Could normalising monetary policy spell the end for fixed income?
Market volatility has dropped to lows not seen since before the financial crisis, prompting expectations of a sharp spike, but some strategists suggest it could remain anchored for years to come.
BNY Mellon Asset Management has hired Fergus McCarthy from Investec Asset Management as head of advisory, as it restructures its management team after the recent exit of Scott Goodsir, Investment Week understands.
Active fund managers must rise to the challenge of a rotation into FTSE 100 stocks after years of outperformance, wealth managers have warned.
Investec is planning to switch Alastair Mundy and David Lynch's £100m Capital Accumulator fund from a zero dividend fund into a high conviction stock-picking portfolio, Investment Week understands.