Investment
Environmental investing is suffering an identity crisis
More than £1bn of retail money flowed into ethical funds in 2017, representing the highest annual level of sales for this type of fund ever, but the sector’s progression is stifled by an identity crisis.
Foreign managers to take 25% of China’s market – report
Global asset managers are expected to hold 25% of China’s mutual fund industry assets within a decade, due to regulatory changes and the competitiveness of the foreign firms, according to Shanghai-based consultancy firm Z-Ben Advisors.
Alternatives | 14 Feb 18
European watchdog warns of investment fund ‘fire sales’
Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board (ESRB) has warned.
Investment | 13 Feb 18
Bank of England likely to hike sooner with inflation at 3%
Consumer price index (CPI) inflation remained at 3% in January, defying the consensus view that it would marginally dip to 2.9%.
Offshore companies own a big chunk of UK real estate
Offshore finance centres are home to thousands of companies that own nearly 100,000 properties in England and Wales, with the British Virgin Islands (BVI) and the crown dependencies leading the pack.