Woodford makes move against bonus culture
Neil Woodford has thrown down the gauntlet to the fund management industry by scrapping bonuses at his self-titled firm.
Parallel distribution – the model for a post-Brexit world
Legg Mason’s head of product strategy, Jaspal Sagger, and Justin Eede, the company’s head of insitutional sales, are confident their ‘parallel’ distribution and product strategies will help them navigate any hazards these uncertain times may bring post-Brexit.
Macro Views | 19 Aug 16
BoE’s monetary magic isn’t working for investors – Psigma
The Bank of England’s efforts to soothe the post-Brexit economy are discouraging savers from spending and pushing them into riskier investments, warned Psigma chief investment officer Tom Becket.
North America | 19 Aug 16
US Olympic, Paralympic winners may get victory tax reprieve
US athletes could be on track to see their Olympic and Paralympic gold, silver and bronze medals shine more brightly with Congress expected to make tax breaks for winners a ‘top priority’, according to media reports.
Emerging Markets | 19 Aug 16
EM currencies set to strengthen – NN Investment Partners
Emerging market currencies are set to strengthen even further despite the significant appreciation from lows this year, said NN Investment Partners.