Schroders and Aviva Investors CEOs have warned of the dangers of the Senior Managers and Certification Regime (SMCR), which they said could enhance the hierarchical structure within asset management and lead to decisions being made by senior management who do not have the same specialist knowledge in a particular field as employees in the levels below them.
Speaking at the Investment Association's Culture In Investment Management event, Peter Harrison and Euan Munro said there would be a number of "unintended consequences" from the incoming regulation. ...
Retail companies could exceed expectations
Debt has become the opioid crisis of the global economy.
Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.
There is something strange going on in Europe according to some commentators - the market has rallied aggressively post the trade war-induced sell-off in the fourth quarter of 2018.
We expect to see continued market volatility and macroeconomic uncertainty in the UK throughout 2019, not least due to Brexit.