Could the US government be facing another debt ceiling shut down? Portfolio Adviser reports concerns from a US thinktank that this may be the case. For market watchers, US Treasuries falling due this autumn have already been affected.
But perhaps the extreme floods affecting Huston will encourage US politicians to pull together.
J.P. Morgan’s Pete Aspbury asks whether European high yield bonds are the place to sit out the rising interest rate environment.
Morten Nilsson has left Now: Pensions as the organisation grapples with admin issues which have met with the disapproval of the Pensions Regulator.
Threesixty’s Mike Kennedy considers what investments meet the MiFID II definition of independence.
Fund House’s Rory Maguire asks why firms are not clearly competing on either price or value.
Nine in ten people have no plan to mitigate IHT says Drewberry Insurance.
Portfolio Adviser’s analysis asks why do we still seem to be sticking to the EU rules and why therefore are advisers having to comply? The quoted lawyer from Osborne Clarke gives the answer.
Canada Life buys Retirement Advantage as the number of annuity providers shrinks dramatically.
Openwork hits £5bn in its Omnia range though whether as the headline suggests it has really created an SJP copycat range or more fairly has merely copied elements of the strategy is one for readers to debate.
Petrofac’s chief executive Ayman Asfari is to dispute a euro 300k fine from the Italian government over insider trading. Interesting challenge to his reputation among investors if he doesn’t get this reversed.
