Mirabaud’s John Plassard: What a ‘Harris trade’ would look like
Following US president Joe Biden’s withdrawal from the presidential race, many Democrats, including Biden himself, have rallied behind the country’s vice president Kamala Harris.
Following US president Joe Biden’s withdrawal from the presidential race, many Democrats, including Biden himself, have rallied behind the country’s vice president Kamala Harris.
Protectionism is set to dominate future trade relations between the US and China as a “new world order” leads to greater domestic reliance and separate trading blocs, experts argued.
Chancellor Rachel Reeves is expected to reveal a roughly £20bn hole in the government spending for public services on Monday (29 July), as rumours of tax rises in her Autumn Budget continue to swirl.
The Financial Conduct Authority has outlined a package of proposals to replace the existing UK prospectus regime with a “more efficient and effective” fund raising framework to boost the capital markets.
Supermarket Income REIT (SUPR) has completed a £170m refinancing through its first private placement debt issuance and a new unsecured bank facility.
Equity markets have yet to price in the risk of an inflation resurgence if Donald Trump re-claims the US presidency this year, Amundi’s chief investment officer Vincent Mortier has said.
Venture capital firm Molten Ventures has launched a £10m buyback programme following a string of realisations from its portfolios.
The US economy rose by an annualised rate of 2.8% in the second quarter, marking the largest quarterly increase this year.
Chancellor Rachel Reeves has cautioned that “difficult choices” on tax rises lie ahead as strains on public finances, public sector pay disputes and overcrowding in prisons dominate the political zeitgeist.
Boutique fund house Havelock has retained its spot as Square Mile’s Academy of Funds’ most viewed active fund and group by advisers in the second quarter of 2024.