Central bank body warns hedge fund bets risk dislocating US Treasury market
The Bank for International Settlements has warned the current build-up of leveraged short positions in US Treasury futures is a “financial vulnerability worth monitoring”.
UK wealth managers turn to fixed income and passives for ESG strategies
UK wealth managers and private banks are increasingly turning away from active ESG strategies in favour of passive ones, research by Cerulli Associates has found.
Northern VCTs trio launch £60m fundraise
Mercia Asset Management’s three Northern venture capital trusts have launched an offer to raise up to £60m.
Gravis trusts GCP Infra and GCP Asset Backed Income end merger talks
Merger talks between the GCP Infrastructure and GCP Asset Backed Income (GABI) trusts, both managed by Gravis, have been terminated after a number of shareholders expressed opposition to the move.
Matthews Asia unveils three emerging market funds
Matthews Asia has launched a suite of three emerging market UCITS funds, aiming to give investors the “power of choice” over their EM exposure.
Public satisfaction with Bank of England falls to record low
The public’s support for the Bank of England in its battle against inflation has fallen to a record low, as the number calling for interest rates to be cut reaches its highest since the Global Financial Crisis.
UBS mulls first AT1 bonds sale since Credit Suisse takeover – reports
UBS has begun canvassing views from investors over issuing its first Additional Tier 1 (AT1) bond since its takeover of Credit Suisse in March.
Guess that chart
In a flagrant bout of obvious inspiration, for this week’s briefing I’ve decided to take the more analytical route and co-opt someone else’s weekly feature.
ThomasLloyd Energy impact to appoint new investment manager
ThomasLloyd Energy Impact trust will end its investment management relationship with ThomasLloyd Global Asset Management three years earlier than scheduled.