PIMFA has argued that the Financial Conduct Authority’s (FCA) proposals to align UK regulation for fund managers and discretionary investment managers pose a material threat.
Fund administrator Apex Group has expanded its management company (ManCo) business in Ireland and Luxembourg through acquisition.
M&G Wealth has launched the full PruFund range of funds on its £15.6 billion investment platform.
The proportion of UK investors prioritising ESG issues has dropped over the last two years, with more than half now placing pure financial returns above sustainability, according to Charles Schwab.
More than eight in ten European alternative fund managers remain optimistic about fund launches and capital raising over the next 18 months, according to Ocorian.
Gold is expected to reach new all-time highs by year-end 2023, driven by safe-haven demand and monetary shifts, according to WisdomTree.
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