The FTSE 250 recorded its worst daily performance since the UK voted to leave the European Union, after the Bank of England (BoE) highlighted a tougher UK economic outlook while its policymakers were divided over whether to raise rates this month.
The bank's decision to maintain rates at 0.25% was backed by five MPC members. However, three voted for a rate hike to combat rising inflation, which was two more than expected. On the news, the domestically-focused...
Had targeted a £200m IPO
Fund manager poll by the AIC
Partner Insight: Ross Teverson, Head of Strategy, Emerging Markets at Jupiter Asset Management, provides an insight into the Jupiter Global Emerging Markets Fund philosophy, which is centred on identifying companies experiencing 'positive change' in emerging...
Ongoing charge of 0.99%
Marsh to begin working on Income fund in February 2018