As markets continued the volatility shown in the first quarter, total platform assets fell by 6.62 per cent on Q1 2022 numbers, and advised assets only just performed slightly better (-6.08 per cent), according to the lang cat’s latest quarterly Platform Market Scorecard.
Hargreaves Lansdown’s Susannah Streeter, senior investment and markets analyst writes that the Pound headed back towards USD1.20 as speculation intensified over the timing of the PM’s resignation.
In volatile markets, total platform assets across all platforms in Q1 2022 fell by -2.66 per cent on Q4 2021 values, while advised platform assets performed slightly better (-2.42 per cent), according to the lang cat’s latest quarterly Platform Market Scorecard.
Global funds network Calastone reports that UK equities funds saw record outflows of GBP836 million in April, with selling focused on riskier categories.
Refinitiv Lipper’s fund flow report for December finds that long-term mutual funds (+EUR718.9 billion) posted net inflows for 2021 overall.
New data from eToro reveals that DIY investors are pessimistic about the outlook for the global economy amid signs that the recovery is slowing in many major economies.
The Bank of England has raised interest rates from 0.1 per cent to 0.25 per cent, ending the longest period in recent history with no rate move.
AIM companies continue to contribute to economy, and have fared better during the pandemic than the FTSE 100, writes AIM, which celebrates the eighth birthday of AIM companies being able to be in an ISA.
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, and Smartplus, a leading Japanese wealth management and insurance platform, have announced the integration of FactSet’s Truvalue Labs ESG content into Smartplus’ platform for retail clients.
Notional volume executed on the Tradeweb European-listed ETF marketplace reached EUR18.23 billion in July, achieved, the firm writes, against a background of geopolitical risk concerns.