'Any other decision would be a major surprise to markets': Chances of a May rate hike falls to just 8%
The market expectations of an interest rate rise in May has fallen 90 percentage points in one month following weaker-than-expected GDP data, lower inflation and Bank of England governor Mark Carney's comments that it was not a "done deal".
Investors that bought up Lehman Brothers debt at reduced prices following its collapse ten years ago are set to see a windfall as PwC, which was charged with winding up the firm, prepares to ask a court to approve its plan to compensate the former creditors.
Seneca Investment Managers has expanded its investment team with the appointment of Amundi Asset Management's Gary Moglione as fund manager.
INDUSTRY VOICE: Despite market volatility in Q1, BB Biotech performed very well with an overall return of 8.8% in CHF. Several large biotech companies are currently trading below their fundamental value,and offer an attractive entry level for investors.
Hermes Investment Management has expanded its fixed income team with the hires of Stephan Michel and Andrew Lennox, as senior portfolio manager and asset backed security portfolio manager respectively, in its London office.
President Donald Trump has decided to make China his first target in his trade war.
Much gnashing of teeth has accompanied the 10-year Treasury yield through the psychological 3% mark recently, but there is a far more important number in financial markets to watch - and it is a relatively less exciting 2.5%.
In a seemingly more politicised and less certain world, investors are being forced to revisit areas they may have previously steered away from.
There has been a lot written on the changing consumer world and how digitalisation has started to reshape it.
Australian banking group Macquarie has cut the number of analysts it employs within its European division in response to MiFID II requirements forcing investors to pay for reports and analyst reports.
Ahead of the Bank of England meeting on Thursday 10 May, Aberdeen Standard Investments' co-chief executive Martin Gilbert reflects on how economics have changed since rates were as high as 11%.
Old Mutual Global Investors (OMGI) has held onto the top spot in the latest Pridham Report but could fall down the rankings once the business separates from its multi-asset arm later this year, the report said.
Fidelity has switched the strategy of the Euro Blue Chip fund to a best ideas portfolio driven by analyst stock selection.
Janus Henderson Investors has strengthened its European equities team with the hire of analysts Tom O'Hara and Tom Lemaigre.
In the latest in our series of catch-up interviews with some of the industry's key Investment Influencers, Investment Week talks again to Lucy Walker of Sarasin & Partners.
Investment Week looks at the ten most purchased funds during April, according to AJ Bell Investcentre.
INDUSTRY VOICE: After a number of years in which central banks were more concerned with fighting the risks of deflation, several signs point to a higher inflation environment in the US.
Virgin founder Sir Richard Branson is to become a partner in a private equity fund investing in consumer goods.
The asset management taskforce set up by the government met on Thursday to discuss how to protect the sector from the impact of Brexit.