Sustainability investing: what does the future look like? January 5, 2021 | City Talk ‘Future of Sustainability in Investment Management: From Ideas to Reality’ is a newly published CFA Institute report. The 60-page publication was informed by the views of more than 7,000 industry participants, including 3,500+ retail investors, 920+ asset owners and 3,050+ investment practitioners. Research included virtual roundtables across 31 markets. Here we summarise its findings. The [...]
Investor Central: Funds to keep an eye on in 2021 January 4, 2021 Following an unpredictable 12 months, investors are turning their attention to opportunities in 2021. Square Mile-based Tom Stevenson, investment director for personal investing at Fidelity International, shared with City A.M. what his fund picks are for 2021. “None of us possesses a crystal ball. However, as I put my picks together at the end of 2020, investors [...]
Sunday Talk: Mark Ridley, CEO of real estate giant Savills January 2, 2021 In a wide-ranging interview, City A.M. discusses fundraising challenges, Brexit and the shift to home working with Mark Ridley, who has been the group CEO of Savills since 2019, the London-based, LSE-listed real estate services giant which had a revenue of £1.93bn in 2019 and currently employs around 40,000 people in the UK and across Europe. The [...]
BlackRock: Sustainable investments to accelerate in 2021 as ESG focus intensifies January 2, 2021 The global health and economic challenges of 2020 have not slowed investor demand for sustainable investing, a new BlackRock survey has found. In fact, investors plan to double their allocations to sustainable products over the next five years, and 20 per cent said that the pandemic would actually accelerate their sustainable investing allocations, according to [...]
Control or catastrophe? Farage, fortune, freedom and a £199 subscription December 22, 2020 For the small price of £199 a year, promises Nigel Farage, you can “take back control” of your finances. Gold, real estate trusts, even a crypto revolution – all are tickets to an independent financial future, all stamped with the Brexit Party founder’s seal of approval. Or, at least, that’s the idea. But the jury [...]
Gold remains relevant as COVID-19 vaccine sees markets rally December 21, 2020 | Sponsored 2020 has been the year of uncertainty, and this has seen the price of gold reach record highs. How have US election results and news of a COVID-19 vaccine affected gold’s performance, and what’s next? Markets regained a sense of status quo after the result of the US election and assurance that Joe Biden will [...]
Time’s Up on financial silence: How to break the taboo on female investing December 18, 2020 The past few years have seen the overdue crumbling of long-held taboos that women have had to endure for decades. First, movements such as #MeToo and #TimesUp exposed the magnitude of the sexual violence faced by women. Then #MeTooPay uncovered discrepancies in salaries that have fueled the fight for pay equality. And after November’s election, [...]
Trading platforms flying high on back of pandemic December 16, 2020 Trading platforms have reported record profits as more people stuck at home during lockdowns took a gamble on the stock markets.
FTSE100 company disputes could cost £13.8bn December 14, 2020 Tax disputes with tax authorities globally could cost FTSE100 companies £13.8bn, research by Thomson Reuters shows. This figure Includes £11.7bn in extra tax related to disputes that the companies believe they will ultimately win, however, the FTSE100 set aside £2.1bn to cover the costs of these disputes last year. In total FTSE100 companies were involved [...]
Vaccine optimism spurs near-record equity inflows December 9, 2020 The long-awaited announcement of effective vaccines saw investors pile back into equity funds last month at a near-record level. Renewed optimism among investors saw a net £2.3bn added to equity funds, according to fund network Calastone’s latest data. It is the second highest month of inflows on record after April 2020 when investors welcomed coronavirus [...]