High GDP growth exceeds expectations, but experts warn of slowdown
The UK economy grew 0.7% in the first quarter after a period of stagnation, yet Trump’s tariffs and Reeve’s tax hikes could unravel investors’ optimism
News
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SJP’s Rainbow awarded £2m in shares after Schroders exit
Award reimburses Rainbow for share awards forfeited after leaving Schroders
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Quilter’s WealthSelect MPS crosses £20bn mark
Doubled in size in under three years
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PEOPLE MOVES: 7IM, Rathbones AM, Peel Hunt, Schroder Income Growth, River Global AM
Double senior appointment at 7IM
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Investment Association warns firms of AI-assisted ‘cloning scams’
AI making scams more sophisticated
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Square Mile adds eight fund ratings to Academy
Veritas and Baillie Gifford see fund downgrades
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7IM makes double senior appointment
Both roles begin on 1 June
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Quilter expands CashHub savings service
Allows advisers to view their clients’ cash savings alongside their investments
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Infrastructure: Global investors, investing locally
Investors discuss the increasing infrastructure opportunities in AI, renewable energy and utilities
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WisdomTree: Coinbase S&P 500 listing confirms crypto’s place in ‘inner sanctum’
Firm met and exceeded the stringent S&P 500 entry criteria
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Evelyn Partners launches Cash and Cautious Bond strategy for advisers
Portfolios can be tailored to individual clients’ timescales and drawdown needs
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UK unemployment rises to 4.5%
It could reach as high as 5% in the coming months as Chancellor Rachel Reeves’ National Insurance changes come into effect, according to some