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Rachel Reeves Plans ‘Canada-Style’ Pension Funds: A Strategic Shift

The UK government is contemplating a significant overhaul of its pension system by consolidating multiple local government pension plans into a single, large-scale fund....

Japan Spent Record 5.9 Trillion Yen in April Forex Intervention

Tokyo, Aug. 7 — Japan's Finance Ministry reported that the country undertook a record-breaking foreign exchange market intervention on April 29, spending 5,918.5 billion...

Square Mile’s Fund Selector: IA Mixed-Asset Funds to Watch

Overview of IA Mixed-Asset Fund Categories The Investment Association (IA) categorizes mixed-asset funds into four primary sectors: Mixed Investment 0-35% Shares Mixed Investment 20-60% Shares Mixed Investment 40-85%...

UK Equity Funds Record Best Month in Three Years as Outflows Slow

UK equity funds experienced their most favorable month in three years during July, as outflows slowed and a resurgence in investor interest was observed....

Intensifying Yen Rally Sinks Japan Stocks, Rattles Global Markets

Tokyo — Japan’s financial markets have been rocked as the yen surged sharply against the dollar and stocks plunged into a bear market. The...

Global Hedge Funds Increase Exposure to Chinese Stocks Amid Policy Shifts

Global hedge funds have significantly increased their exposure to Chinese stocks, including those listed on both domestic and U.S. exchanges, according to a recent...

Rothschild & Co AM Launches ETF-Focused Fund of Funds Range

Rothschild & Co Asset Management is introducing a new fund of funds range that invests in exchange-traded funds (ETFs), aiming to attract investors with...

Stocks to Watch in August 2024: Key Players and Upcoming Catalysts

As August unfolds, investors are navigating the midway point of the second-quarter earnings season amidst a shift in market dynamics that diverges from recent...

Bitcoin Price Falls to $63k as Fed Rate Cut Talk Sparks Stock Rally

Bitcoin experienced a decline on Thursday, dropping to $63,599.5 earlier in the day before stabilizing around $64,256.2 by 02:01 ET, representing a 2.9% drop...

Volkswagen Shares Tumble as Cost-Cutting Extended

Volkswagen (ETR) shares fell on Thursday following the announcement that its cost-cutting period will extend beyond the second half of 2024. The company is...

LSEG First-Half Income Rises 5.4%, Progress on Microsoft Joint Venture

The London Stock Exchange Group (LSEG) reported a notable increase in its first-half income on Thursday, surpassing analysts' expectations. This growth was driven by...

Rolls-Royce Shares Hit Record High on Dividend Reinstatement and Upgraded Profit Outlook

Rolls-Royce (LON) shares soared to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded profit guidance for...

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