Up to 90% of global financial services firms in a survey said they planned to expand operations in the UK in 2022, according to an EY UK attractiveness report. The spike revealed the highest level of investor confidence seen in the region since the consultant began its attractiveness analysis. According to Funds Europe, “financial services firm are …
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U.S. public pension funds will likely have to switch to more aggressive investment strategies in the coming years to fill funding gaps despite assets held by sovereign investors having grown to record levels amid the 2021 equity market boom, a new report said. On average, the difference between assets and liabilities at U.S. public pension …
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European stock indexes faltered on Friday, despite strong Amazon earnings, while a sell-off in bonds briefly pushed Germany’s 5-year yield positive for the first time in four years after the European Central Bank was more hawkish than expected. Asian equities held firm overnight after better-than-expected earnings from Amazon, in contrast to the heavy selling on …
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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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