City of London Corporation run taskforce appoints 30 cross-sector leaders
Protectionism and ‘strategic autonomy’ concerns are on the rise
Shareholders urged to ask questions where staff are furloughed but high earners escape unscathed
As Brexit looms, the Investment Association has called for a deal that protects UK asset managers
February was a dismal month for markets around the world and UK and European equities took a particular hammering. Have the asset classes lost their appeal?
Bookmaker William Hill cut its odds for Britain to vote to remain in the EU to 1/5 yesterday, implying a probability of just 15% for Brexit to occur. Nevertheless, fund managers remain seriously worried it might well happen.
£963m (€1.3bn) flowed out of UK equity funds on a net level over the month, compared to an average of £238m in inflows across the previous 12 months, while Europe ex-UK funds topped the best-sellers list with £663m in inflows compared to an average of £11m per month for the previous 12. “The last time […]