Markets
News by: David Campbell
Dealing with inflation on a fixed income
As central banks cranked up the printing presses and began to buy government paper by the tonne, many predicted Weimar-esque erosion of monetary value and the imminent introduction of million-dollar bills. Why did this not come to pass?
Thesis' Lally pushes duration out nine years on short squeeze fears
Bond durations have been pushed out to an average of nine years across client portfolios at Thesis, with chief investment officer Michael Lally warning of a squeeze on short-duration securities
Channel Islands surrender client confidentiality to UK 'son of Fatca'
The UK is exploiting the widespread adoption of the US Foreign Account Tax Compliance Act (Fatca) rules on tax information sharing with plans to launch its own version
Wealth Manager: John Kay doesn't make banks, but if he did they would be a lot like Duncan Lawrie
In his much heralded, but likely never implemented, report into financial market short-termism this year, professor John Kay neatly encapsulated the structural problems of investment intermediation.
Autumn Statement: Osborne recovers rep for slickness if not competency
Did Osborne reprieve his political reputation today? Well, partially
Autumn Statement: AIM stocks may become ISA-able
The government will attempt to boost small cap funding and liquidity by consulting on plans to allow AIM market stocks to be held directly within tax-efficient wrappers such as ISAs.
Autumn Statement: Osborne cancels fuel duty increase
The government has cancelled the previously planned 3p fuel duty increase.
Autumn Statement: Osborne confirms big road, rail and London underground investment
The government has committed to a major programme of road refurbishment as well as a billion pound loan to extend the UK underground to the Olympic park and Battersea.
Autumn Statement: all the leaks, spin and lead balloons - in pictures!
We present a visual guide to what to expect today.
Welcome to the government's mid-life crisis
Recent research – admittedly on chimpanzees – has confirmed that general happiness and contentment troughs in middle age, before increasing again with the advance of years.
Brewins says RDR offers 'competitive advantage' as profits leap
(Update) Brewin Dolphin took a £553k additional Financial Services Compensation Scheme hit, according to its results, but chair Jamie Matheson said predicting future levies would be like 'banging your head' against a wall.
Dobell ups his backing for African Minerals
Tom Dobell, head of the £7.7 billion M&G Recovery fund, has upped his stake in troubled Sierra Leone iron ore producer African Minerals
Tail-risk free QE rate trades
A surge of central bank liquidity has warped global yield curves and created a host of rate arbitrage opportunities across the world,
In graphs: US corporates have already fallen off the fiscal cliff
Uncertainty is already detracting from potential 2013 US growth, but by how much?
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On Citywire today
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
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Garrett Fish: what would be even better than the iBond
Giving US companies a tax break on repatriated profits would go down even better than Apple's popular iBond, says the manager of JP Morgan American investment trust.
Sponsored: An uncompromising approach to income
In the current income environment, an understanding of the challenges and opportunities present is crucial to uncovering yield. Read more on this topic in the Income Opportunities supplement, in association with Lazard Asset Management.
Click here to read more.