European Central Bank (ECB) president Mario Draghi was again tight-lipped on tapering following the bank’s latest policy meeting, but industry figures remain confident the ECB will roll back the pace of asset purchases from next month.
More than a quarter of businesses are struggling to prepare for Mifid II ahead of the January 2018 deadline, a new survey from communications firm Teleware has found.
Just a few months ago, market watchers were convinced the ECB would soon announce a start to reducing its asset purchases. But even though the European economy has since powered ahead, it now looks unlikely that a detailed tapering announcement is due.
Carbon prices will have to increase exponentially over the coming decades if we are to meet the minimum target of the Paris Climate Accords.
The legislative barriers restricting the cross-border distribution of funds across Europe have to be removed and replaced with harmonised rules at EU level, the European Federation of Financial Intermediaries and Financial Advisers (Fecif) says.
The damage caused by hurricane Harvey will dampen GDP growth to an extent that will force the Fed to forget about hiking rates further this year, it was claimed.
Asset managers are seeing their margins being eroded because remuneration paid to fund managers and analysts is increasing while management fees are coming down, research has found.
The euro has reached multi-year highs against all other major currencies this week after ECB-president Mario Draghi gave a blank speech at the Fed’s Jackson Hole meeting.
The time has come to offer investors a fairer deal and drop fixed fees for performance-based charging, Morningstar’s head of global manager research Jeffrey Ptak has said.
You often hear the old adage “it’s different this time”, but 10 years on from the start of the global financial crisis, are we actually at risk of repeating the same mistakes?
Sterling has fallen to its lowest point against the euro since December 2009 following the Bank of England’s (BoE) decision last week to keep rates unchanged.
Support for the euro has climbed to its highest level since 2004, with 73% of the population of the eurozone now supporting the common currency.
