Can you trust AI to pick the best stocks? Analysis There have been a series of papers published recently that showed that large language models have their own biases when making investment recommendations. I have previously written about the kind of biases displayed, while this study has looked at the particular biases of different commonly used models. Fair enough, but what if I tell you [...]
St James’s Place funds hit record high on market boost Investing St James’s Place said its funds under management hit a new record high in the third quarter as market performance offset a rise in the number of customers pulling their cash from of its funds. Funds under management (FUM) increased 14.2 per cent to £242.4bn, which the firm credited to an improvement in its margket [...]
Pension reform means Brits don’t have to wait for billionaires to give them shares Opinion American children may be being given SpaceX shares, but UK pension reforms means Brits can access superstar companies through their savings.
FCA sounds the alarm on rise of unregulated AI financial advice October 19, 2026 The City watchdog is calling on AI providers to go further in protecting consumers as more people turn to the technology to make financial decisions. The Financial Conduct Authority (FCA) is urging AI firms to do more to help consumers who are increasingly relying on generic platforms and chatbots, such as Gemini and Chat GPT, [...]
Money market funds surge in popularity as investors grapple market volatility October 7, 2026 Money market funds roared back to popularity last month, as investors continued to shun equities amid ongoing market uncertainty. UK investors allocated capital to money market funds in favour of stocks in a bid to ride out the ongoing economic and geopolitical tensions rocking financial markets. The funds attracted £417m of inflows in September, marking [...]
The era of ‘easy money’ is over, warns Carmignac boss October 6, 2026 Star stockpicker Edouard Carmignac has urged investors to stop buying into passive funds as rising interest rates signal the end of ‘easy money’. The veteran fund manager, who co-founded asset management house Carmignac in 1989, warned investors that staying in passive funds risks exposure to struggling, debt-heavy companies. Rising interest rates force passive funds, which [...]
As it happened: Oil price rise boosts Shell and BP, FTSE 100 rally fades September 23, 2026 Good morning from the City desk at City AM. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load more
Energy costs and rate hikes to weigh on growth September 21, 2026 The UK economy is forecast to grow in 2026, but rising energy bills and higher borrowing costs will weigh on activity in the second half of the year. The economy is set to grow 1.3 per cent this year, according to KPMG’s latest economic outlook, after household spending was “supported by warmer weather” while businesses [...]
Investec’s South Africa surge offsets cooling UK performance September 18, 2026 Investec doubled down on its full-year targets today after a surge in activity in South Africa helped offset a slump in the UK. The FTSE 100 lender projected earnings per share to land between 41.7p to 43.3p, a three per cent to seven per cent rise from the prior year. The growth projection was largely [...]
Why investors shouldn’t rush to buy the next blockbuster IPO August 26, 2026 IPOs get investors frothing at the mouth, yet the evidence suggests they should be viewed with greater caution, writes Yves Bonzon.