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.
The International Monetary Fund has warned against the effects of reining back asset purchases by the European Central Bank, as the ‘Draghi put’ sees its fifth anniversary.
Britons stunned the world on the 23rd of June 2016 by voting to leave the European Union after 43 years of mostly troubled marriage. However, freedom comes at a price. Robeco’s chief economist Léon Cornelissen assesses the likely impact of Brexit on the UK economy.
Whatever the outcome of the Brexit process now under way, the shape of the asset management industry in Europe is set to change substantially, a report by the CFA Institute has found.
ECB president Mario Draghi stopped short of announcing a gradual reduction of the central bank’s monthly asset purchases from its current size of €60bn. But markets are convinced tapering will start next year. The question is just which approach the ECB will take. ABN Amro’s head of financial markets research Nick Kounis looks at three…
