Nuveen’s offer to buy Schroders “came as a surprise”, according to Finsbury Growth & Income (FGT) portfolio manager Nick Train.
Flat UK growth has indicated there is limited momentum in the UK economy, as Chancellor Rachel Reeves faces headwinds from the conflict in the Middle East, market analysts and economists have warned.
Over four in ten DIY investors have looked to increase their exposure to energy and technology amid concerns about the inflationary impact of the conflict in the Middle East.
Increased competition amid industry consolidation is leading many asset management firms to move beyond being simply building-block fund providers and into the realm of personalised solutions, ...
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