A series of key meetings for central banks this week – including the monthly update from the European Central Bank – combined with weak economic data, panic over North Korea’s nuclear test, and struggling commodity stocks to push markets into the red for the week.
It is widely believed that there is a savings gap in the UK, with respected firms voicing concerns that the general population faces hardship in retirement by failing to make adequate savings provision.
To explore this issue, MRM gathered together a group of key experts from across the industry, who considered the role of the workplace in improving this state of affairs together with the industry’s ability to meet this growing crisis.
It is not surprising that the ECB did not cut rates further due to the unclear risk/ reward of having more negative rates. However, the ECB has tasked committees to evaluate stimulus options, which is laying the groundwork for a December policy move if necessary.
WisdomTree, the exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor, has named Morgan Lee as its Head of Distribution for WisdomTree’s European operations.
Markets surged on Friday after poor US jobs data dampened expectations that the US Federal Reserve will raise rates in the near term, with the FTSE 100 reaching a two-week high after climbing more than 2%.
As it’s summer, we take a slight break from our usual programming and grill Jim Powell, author of best-selling novel, Trading Futures, on finance, Brexit and summer reading recommendations for those who work across financial services.
Markets took something of a back seat this week with all eyes focusing on the central bankers meeting in Jackson Hole, but by Friday – the day of the long awaited speech from the Fed – little had changed, with no timescales set for further rate hikes.
Allfunds is Europe’s largest mutual fund platform. In selecting Allfunds, SEI sought to appoint a provider that has flexible, agile and scalable client servicing capabilities. During the selection process, Allfunds demonstrated the ability to adapt and update its technology to meet the ongoing challenges and opportunities of the changing market.
Oil surged and the pound sunk this week, amid a more lacklustre five days for equity markets as investors held back ahead of a crucial US central bank announcement next week.
MRM has just launched its probe into the state of corporate sponsorships in financial services, The Death of the Chairman’s Whim. What’s it all about? We put the hard questions to cat-loving digital guru Michael Taggart
Markets continued their seemingly relentless march higher this week, with blue chips testing multi-month high,s as investors continued to opt for equities amid stronger data from the US.
Financial advisers are missing out on the potential new business benefits of sponsorship according to a national survey compiled by financial services PR consultancy MRM.