UK inflation drop raises questions over rate increase
UK consumer price inflation fell sharply to the lowest rate in a year last month, raising questions over the Bank of England’s (BoE) direction on interest rates.
First Trust launches blockchain ETF
First Trust Global Portfolios has launched what it claims to be Europe’s first blockchain ETF.
Investment | 12 Apr 18
Rathbones deletes Facebook from global fund
Rathbones has removed its entire holding in Facebook from its Global Opportunities fund, with the fund manager saying the company has lost its consumer trust, but several investors continue to have large holdings in the stock.
Investment | 12 Apr 18
Absolute return performs like majority with Q1 losses
Absolute return joined the majority of Investment Association (IA) sectors that failed to deliver positive returns in Q1, with only five sectors making investors money over the period, according to BMO Global Asset Management.
Fidelity steps up passives price war
Fidelity International has stepped up the passives price war with the launch of six low cost cross-border equity index funds and the reduction of pricing on three existing UK-domiciled index funds.