Managers of Wealth

FTSE falls as gilt yields jump again but pound stabilises

The bonds market continues to recoil at the government’s plan to borrow an additional £72bn in the next year with four-year gilt yields hitting 4.8%.

Schroders Global Investor Study 2022: ‘Expert’ investors believe sustainable investing most likely to drive long-term returns

This compares with 52% of ”intermediate” investors and 43% of those who believe they have ‘”beginner/rudimentary” investment knowledge.

EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society.

EFPA launches in Switzerland

The certification provider has started holding ESG exams in the country and may open an office in the future.

Weakening pound: what does it mean for UK interest rates and UK assets?

Falls in the value of sterling and UK gilts will have knock-on effects across many aspects of the UK economy and markets.

Retail investor capital presents USD8.2 trillion growth opportunity for sustainable investing - Standard Chartered

The new research by Standard Chartered identifies the potential for retail capital mobilisation across 10 growth markets, highlights barriers faced by currently faced by investors

The Year the Earth Stood Still

At the end of May a German official, Stephen Kohn, blew the whistle on the established Covid-19 narrative, and leaked a 93-page report entitled Analysis of the crisis management.

9 in 10 Women Feel Unprepared for a Recession: Ellevest Survey

The research findings are based on data from Ellevest’s new women’s financial health index and from its second annual financial wellness survey.

The 2022 growth plan – Assessing the implications

Businesses and other non-domestic energy users will also see energy prices discounted by around 60% for six months

The UK’s new government goes for broke

At this stage, it is hard to see the spending offering a lasting path to economic growth.

“Expert” investors believe sustainable investing is most likely to drive long-term returns

This is among the sustainability-focused findings of Schroders’ Global Investor Study 2022, which have been revealed today.

Is Warren Buffett the solution for Credit Suisse?

Only rumors about a capital increase have caused the CS share price to drop to almost 4 francs in the past few days.

abrdn global loans head takes on high yield fund manager role

Expansion of responsibilities

Anticlimax coming to Westpac wealth auction

There’s unanimous agreement around the auction that CBA and KKR-backed Colonial First State was the final party standing.

British debt cost rises and sterling sinks after new economic plan

Cuts in income taxes, property taxes, the exemption for foreign visitors and the suppression of a rise in corporate taxes are the objectives of the Government to give a boost to households and companies.

Rate rise expectations are hammering gold

Investors have been voting with their feet and reducing their gold positions, because the combination of high short-term interest rates and lower inflation expectations has reduced gold’s appeal.

Ticino real estate market under the spell of rising interest rates

In the past decade, various negative factors such as the abolition of the minimum exchange rate against the euro, the de facto abandonment of banking secrecy or the second home initiative have weighed on the canton's economy

Swiss franc hits record high against euro

The euro also fell to a 20-year low against the US dollar.

Odey fund surges 145% on big bet against gilts

The firm’s main fund reportedly saw the bumper gain this year after making its largest position a bet against long dated bonds its largest position.

Credit Suisse Checks Appetite for Fresh Capital

In addition, the report also said that Credit Suisse was considering an exit from the US market.

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