-
3 days ago | 
moneymarketing.co.uk | Brian Byrnes |Momodou Musa Touray |Darius McQuaid |Charles Younes
The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to ban former Barclays chief executive Jes Staley from holding senior roles in financial services. It ruled that he acted with a lack of integrity and provided misleading information about his relationship with the disgraced financier Jeffrey Epstein. The ruling concludes a long-running investigation, finding that Staley recklessly approved a letter sent to the FCA that downplayed the extent of his ties with Epstein.
-
4 days ago | 
moneymarketing.co.uk | Brian Byrnes |Tom Browne |Momodou Musa Touray |Charles Younes
Liontrust Asset Management says it is “well placed to take advantage of a new environment” for active managers, despite reporting a decline in profits and assets under management for the year ending 31 March 2025. The group posted an adjusted profit before tax of £48.3m, down from £67.4m the previous year. Gross profit also fell to £157.7m from £186.1m, reflecting a drop in performance fee revenue to £3.6m, compared with £10.4m in 2024.
-
1 week ago | 
moneymarketing.co.uk | Charles Younes |Darius McQuaid |Gillian Hepburn |Michelle Hoskin
Cash is not usually part of the asset allocation mix for long-term investors willing to take on a fair amount of investment risk. Volatility is usually baked in to long-term investment assumptions, and long-term investors should expect to encounter some periods when equities or bonds, and sometimes both, fall in value. The long-term cost of missed equity returns is usually sufficient for cash to remain an unused option in the asset allocators toolkit.
-
Jan 21, 2025 | 
moneymarketing.co.uk | Tom Browne |Momodou Musa Touray |Charles Younes |Darius McQuaid
MainStreet Partners, a leading provider of ESG and sustainability data, has announced the winners of its 2025 ESG and Sustainability Champions awards. Now in their fifth year, the awards recognise asset managers and funds that excel in addressing environmental, social and governance (ESG) challenges. This year, new award categories were introduced to reflect the increasing complexity of sustainable investing.
-
Jan 20, 2025 | 
moneymarketing.co.uk | Momodou Musa Touray |Charles Younes |Darius McQuaid |Ian McKenna |ian mckenna
Platform tech provider Fundment has raised £45m in a funding round led by private equity firm Highland Europe. The new funding, which is subject to regulatory approval, included participation from ETFS Capital. It will be used to invest in Fundment’s product development, scaling the team and future expansion. Fundment has become one of the leading tech platforms for financial advisers and their high-net-worth clients.
-
Jan 10, 2025 | 
moneymarketing.co.uk | Charles Younes |Darius McQuaid |Momodou Musa Touray
We begin 2025 with more than a hint of déjà vu as the new year kicks off with the same market themes that brought 2024 to a close. In addition to short-term market drivers, the underlying long-term concerns for markets have been around for a while as inflation and worries about economic growth remain foremost in investors’ minds. Equities begin 2025 with the same themes as last yearLast year was generally a good year for equity investors.
-
Nov 20, 2024 | 
moneymarketing.co.uk | Charles Younes |Caitlin Jordan |Adrian Boulding
The recent performance of Chinese equities has gone a long way towards offsetting the poor performance of the last two years. However, we remain far from convinced the underlying problems affecting China’s economy have been addressed. For much of the last year, investors in China have been asking when the government would intervene and try to tackle the many economic problems afflicting the country.
-
Sep 18, 2024 | 
moneymarketing.co.uk | Charles Younes |Suzy Morrissey |Liz Field |Dan Wiltshire
Concentration risk has been a hot topic this year, with the continued rise of the Magnificent 7 US tech giants carrying markets higher. However, the narrowness of the rally has been a cause for some concern. Enthusiasm for artificial intelligence (AI) has widened a bit to include other semiconductor stocks but gains from most other sectors in the US have been modest in comparison.
-
Jul 10, 2024 | 
moneymarketing.co.uk | Charles Younes |Momodou Musa Touray
The performance of the UK economy over the last 12 months has been much better than expected. After falling into recession in the second half of 2023, it grew faster than expected in the first quarter of 2024 to return to growth. Yet the journey to economic recovery is not straightforward, as there are still plenty of factors working against the UK. Economic growth has improved but remains below many developed economies.
-
Mar 18, 2024 | 
moneymarketing.co.uk | Charles Younes
As we settle in to 2024, markets continue to be shaped by the outlook for inflation and how investors expect central banks to react. Although the outlook has improved, there is still considerable uncertainty. The overall trend for inflation is still downwards, but there are sufficient pockets of upwards pressure to continue to surprise markets. And, of course, the resilience of the US economy could force the Federal Reserve to further delay cutting interest rates.
