‘It’s hard to call the peak’: Wall Street banks land $22bn trading haul Banking Traders at Wall Street’s biggest banks kept their blockbuster winning streak alive in the third-quarter as they made hay on volatility triggered by the war in Iran and swinging AI stocks. Equity trading divisions at the big six US banks – JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and Wells Fargo – [...]
Equity fund exodus as market highs ‘running on fumes’ Markets Equity fund outflows hit a fresh record in the third quarter despite leading share indices reaching market highs, fresh data has revealed. Investors pulled £3.64bn from equity funds in the three months to the end of September, according to figures compiled by global funds network Calastone, representing the worst three-month outflow on record. That included [...]
What the US tech investments tell us about the UK’s public markets Markets There was some debate in the City AM newsroom on Tuesday over which story should grace the front page yesterday. On the one hand, news of £30bn worth of tech investment offered the kind of optimism we’re always looking out for, but on the other hand news came that global fund managers were pulling out [...]
Investment industry shuns US stocks amid Trump tariff threat April 2, 2025 Investors are finally pulling back from US stocks amid uncertainty over president Donald Trump’s looming tariffs and potential for better gains in Europe and the UK. A survey of investment management CIOs from Asset Risk Consultants (ARC) found that a third of wealth managers slashed exposure to the US throughout the last quarter. Sentiment among [...]
US investment giant: This isn’t a repeat of the dot-com bubble March 26, 2025 With the recent dip in US tech stocks coinciding with the 25th anniversary of the dot-com bubble’s peak in March 2000, many investors are worrying that history is set to repeat itself. Indexes of US ‘mega cap’ stocks have fallen 6.7 per cent this year, underperforming all other market sectors, according to data from US [...]
UK investors up home bias in exodus from US stocks March 18, 2025 British investors continued upping their ‘home bias’ for UK stocks over the last year while withdrawing from US equities, reacting to fears of a global trade war and faltering US economy. Average UK allocation increased from 19 per cent to 21 per cent over the past year, whilst US holdings fell from 45 per cent [...]
Global investors flee the US and return to UK stocks March 18, 2025 Global investors have fled US stocks at their fastest rate on record in favour of UK stocks, making their highest allocation to British equities since June 2021. UK equities were the third most overweight sector from global investors this month, beaten out only by utilities and banking stocks, Bank of America’s latest Global Fund Manager [...]