daily banking news
- Banking
Platform assets continue to fall despite ‘resilient’ adviser flows
Statistics from the consultancy showed sales across all channels were down by 5.3% on Q1 2022 to total £27.9bn. Net…
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US inflation cools to 8.5% in July
The latest US consumer price index, released by the Bureau of Labor Statistics today (10 August), fell below economists’ expectations…
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Early-stage biopharma: An opportunity for strategic investment
The biotech public market has dramatically outperformed the S&P500 index over the past two decades. Biotech returns have continued to…
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Vontobel’s Hansen drops Adidas for Hermès as a European recession looms
Last month, portfolio manager Hansen sold off the sportswear brand due to concerns over the impact on athletic footwear demand…
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Baillie Gifford US Growth returns drop over 45% but maintains strategy conviction
The trust, managed by Gary Robinson and Kirsty Gibson, moved from a premium of 4% last year to a discount…
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MiFID II meets ESG and EU regulation
But ESG regulatory complacency is unwise at this time. Why? The implementation of MiFID II, involving customer preferences for ESG,…
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Bear market recovery: how long does it really take? – Monevator
How long does it take equities to recover from a bear market? By that I mean not just how long…
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Stock Spotlight: Can Credit Suisse sail through scandal?
Meanwhile, Credit Suisse’s share price has continued to fall, while the firm reported a pre-tax loss of $1.7bn for the…
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Ritu Vohora: Bear market rally or a bullish inflection?
However, with markets still facing a plethora of headwinds, is this just a bear market rally or could it turn…
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Baillie Gifford UK equity strategies suffer low ratings in AoV
Overall, the firm’s fund offering was found to be providing value in terms of quality of service, costs, economies of…
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