Markets rise on US/China tariff breakthrough
Both sides have cut tariffs for a 90-day period – but there is still work to be done to reach formal agreement
Investment
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Bank of England cuts interest rates to 4.25%
5-2-2 voting split represents a ‘more dovish skew’ than expected
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Fed defies Trump to keep rates unchanged
Commentators say Fed has made right decision due to uncertainty created by Trump’s tariffs
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Impact investment offerings ‘could serve as a valuable USP’, according to wealth managers
Impact investment offerings ‘could serve as a valuable USP’, according to wealth managers
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Morningstar to launch ratings for LTAFs
Adapting its existing Medalist Rating framework for private market vehicles
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UK investors pull net £1.24bn from bond funds in April amid market storm
North American equity funds attracted £1.5bn as investors ‘bought the dip’ amid tariff turmoil, according to Calastone
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Aberdeen: Overlooked mid-caps could be ‘attractive sweet spot’
Trading at record low valuations compared with large firms
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ii: Money market fund purchases up 77% in April as investors flock to safety
Most investors fled volatile markets in the wake of Trump’s tariff, but others took advantage of depressed US valuations
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US economy contracts 0.3% as companies race to beat tariffs
Annualised 0.3% fall was largely attributed to companies building inventory ahead of the 2 April tariffs announcement
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Rathbones’ Coombs: ‘We won’t be following the ‘hot’ investment flows into Europe’
Sceptical of shift some investors have made away from US assets
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Future Growth Capital launches global and UK LTAFs
Collaboration between Schroders and Phoenix Group
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BlackRock: 70% of wealth investors to hold up to a fifth in private assets by 2030
‘The era of no allocation to private markets will come to an end’ as wealth investors up their exposure over the next five years