Perhaps reluctantly, the world’s big central banks seem to be leaning toward a short, sharp policy squeeze in the hope they can back off quickly once they’ve made that mark. The Bank of England’s quarter-point interest rate rise – the second time since December – was widely forecast amid mounting pressure for it do something …
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Funds channelling investment into UK companies suffered their worst month on record in January, with another bout of selling pushing total outflows past their previous high following the Brexit vote. Data from Calastone, which tracks money entering and leaving funds from financial advisers, fund supermarkets and wealth managers, shows net sales of £795m for UK-focused equity …
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The City of London Corporation has unveiled a new campaign to promote the UK as a “leading global investment management centre”. In conjunction with the Investment Association and the Department for International Trade, the Corporation has launched the Global Investment Futures campaign. The campaign, which is supported by KPMG, focuses on the UK’s success in the …
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Credit rating agencies need to improve how they refer to environment, social and governance factors in their ratings used by investors to direct huge sums into sustainable funds, the European Union’s securities watchdog said on Thursday. In the first half of 2021, assets in EU sustainable funds rose by 20% to 1.5 trillion euros, with …
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European stocks opened slightly higher on Tuesday, the dollar eased and gold was just below an 8-month high as investors remained focused on the risk of Russia invading Ukraine. The United States said on Sunday that Russia could invade Ukraine any time, a prospect that has prompted investors to sell riskier assets so far this …
Continue reading "European stocks pick up, dollar slips while investors focus on Russia-Ukraine"
