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1 week ago | 
investmentweek.co.uk | Linus Uhlig
In the outcome of its annual general meeting, 41% of shareholder turnout voted in favour of a resolution to wind up VEIL, contrary to the board's recommendation. The board said that most of the votes in favour "were centred on a small number of sizeable shareholders" and added that it "commits to consult with relevant shareholders in order to understand the reasons behind their voting decision".
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
This fall came after a 1.3% rise in April 2025, according to figures from the Office for National Statistics and was much sharper than the median forecast of 0.5% in a Reuters poll. It represented the largest monthly fall since December 2023, with food stores the driving factor for this decline, after sales volumes decreased by 5%.
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
The asset class sprung to prominence over the past decade after lending through traditional bank channels was constrained by regulation following the 2008 global financial crisis, allowing private credit providers to become an established go-to source of corporate loans to middle-market firms.
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
In its mid-year outlook on Wednesday (18 June), GSAM's global co-head of quantitative investment strategies, Osman Ali, said that his firm is "more cautious" on energy at the moment. "Despite the oil shock we are observing now and the outperformance of energy equities, I think you should be cautious of that sector in general due to the broader weakness in that complex," he said.
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
Inflation remained flat at 3.4% in May, after the UK's statistical office revised its initial 3.5% figure by 0.1 percentage points in April due to incorrect road tax data. This sparked conversation about the Monetary Policy Committee's (MPC) future path of rate cuts with central bankers set to convene on Thursday (19 June) to vote on whether to hike, hold or cut the bank rate.
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
At an investor event today (17 June), L&G's asset management CEO, Eric Adler, who joined the firm late last year, said the company has been focusing on the "need for greater scale in private markets capabilities". Adler and L&G's CEO, António Simões, doubled down on their existing commitment to grow the firm's private markets assets under management (AUM) to £85bn by 2028, from its £57bn level at the end of the most recent financial year.
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
Sitting down with Investment Week as his ten-year tenure at WTW as global chief investment officer was ending, Baker posited on the current state of the market. Now chair of the Alliance Witan investment committee, where he leads the portfolio management team for the £5.3bn FTSE 100 investment trust, Baker admits it has been difficult to pull investors away from passive ETFs that track major indices because of the performance of active management compared to the index.
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
European-domiciled UCITS ETFs recorded €27bn of inflows in May 2025, with €18.7bn funnelled into equities and €8.3bn allocated to fixed income, according to an analysis by Amundi. This allocation to equities marked a €4bn increase from the month prior and contributed to the €120.8bn total that was added to global ETFs last month. The Big Question: What is the next ETF megatrend?
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
Metro Bank was fined just over £10m by the financial watchdog for breaching listing rules in December 2022 after it published an unqualified statement of its Risk Weighted Assets (RWA), and the capital ratios based on it. FCA fines Metro Bank £16.7m for anti-money laundering failings According to the FCA, "Metro knew at the time of a material error with the data, but did not inform the market".
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1 week ago | 
investmentweek.co.uk | Linus Uhlig
This drop was more than the 0.7% anticipated by economists polled by Reuters, as US retail and food sales dropped to $715.4bn, according to data from the US Department of Commerce. US-tariff landscape shifts with increased levy on China as officials warn Trump of 'havoc' wrecking policies Total sales for March 2025 through to May 2025 were up 4.5% from the same period a year prior, while May 2025's figure was 3.3% higher than the level recorded during the same month last year.
