Two minutes with… Mark Gee, Associate Director, MRM
This week, MRM’s Mark Gee is under the spotlight as he discusses MRM’s new report on outsourcing to DFMs.
What’s happening
One week of markets in one minute: Bank intervention sends shares back to year high
Intervention by the Bank of England’s Monetary Policy Committee (MPC) to offset an expected downturn in the UK economy dominated markets this week, sending equities to their highest close for over a year.
Comparing DFMs: a tough nut to crack
The implementation of RDR and increased regulatory burden on advisers has led to a sharp rise in the number of firms considering outsourcing to DFMs. Nucleus, for example, conducted some research with around 200 of its users earlier in the year and found that almost half (47%) were looking to increase their use of DFMs in the next 12 months.
One minute markets special: Gilt yields plunge and stocks jump after historic rate cut
The Bank of England today sent fresh shockwaves through markets after announcing a cut in the base rate to 0.25% and a further £70bn of quantitative easing, £10bn of which will be specifically focused on corporate bonds for the first time.
Beer & Bytes episode #24: The death of Confused.com's Brian the Robot and Byron Burger's PR prize
Is anyone else Confused.com about Confused.com’s move to scrap Brian the Robot in favour of James Corden? Well, fear not, because this week’s episode examines the reasoning behind the decision as well as asking how brands should handle the death of their characters.
By Jenny Crossland
SEI Strengthens UK Private Banking Executive Management Team
SEI announced today that it has strengthened its UK Private Banking executive management team with the appointment of Kevin Russell to the newly created role of Proposition Director.
Beer & Bytes episode #23: Acquisition of Yahoo; savings for millennials; Foxtons and VR
Was the recent acquisition of Yahoo a smart move for Verizon and where will core Yahoo users go next? This week the Beer and Bytes team examine the sale of one of the world’s best known content providers. The team also meets one of the founding members of new savings app for millennials, Moneybox, which is due to launch any day now. Charlotte Oates, marketing and product manager, talks us through the tech behind the app and how Brexit might affect fintech in the UK.
By Jenny Crossland
One week of markets in one minute: Rally continues as FTSE 250 closes on pre-Brexit levels
A dip on Friday was not enough to dent the FTSE 250’s progress this week, while the FTSE 100 surged through…
Stagnation Generation: views from a millennial
Could millennials be the first generation ever to earn less than their predecessors? According to a new report by Laura Gardiner at the Resolution Foundation, that is a distinct possibility if current trends continue.
By Phoebe Burrows
One minute markets: Shares climb as risk-off mood eases
Investors snapped up sold-off shares during today’s trading session, with UK equity markets seeing gains across the board while the pound also steadied.
Beer & Bytes episode #20: rise of fraud from social media; Tesco throws shade
This week the team delve into the dark and recessive areas of the internet where fraudsters are stealing people’s identities…
One minute markets: Brexit risks really are crystallising now
UK equity markets moved lower once more today, with US and European shares also weaker, as the risks to the…