IA: Equity funds hit 18-month inflow high in July
Equity funds reached a record £816m in inflows in July 2023, the highest level since December 2021, according to data from the Investment Association.
Equity funds reached a record £816m in inflows in July 2023, the highest level since December 2021, according to data from the Investment Association.
Bank of England governor Andrew Bailey has suggested the central bank may stop hiking interest rates soon.
BlackRock has expanded its range of iBonds ETFs across Europe, extending its range of fixed maturity ETFs to nine funds.
Foresight Technology VCT has launched a new offer for subscription to raise £15m, with an over-allotment facility to raise up to a further £10m through the issue of new Foresight WAE Technology (FWT) shares.
PGIM has appointed Eric Adler, president and CEO of the firm’s real estate unit, to lead its newly-formed private alternatives business.
Emerging markets specialist Ashmore Group has claimed there is “mounting evidence” that sentiment towards the region has turned, despite reporting a 25% decline in revenues over the last year, as AUM dropped 23%.
Shareholders in the Liontrust China fund have turned down proposals to combine the strategy with the company’s Emerging Market fund.
The Treasury Committee has consented to the appointment of Tom Josephs as a member of the Budget Responsibility Committee (BRC), for a term lasting five years.
A group of trade bodies have urged EU legislators to scrap plans to introduce new rules that would force European firms to clear some of their derivatives in European clearing houses.