UK investors continued to sell out of UK equities, industry data for October shows.

UK investors continued to sell out of UK equities, industry data for October shows.
The clock is ticking for the January 3, 2018, introduction of MiFID II – the revised Markets in Financial Instruments Directive – and the UK’s trade body for pension schemes has issued a guide for members.
Whether viewed as cappuccino-buying money wasters or cash-strapped buyers of iPhones, millennials often stand accused of not saving enough money.
BlackRock has launched an emerging markets short duration bond fund, saying that investors were seeking asset classes with a higher return potential but aiming to mitigate interest-rate risk.
Coutts, the UK’s most exclusive private bank which counts the royal family amongst its clients, has warned that electronic currencies like bitcoin “have nothing but sentiment backing them up” and could be part of a tech bubble that will eventually burst.
The UK government has moved to strengthen the country’s asset management industry by creating centres of excellence and involving more fintech.
Insurance companies expect to increase their asset allocation to passive, active and factor-based strategies, research shows.
Amsterdam-based Kempen Capital Management has hired Charlotte Tyrwhitt Drake as business development director.
Swiss asset management firm GAM has rebranded its GAM Star Alternative Fixed Income fund following a restructuring and change in investment policy.
Asset managers are most likely to incorporate environmental, social and governance (ESG) into their US equity and global equity strategies, research has found.