In the heady world of mergers and acquisitions, the proposed sale of Transact by its founding members is unlikely to raise any eyebrows. But in the financial services industry, it is a sign that at least one area of the platform market has finally come...
The pension pot at the end of the rainbow
Portugal's €5bn bail-out of Banco Espirito Santo is an idiosyncratic event and Europe is still home to some quality banks, explains Carmignac Gestion's Jean Medecin.
Investors are needing continual confirmation of their convictions in order to stay invested, and this is having an impact on emerging market indices, explains Nick Henderson from Skagen Funds.
There is a worrying level of calmness in markets at a time when risk levels across the board are rising. Investors should be upping cash now, argues M&G UK Growth manager Mike Felton.