Retail investors return to markets in November but UK remains unloved
Retail investors in the UK flocked back to markets in November 2023, reversing the flight to safety witnessed in the previous months.
Retail investors in the UK flocked back to markets in November 2023, reversing the flight to safety witnessed in the previous months.
Liontrust equity analyst Emily Barnard has been promoted to deputy manager of the Edinburgh investment trust, working alongside new lead manager Imran Sattar from 6 February.
Scopic Research, the multi-asset research consultancy, has added five BNY Mellon and four Downing Fox funds to its Multi Asset DNA research service for intermediaries.
Markets remain bullish on the prospect of several cuts to interest rates from the Federal Reserve this year, despite US CPI coming in above expectations.
Manager of Artemis SmartGARP’s fund range Peter Saacke is retiring from the fund management industry to revisit his teacher training with the hopes of becoming a maths teacher.
Lazard Asset Management has expanded its global sustainable equity investment team with Evie Paterson joining as a portfolio manager and analyst.
Real estate investment trust LXi has agreed to a recommended all-share merger with LondonMetric in a deal valued at £1.9bn, creating an enlarged UK REIT with a combined £6.2bn portfolio.
The US financial watchdog has doubled back on its previous disapproval of passive bitcoin products and approved the application of 11 spot bitcoin ETFs for the first time.
Hargreaves Lansdown has removed the abrdn Asia Pacific Equity fund from its Wealth Shortlist, after meetings with the managers failed to reassure concerns about the fund’s lacklustre performance.