ingredient in steelmaking, has surged above $200 a tonne after a tropical cyclone knocked out a key supply...
View ArticleTwitter eyes EM growth with ‘Lite’ mobile service
Twitter on Thursday became the latest technology company to unveil a slimmed down version of its services aimed at emerging markets users with slower internet connections, with the launch of Twitter...
View Article‘The Laughing Cow’ cheesemaker makes bond debut
Fromageries Bel, the French cheesemaker behind Babybel and La Vache Qui Rit (laughing cow), sold its first eurobond on Thursday in the latest sign of investor enthusiasm for all types of European...
View ArticleSocial care reviewer condemns UK system and calls for new tax
Andrew Dilnot, who carried out the government review into the funding for care and support in England, has condemned Britain’s social care system as “the most pernicious means-test in the whole of the...
View ArticlePearson declines on worries over virtual schools
Pearson led the FTSE 100 lower on Thursday after Exane BNP Paribas raised concerns about virtual schools, one of its fastest growing businesses. Exane worried that growth rates may not be sustainable...
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Google’s China hopes could rest on Xi-Trump talks
A senior Chinese official has warned that Google’s chances of re-entering China could be scuppered if Donald Trump’s talks with President Xi go badly on Friday. The internet search giant had been...
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Adviser Workshop: How to choose an investment benchmark
Kristopher Heck (pictured above), Ian Thomas and Simon Glazier explain their process for picking an investment benchmark. Kristopher Heck Managing partner, Tanager Wealth Management When choosing an...
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