Bank of America forecasts no rate cuts for UK until 2025 due to ‘entrenched inflation’
Bank of America has predicted the Bank of England will not be able to cut interest rates until after 2024.
Bank of America has predicted the Bank of England will not be able to cut interest rates until after 2024.
The People’s Bank of China has brought in new rules to support the country’s currency, as policymakers ramp up efforts to push China out of its soft period of growth.
US unemployment rose to 3.8% in August, coming in above expectations that it would remain steady at its historic low of 3.5%.
Castlefield has hired James Buckley as lead manager of the CFP Castlefield Sustainable European fund, effective from today (1 September).
The board of the ThomasLloyd Energy Impact trust will face a removal vote at a second requisitioned general meeting in a month, as the investment manager continues its tussle with the directors despite investors supporting the board’s stance on a continuation vote.
The global ETF market has tripled in size over the past six years, and which most global executives believes will exceed an immense $18trn in assets as soon as 2026.
John Bennett, director of European equities and portfolio manager of Janus Henderson Continental European and Pan-European long-only and long/short strategies, is set to retire from Janus Henderson Investors and the asset management industry in August 2024.
In the wake of the 2008 Global Financial Crisis, lots of companies in the Private Equity sector experienced balance sheet issues resulting in them trading on very wide discounts to net asset value
BNY Mellon Investment Management has launched a new multi-asset moderate fund, managed by Newton Investment Management’s Paul Flood.
Allianz Global Investors has hired Hartwig Kos as head of multi-asset fundamental investing, effective from September 2023.