CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealth manager St James’s Place has handed a £5.2bn fund to Schroders after ousting investment manager Impax, which sent shares in the sustainable fund group tumbling. SJP, the UK’s largest advisory group, will give […]
Asset managers turn to defensive positioning as equity prices soar #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Asset managers overseeing trillions of dollars are cautioning clients to take a defensive position heavy on bonds in the face of rising equity prices and the expectation that the Federal Reserve is increasingly unlikely […]
AI set to fuel surge in new US gas power plants #NewsMarket
CashNews.co The US is on the cusp of a natural gas power plant construction boom, as Big Tech turns to fossil fuels to meet the huge electricity needs of the artificial intelligence revolution — putting climate targets in peril. As many as 80 new gas-fired power plants will be built in the US by 2030, […]
Class of 2025? The IPO hopefuls that could revive London #NewsMarket
CashNews.co This year is a crunch year for the London market. Nearly four years after Lord Hill’s review of UK listing rules kick-started reform efforts, the stock market remains in the doldrums. New companies listing in London raised the least amount of money on record in 2024, at just £737mn according to Dealogic data, underscoring […]
Pension managers urge UK to ditch ‘megafund’ scale test #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. UK pension managers have objected to government plans to force the creation of a series of ‘megafunds’, arguing it could stifle competition and hamper investment returns. Fund managers say that the government should focus […]
An out-of-the box idea for China and Trump #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 writer is a former US Treasury official and US chair of Official Monetary and Financial Institutions Forum The tensions between US and China are palpable. Washington is filled with China hawks and […]
BlackRock’s latest green climbdown #NewsMarket
CashNews.co Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let […]
The US labour market is not cooling #NewsMarket
CashNews.co This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Yields are up and prices are down on government bonds across the developed world. US Treasuries yields […]
Shares decline as robust US data weighs on sentiment #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asian stocks fell across the board on Monday as investors updated their projections for “higher for longer” interest rates after strong US economic data last week. Equities in Australia, Hong Kong, mainland China, India […]
British Steel blunder forced Scunthorpe blast furnace closure #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British Steel was forced to close one of its two blast furnaces at Scunthorpe last year after using the wrong kind of coal, in the latest sign of the crisis enveloping the Chinese-owned group’s […]