Rate rise: One-and-done or the start of tightening?
Portfolio Adviser’s Sebastian Cheek looks at the options for the Bank of England’s monetary policy committee now it has raised interest rates for the first time in a decade.
Portfolio Adviser’s Sebastian Cheek looks at the options for the Bank of England’s monetary policy committee now it has raised interest rates for the first time in a decade.
US president Donald Trump may be touting his pick for Federal Reserve chair as an “anxiously awaited” event, but how are investors preparing for Thursday’s big reveal?
Korea is becoming more appealing to international investors as newly elected government officials in South Korea start to position themselves away from the country’s most powerful families and implement reform to eliminate many prevalent shareholder-unfriendly practices, says Jacob Mitchell, chief investment officer Antipodes Partners and manager of the Antipodes Global Fund – Ucits.
Winners of International Adviser’s Best Practice Adviser Awards in Asia have called on their peers, product providers and regulators in Hong Kong and Singapore to help drive positive change within the industry.
Advisers in Europe need to embrace the hurricane of legislation that is about to hit them or risk “driving their business into a cul-de-sac with no reverse gear“, writes Chris Lean, a Czech-based chartered financial planner with Aisa International.
Upfront commission remains a burning issue in South Africa, as the nation’s financial advice sector awaits the regulator’s next move following the signing of the ‘Twin Peaks’ legislation into law.
The European Securities and Markets Authority (Esma) is turning up the heat on asset managers, highlighting the impact of fund charges on returns in a fresh report. Fund fees wipe out an average 20% of gross returns, according to the regulator.
The European Central Bank (ECB) will cut the size of its monthly asset purchases in half from January next year, the bank’s president Mario Draghi announced on Thursday. Bond and equity markets, as well as the euro, hardly responded to the announcement.
There are some serious positives for savvy advisers with the long shadow of Brexit negotiations driving expats to seek professional advice in droves.
IFAs in the UAE continue to play guessing games ahead of the Insurance Authority’s unveiling of plans for commissions caps, greater transparency in customer contracts and tighter rules on financial advice.
Advisers must stay on the ball as the UK regulator continues to tweak pension transfer rules in an attempt to get a handle on this rapidly evolving sector.
While never in doubt, the strength of victory of prime minister Shinzo Abe’s ruling party in Sunday’s snap lower house election exceeded expectations, with the Liberal Democratic Party (LDP) securing more than half the number of lower house seats.