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FTSE closes 143 points down as stocks battered by Fed concerns
The FTSE 100 shed 143.48 points today to fall below 6,700 after equity markets were spooked by the suggestion that the Federal Reserve may consider slowing its quantitative easing programme.
Are rising Japanese bond yields contributing to equity plunge?
Japanese equities have taken a dive, with the Nikkei 225 closing 7.3 per cent down and the Topix shedding 6.9 per cent.
M&G’s Smith takes Lloyds stake in Global Leaders
M&G’s Aled Smith has initiated a new position in Lloyds Banking Group as the lender moves to focus on its core strengths.
Trade bodies slam EU's FTT as 'tax on family savings'
The BBA, EEF and CBI are warning the EU’s financial transaction tax will push up mortgage costs.
Multi-managers approach emerging Asia with caution
The IMF’s latest Asia report predicts that the real economic growth will come from emerging countries. But even with a 7.2 per cent boost, the caveats for investors remain.
Jupiter Global Equity Income launches wary of US dividend aristocrats
The managers of the recently-launched Jupiter Global Equity Income fund are focusing on the developed markets with 80 per cent of the portfolio split between the US and Europe.
AIC’s Sayers: Rebate ban puts investors in the driving seat
The FCA’s decision to ban platform rebates will benefit the end investor and allow investment trusts to better compete with other vehicles, Association of Investment Companies director general Ian Sayers argues.
Threadneedle's small cap head Vaughan leaves
Threadneedle’s head of UK small caps, Dan Vaughan, is to leave the firm to take an extended sabbatical.
FCA fines JP Morgan International Bank £3.1m for wealth management failings
Company has been fined for systems and controls failings relationg to its retail investment advice and portfolio investment services.
FTSE sees triple-digit drop amid global sell off
The FTSE 100 has dropped by 1.9 per cent in morning trades after the Federal Reserve said it could ease its bond-buying programme and fears of a Chinese hard landing resurfaced.
Investec reports 'solid results' for investment businesses
£4.9bn rise in net inflows and increase in funds under management contribute to results.
Aegon moves ARC platform admin in-house from Novia
Aegon to take on administration from Novia by end of Q1 2014.
Surprise weakness in China manufacturing adds to hard landing fears
China’s manufacturing activity has contracted for first time in seven months, adding to concerns over the health of the world’s second largest economy.
Lloyds to make £450m from selling 15% stake in St James's Place
The sale will take place on 29 May.
This week's Fund Strategy cover story
The UK’s new industrial revolution
The coalition is pushing UK manufacturing as a cure to the economy’s woes. But with the services industry returning to its former glory are dreams of another UK industrial revolution misplaced?
Blogs
Nic Cicutti: Advisers and fund managers need to tackle their charges
Financial advisers and asset managers should use the cushion of rising equity markets to get their RDR charging structures sorted out.
Thesis’ Lally: Is Abenomics the proverbial White Knight?
Just as the rally in global stockmarkets was showing signs of cracking at the seams, along comes the proverbial White Knight to save the day. Last year it was ECB president Mario Draghi; this year it is new Japanese prime minister Shinzo Abe.
Philippa Gee: Are platforms doing enough on move to brilliant clean?
It was a joy to read the HMRC guidance relating to the taxation of fund rebates and the resulting correspondence about clean share classes both online and offline.
Leader: Time for Japan bulls to pause for breath?
One thing you could guarantee with almost every BofA Merrill Lynch fund manager survey over the past several years was that global asset allocators had little time for Japan.
Mark Dampier: Safe as houses? Not always
Residential property can appear an attractive investment but even with yields around 6 per cent, buy-to-let is not as good as it looks
Vertem's Dance: Hedging your bets
Doubt remains about how far the equity market can run given the positive performance so far over nearly the past year.Clearly, there still some risks that could cause the market to wobble and so what’s the best way to protect investors?
Premier’s Jennings: Riding the wave
Many market strategists at the start of 2013 predicted that this would be a strong year for equities
IMA's Godfrey: I want to move as quickly as possible on cost changes
When I posted my last blog suggesting a new way of explaining costs and performance to our clients in simple, once-and-done, pounds and pence figures, I wanted to get feedback.
Cazenove’s Le Jehan: Golden haze - why we’re adding to gold equities
I spent a happy day last week listening to some of the most celebrated value investors of our time, gathered together at a conference here in London.
IMA's Navdeep Sidhu: Regulators should avoid Ucits rule changes for change's sake
As the Ucits regime celebrates 25 years, regulators need to ensure that any changes to the rules will bring benefits to investors.
