Decoding the ECB ‘disappointment’
European Central Bank president Mario Draghi disappointed markets on Thursday. While the bank delivered a 10 basis point cut to the deposit rate to an historic -0.3%, and extended the deadline of its asset purchase programme by six months, it kept the main refinancing and marginal lending rates steady at five and 30 basis points respectively.
Alternatives | 2 Dec 15
Schroders’ Brookes warns on property valuations, bond market liquidity
Property valuations are close to if not at peaks in the view of Schroders head of multi-manager Marcus Brookes.
Tilney planning range of smart beta, multi-asset funds
Tilney Bestinvest plans to launch a range of smart beta, multi-asset funds in 2016.
Schroders says segmentation rise could spark vertical integrator push
Investment IFA fees are creeping up and smaller clients are increasingly being shown the door according to the Autumn/Winter 2015 Schroders Adviser Survey.
Aberdeen shares drop on larger-than-expected outflows
Shares in Aberdeen Asset Management were as much as 4.6% lower in morning trade as the firm released full year numbers slightly below analysts’ expectations.