Morningstar: Time to end fixed fund fees
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.
Analysis
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ANALYSIS: Are we heading for a repeat of 2008?
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?
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Pound at fresh lows against euro after BoE decision
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.
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Popular support for euro rises to 13-year high
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.
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IMF warns against premature ECB-tightening
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.
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OPINION: Uncertainty abounds for Brexit Britain
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.
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Europe’s fund industry facing dispersal as Brexit looms
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.
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QE tapering – three options for the ECB
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…
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Investors not expecting a hawkish Draghi at ECB meeting
Industry experts are not expecting the European Central Bank to tighten monetary policy at its next rate meeting, despite Mario Draghi’s hawkish mood of late.
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EU warns regulators to prevent ‘letter box’ investment firms
A European watchdog has urged a crackdown on investment firms setting up ‘letter box’ entities across the continent in the wake of the Brexit vote.
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Asset managers urged to transform as profits fall
Asset managers will have to transform in order to survive, according to a new report which revealed industry revenue and profits fell for the first time since 2008.
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EU could force finance staff to move post-Brexit, JPM chief warns
The chairman and chief executive of global investment bank JP Morgan Jamie Dimon has warned it is decisions made in the European Union not in the UK that will determine if thousands more jobs move from London to other European centres in the wake of Brexit.