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U.S. investors have ramped up investments in growth funds over the past few months on expectations of higher returns and safety, while they dumped value funds despite cheaper prices after this year's pandemic-linked selloff.
Posted: June 18, 2020, 1:04 pm
The Pensions Regulator (TPR) on Thursday published the framework for the launch of UK pension superfunds, a new structure designed to ease the burden of Britain's 2 trillion pound final salary pension sector on cash-strapped firms.
Posted: June 18, 2020, 6:55 am
Euro zone bank stocks may have never been cheaper, but many long-term investors remain deeply wary of a sector labelled the ultimate 'value trap' after a decade of scandals and underperformance since the financial crisis.
Posted: June 17, 2020, 7:07 am
A whopping 98% of investors surveyed by Bank of America believe markets are "overvalued" after world stocks bounced back from March lows at a record pace driven by government stimulus measures.
Posted: June 17, 2020, 7:05 am
British life insurer Legal & General is planning to issue debt to capitalise on favourable market conditions after seeing an 8% rise in assets under management in the past two months, it said on Tuesday.
Posted: June 17, 2020, 7:05 am
Six asset managers including M&G and Legal & General said they were keeping property funds totalling more than $7.5 billion in assets frozen as valuers continue to struggle to assess real estate due to the coronavirus crisis.
Posted: June 17, 2020, 7:04 am
Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more than sector peers in the six months after completing the deals, a report showed on Wednesday.
Posted: June 17, 2020, 6:55 am
The world's biggest asset manager BlackRock has pumped about 16 billion euros ($18 billion/£14.4 billion) into 810 European companies since the end of January, more than half of them in distress due to the coronavirus pandemic, a source with direct knowledge of the matter told Reuters.
Posted: June 16, 2020, 7:13 am
For years Nomura Holdings Inc has relied on an army of retail salespeople to peddle stocks and bonds to investors sitting on one of the world's largest pool of household savings, generating revenue even in the bleakest of markets.
Posted: June 16, 2020, 7:10 am
Some hedge funds that bet against a series of Greek and Italian companies are nursing losses after the European Union's breakthrough plan for a 750 billion euro (£673 billion) recovery fund sent stock markets surging across southern Europe.
Posted: June 15, 2020, 11:41 am
A stock market that shook off the coronavirus pandemic, economic devastation and sky-high equity valuations was reminded of all three on Thursday, as Wall Street took its biggest dive in three months.
Posted: June 12, 2020, 7:02 am
An increasing number of British companies, trying to conserve cash through the coronavirus crisis, are seeking more time to plug pension scheme deficits, forcing pension trustees to make some tough choices, industry sources say.
Posted: June 11, 2020, 7:06 am
The initial shock of the coronavirus pandemic to Britain's financial system is over, but another sharp repricing of risk is still possible, Bank of England Deputy Governor Jon Cunliffe said on Tuesday.
Posted: June 10, 2020, 7:23 am
Aviva Investors, a leading shareholder in both HSBC and Standard Chartered , said on Tuesday it was "uneasy" about the companies' decision to back a new security law in Hong Kong.
Posted: June 10, 2020, 7:22 am
Goldman Sachs is closing its easy access savings business to new customers in Britain from Wednesday after deposits surged near to regulatory limits during the coronavirus lockdown.
Posted: June 10, 2020, 7:12 am
The U.S. presidential election is re-emerging as a potential risk to markets after a shift in polls that has seen President Donald Trump lose ground to Democrat Joe Biden.
Posted: June 10, 2020, 7:09 am
G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets to better balance investment portfolios during stressful times.
Posted: June 9, 2020, 8:00 am
Hedge funds have started to temper their bullishness towards oil after crude futures prices have doubled since late April.
Posted: June 9, 2020, 6:42 am
Global banks are seeing renewed appetite from wealth management clients to borrow money to buy stocks as markets rebound, bankers said, which comes just months after the strategy burned some investors.
Posted: June 9, 2020, 6:37 am
Have HSBC and Standard Chartered "chosen profits over human rights" in backing China's national security law for Hong Kong, as some suggest? Or does it reflect the tightrope businesses must navigate between Hong Kong's protesters and Beijing?
Posted: June 8, 2020, 6:49 am