Fund managers love polls because they reckon they tell you something about the real economy. Yet almost every piece of research from a financial services company does the complete opposite.
The Easter period is what us journos call ‘slow news’ time, so more companies come out with their infernal self-serving surveys. They either state the obvious, tell you absolutely nothing, or are a way of promoting a product or service. My current favourites range from the Bank of Cyprus, through to a loans company, and Santander. According to the Bank of Cyprus, UK owner-managed businesses are sceptical or unaware of the benefits of the government’s new Employment Allowance, which launched on 6 April. Has that piece of ‘news’ changed your life? No, mine neither. Loan company...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
