Tom Aylott

1 week ago | portfolio-adviser.com | Tom Aylott

The 100 largest global companies operating in the UK have slacked in their efforts to address slavery in their supply chains, according to a new global benchmark by investment manager CCLA. Global companies scored on average 30 out of a potential 62 points in the first Global Modern Slavery Benchmark ratings – this compares to UK companies scoring an average of 36 last year.

2 weeks ago | portfolio-adviser.com | Tom Aylott

Over half (54%) of fund groups in the UK reported positive net sales in the first quarter, yet fell £1bn throughout the period overall, according to the latest Pridham Report. However, EMEA Research Leader at ISS MI Benjamin Reed-Hurwitz said the loss “was negligible compared to the total money deployed in markets”.

3 weeks ago | portfolio-adviser.com | Tom Aylott

The UK economy did better than many had anticipated in the first quarter with gross domestic product (GDP) growing 0.7% throughout the three-month period. This was a welcome rise following no growth in the third quarter of 2024 and a small uptick of 0.1% at the final three months of the year. Many market analysts were expecting much of the same for the beginning of this year as the UK economy felt the impact of Chancellor Rachel Reeve’s Autumn Budget, but this was not the case.

3 weeks ago | portfolio-adviser.com | Tom Aylott

Unemployment in the UK has risen to 4.5% after having hovered at 4.4% since November last year, according to the latest findings by the Office for National Statistics (ONS). The increase occurred after a 53,000 drop in the number of payrolled employees in the quarter. Job vacancies fell in tandem by 42,000 to 761,000 throughout the first three months of the year.

1 month ago | portfolio-adviser.com | Tom Aylott

Consolidation has been increasingly utilised by European asset managers to up their scale and bolster growth in recent years, but it may not be the miracle cure firms had hoped for, according to a new report by Morningstar. In many of the cases it examined, the integration challenges often outweighed the benefits.