Fidelity’s Michael Clark on strategy for febrile markets
Fidelity’s Michael Clark hopes utilities, healthcare and consumer staples will safeguard against any further market gyrations
Fidelity’s Michael Clark hopes utilities, healthcare and consumer staples will safeguard against any further market gyrations
The fact that Daniel Godfrey felt he had to leave his CEO post sheds much light on what was behind the threats from Schroders and M&G Investments to leave, but also raises new questions.
St James’s Place has faced many challenges in new international territories which have provided the blueprint for further overseas expansion, says its commercial director Iain Rayner.
With global equities return forecasts reasonable at best, a dearth of exciting ideas may leave investors looking for contrarian plays.
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
Western expatriates are staying longer in the Middle East and, while the use of long-term life products still dominates the market, the length of the contract is falling and more money is flowing into mutual fund platforms, Invesco said.
Data out from the Association of British Insurers and the Office for National Statistics in the past few days should have asset managers rubbing their hands with a mixture of excitement and trepidation.
The UK Government’s decision to launch a review of the financial advice market could lead to some dramatic changes in the way financial planning is delivered to clients in the future.
The launch of a new UK trade and its stated aims and concerns, gives IFAs a chance to shout louder for the balance between the industry and the regulator to be redressed.
Given how many clouds there are around at the moment, silver linings are pretty hard to come by.
Mark Carney has, according to the Sunday Times, told fund managers to prepare for a mass sell-off in stocks and bonds that could be triggered by a Bank of England rate hike.
Conjecture over the timing of the first UK rate rise is becoming almost as routine as the industry’s misplaced adaptation to the ‘abnormal’ 0.5% rate presently in place.