Tom Bailey

European equities: will they ever bounce back?

European shares are unloved right now. For two months running, fund managers surveyed by Bank of America Merrill Lynch have named “short European equities” as the most crowded trade, while many remain underweight the region.

Hundreds of thousands given wrong pension forecasts

The government’s pensions minster has been forced to admit that hundreds of thousands received wrong state pension forecast figures.

In a letter to Royal London’s policy director Steve Webb, pension minister Guy Opperman admitted that there had been “significant” problems with incorrect state pension forecasts.

Neil Woodford's flagship fund suspended

Sales and purchases of the Woodford Equity Income fund have been suspended following a wave of new redemptions.

In a statement posted on Woodford Asset Management’s website, it was announced that the issue, cancellation, sale, redemption and transfer of shares in the fund have been suspended.

A fifth of all dividend paying shares are “traps”

Dividend payouts have recently been reaching reach new record highs. In 2018 global dividends rose to a record $1.37 trillion in headline terms, representing a 9.3% increase, according to the latest Janus Henderson Global Dividend Index.

Fund managers slammed for not promoting gender and ethnic diversity

Anyone following investment funds would be given for thinking that almost the entire industry has adopted ESG, or environmental, social, governance principles.

However, according to research by the Association of Member Nominated Trustees (AMNT), most fund managers are reluctant to adopt specific shareholder voting guidelines that promote certain ESG “causes”.  

Theresa May resigns: what next for markets?

Following Theresa May’s widely expected announcement that she would resign, the immediate reaction of currency markets appeared confused.

Having suffered declines over the past few days, the unsurprising announcement initially saw sterling rally against the euro and dollar. Those gains, however, soon waned, with sterling starting to trend down again at the time of writing at midday on 24 May.