Market shocks over the past week have highlighted the need for diversification, according to James Klempster, deputy head of Liontrust’s multi-asset team. In a week, trade tariffs imposed and then paused by US President Donald Trump sent global markets into a spin. Klempster said an emotional reaction from investors was to be expected but stressed
The Financial Conduct Authority claims new rules will make it easier for UK asset managers to operate around the world. It is one of almost 50 actions set out by the FCA to support economic growth. The regulator is proposing changes to its regime for alternative asset managers, including having different rules for firms carrying
The chief executive of the Financial Conduct Authority, Nikhil Rathi, has asked whether the UK should consider using pension savings to help would-be homeowners save for a deposit. Rathi suggested the UK could take a leaf out of the book of countries such as Australia, New Zealand, the United States, Singapore and South Africa –
Marlborough has taken a minority stake in London-based financial planning firm First Wealth. First Wealth, which launched in 2009, has 25 staff, including eight financial planners and manages approximately £480mn of assets for around 600 clients, who are primarily business owners and entrepreneurs. It will use the ‘significant’ investment from Marlborough to recruit more staff
Besides trade tariffs, among the indicators of concerns over growth is the Bank of England having halved its forecast of UK GDP for 2025, from 1.5 per cent to 0.75 per cent. Monthly real gross domestic product in the UK is estimated to have fallen by 0.1 per cent in January, after growth of 0.4
The bond market is facing uncertainty as investors weigh slowing economic growth, inflationary pressures, and central bank policies. The Bank of England has halved its UK GDP forecast for 2025 to 0.75 per cent, reflecting broader concerns about economic weakness, while monthly GDP fell by 0.1 per cent in January, following 0.4 per cent growth
While some investors have written-off bonds in favour of cash, Chris Metcalfe, chief investment officer at Iboss, says this ignores their longer-term role in risk management and return generation. “In recent years many investors have become complacent about the risks that equities face, especially parts of the US market where prices have been driven up
LV managed to reduce operating expenses by 4 per cent in 2024, partly due to its transition to BlackRock as its primary asset manager. The move in April 2024 resulted in a decrease in investment fees. Overall, the company reduced operating costs by £11mn to £244mn. It also saw a 12 per cent increase in
Almost nine in 10 defined contribution savers are in schemes which invest in at least one productive asset class, according to research by The Pensions Regulator. Just under half (45 per cent) of defined benefit schemes, 57 per cent of large DC schemes, and 72 per cent of DC master trusts hold some productive assets,
Another Budget, another prime minister glancing at yields on his phone, as he sits next to his chancellor while they are delivering their customary speech. Is there a real risk that gilt yields will consign Sir Keir Starmer to the history books as they did Liz Truss? The experience of losing a PM due to