Risk aversion is ‘endemic’ in UK, pensions chief warns June 13, 2023 The UK is in the grip of “endemic” risk aversion when it comes to investment, a pensions chief executive has warned yesterday. Tracy Blackwell, chief executive of Pensions Insurance Corporation, said the country needed to embrace the risk of the markets and look to divert capital into more productive areas of the economy. “How we [...]
London bias ‘baked into’ system as MPs warn UK can no longer ‘fly blind’ on attracting foreign investment June 9, 2023 The Government is not doing enough to encourage foreign investment into areas of the UK outside London and the South East, MPs have warned. An economic bias remains “baked into” the system, leaving barriers to the levelling up agenda, the Commons Public Accounts Committee said. The group has told the newly formed Department for Business [...]
Spectacular froth in AI stocks, says top City strategist May 31, 2023 One analyst believes artificial intelligence represents the 'madness du jour' on global stock markets amid valuation spikes
Private funds expect incoming ESG regulations to boost sector – but UK will trail US and EU May 30, 2023 Private investment firms in the UK think incoming ESG regulations will boost sector but funds worry divergence from global norms could harm progress. According to research from PwC, 59.1 per cent of Limited Partners (LPs) and 58.0 per cent of General Partners (GPs) surveyed believed incoming regulations in the UK targeting ESG would have a [...]
AJ Bell’s cashflow falls as cautious investors dip their toes back in the market April 20, 2023 Retail investment platform AJ Bell recorded a slowdown in the amount of cash flowing onto its platform in the first three months of the year even as customers bumped upwards, in a sign DIY investors are edging back into the market.