Douglas Flint criticises ‘ridiculously extravagant claims’
Plus, UK wealth managers eye private markets, investors flee long-term bonds, and Kiefer/Van Gogh at the Royal Academy
Forcing defined contribution schemes to invest a minimum amount in private assets could ‘lead to poorer returns’
Millennium, Point72 and Third Point among those seeking to push into popular asset class
Regulator unveils plans for ‘targeted support’ to help individuals get better returns
Alongside rapid growth in the market, risks have emerged as some platforms will collapse
Investment vehicles under pressure from cheap index-tracking funds, higher interest rates and takeovers
Investors have exited funds at fastest rate since 2020 at height of Covid pandemic
New fund underlines push to package up complex financial instruments in vehicles available to retail investors
Talks with private capital firms have focused on operational hurdles for retail customers
Investors must pay more attention to ‘emerging, strategic and disruptive’ factors, new paper argues
World’s second-largest asset manager estimates reduction will save investors $3.5mn a year
Plus, Scottish Widows cuts UK exposure, emerging markets outperform, and Jenny Saville at the National Portrait Gallery
New provider Scottish Widows is overhauling its offering
Digital currencies are becoming embedded in financial markets — but for some investors they still have something to prove
Pressure seeks to censor independent analysis and neuter shareholder oversight
Decision protects funding for some government agencies and is blow to Donald Trump’s deregulatory agenda
Despite a stock rally, it is still unwise to assume the view of investors of America is not changing
Millennium Management is gunning for a ‘top of the heap’ private equity valuation
There are a number of guidelines investors should use before picking an ETF
Financial Stability Board flags high debt, liquidity mismatches and lack of data on banks’ exposure
SPY > Spoos
Move by Lloyds Banking Group-owned pension provider comes as government pushes for more investment in British companies
Distressed debt specialist outlines upbeat view of world’s second-largest economy
Asoka Wöhrmann had been under criminal investigation for his role at Deutsche Bank’s asset management arm
