As regulators attempt to place more controls on short positions, analysis shows interest in UK banks is on the wane
Managers say low return on cash and search for yield will support fixed income market
James Smith's Ignis Global Growth fund tops IMA Global Growth sector over one year with returns of 50.7%, against 21.3% sector average
Industry veteran believes the case for equity income will return in line with dividends this year
Brazil's largest bank is considering buying stakes in UK giants Royal Bank of Scotland and Lloyds Banking Group, according to The Sunday Times.
There has rarely been a dull moment this year. A 20% fall in the UK equity market by early March has given way to close to a 50% bounce.
Sales of UK life and pensions have slumped across the board as consumers limit insurance and savings to focus dwindling disposable incomes on debt.
Highly-regarded UK fund managers Mark Lyttleton, Tony Nutt and Martin Gray have taken a stake in new property vehicle LXB Retail Properties.
BNY Mellon Asset Management has completed the acquisition of Insight Investment Management from Lloyds Banking Group for £235m.
Rathbones has agreed to acquire up to £1.27bn in private client funds from Lloyds Banking Group for a cash consideration expected to be about £35.4m.