CashNews.co Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. The author is an independent analyst and a contributing editor of the Financial Times With the third-largest funded pension system in the world, the UK is financial asset-rich. But it is also investment poor. […]
Climate action in fossil fuel sector has ‘stalled’, says report #NewsMarket
CashNews.co This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning, and welcome back to Energy Source, coming to you from New York, where wildfires continue to […]
China borrows almost as cheaply as US in return to dollar bond market #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. China has borrowed almost as cheaply as the US after returning to the global dollar bond market for the first time in three years. Investors placed nearly $40bn of orders to buy […]
European gas prices surge on potential disruption from Russia #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the EU energy myFT Digest — delivered directly to your inbox. European gas prices hit their highest levels in a year on Thursday after Austrian group OMV warned of a potential disruption to supplies from Russia. Futures on the European benchmark, TTF, rose as much […]
French boycott of COP29 lays bare widening divides at UN climate summit #NewsMarket
CashNews.co France has in effect boycotted the COP29 UN climate summit in Azerbaijan after an attack by the host country president, laying bare a divide between the two nations at negotiations where guest lists are dominated by regional neighbours and oil and gas interests have been defended. The top French climate official Agnès Pannier-Runacher said […]
Ukraine’s bonds jump as investors bet Trump will end war #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ukraine’s sovereign bonds have surged in price as investors bet that the incoming US administration will push for a quick end to the war with Russia. The dollar-denominated bonds have risen 12 per cent […]
BlackRock files to launch lower-risk money market fund ETFs #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools BlackRock has filed to launch two money market funds in exchange traded […]
Donald Trump will amplify American exceptionalism and divergence from Europe #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The author is chair of Marshall Wace, a multi-strategy investment manager The US equity market has greeted the US election result with a celebratory run. I share the optimism. On almost every […]
ETFs are becoming an active choice for UK investors #NewsMarket
CashNews.co If the UK goes the way of the US, many adventurous investor types reading this column will, within a few years, be buying actively managed exchange traded funds (ETFs), sometimes instead of actively managed investment trusts. That great British institution — the listed closed-end fund — is under mortal threat from a new product […]
eat or be eaten in UK’s tough fund management industry #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pity the British fund manager. They lack scale, carry bloated cost bases and live with the existential angst of burgeoning alternatives and passive fund industries. UK-domiciled funds notched up net outflows of £31.5bn in […]