JP Morgan American portfolio manager retires after 44 years
JP Morgan American investment trust’s portfolio manager Jonathan Simon is set to retire in early 2025, after 44 years with the company.
JP Morgan American investment trust’s portfolio manager Jonathan Simon is set to retire in early 2025, after 44 years with the company.
Home REIT’s portfolio stabilisation phase is “halfway through”, AEW Europe chief executive officer Rob Wilkinson has said, as the real estate giant eyes the next steps to turn around the fortunes of the embattled investment trust.
The Bank of England’s Monetary Policy Committee has decided to hold interest rates at the current 5.25% in its fifth consecutive move.
Brooks Macdonald has hired ex-Investec Wealth & Investment private client head Alex Charalambous as its next head of wealth, effective 8 April.
Robeco and Gravis Capital Management have collaborated to launch a digital infrastructure fund, offering investors access to a growth and income focused portfolio targeting inflation protection.
The Federal Reserve’s Open Market Committee (FOMC) decided to hold rates at 5.25%-5.5% yesterday (20 March), due to “strong” economic activity in the US.
The board of abrdn Property Income (API) has reiterated its unanimous recommendation of the proposed all-share merger with Custodian Property Income REIT (CREI), arguing net asset disposals conducted in a managed wind-down would achieve lower prices than a selective portfolio sale post-merger.
BNY Mellon Investment Management has partnered with alternative credit specialist CIFC to provide its clients access to US direct lending on its global distribution platform.
Chancellor Jeremy Hunt said the scale of the challenges with the Office of National Statistics’ (ONS) labour market figures is “so big”, that the government should not “hang around” for better statistics.
The Consumer Prices Index (CPI) dropped to 3.4% in February, after stalling at 4% for two months, according to the Office for National Statistics.