Global markets have been focusing on US rate cuts over the past few months. But investors are increasingly looking to governments to stimulate growth, with a record 57% of fund managers saying fiscal policy is too restrictive, according to a recent survey of fund managers by Bank of America Merrill Lynch.
Horse racing is worth billions of pounds to the British economy — and is particularly important to rural communities. But this is a high-cost sport that is facing many hurdles. As the going gets tougher, can the industry around it survive?
The UK’s first December general election in nearly 100 years punctuated an eventful year for politics and the economy. Financial markets experienced a series of mood swings throughout 2019, but ended on a high as investors regained their appetite for risk. Despite ongoing uncertainty, including Brexit and trade tensions between the US and China, we remain positive about the outlook for 2020.
Our head of multi-asset investments, David Coombs, consults the tea leaves as he prepares for a new decade.
After many debates, votes and faff, the UK is just about ready to start leaving the EU. Chief investment officer Julian Chillingworth takes a look at the year ahead and the one just gone.
Evidence is piling up that American protectionism is lowering global economic growth compared with what it would’ve been without all the trade uncertainty that comes with it. It could also be hurting the very people it professes to help.
This election result – a vote for Brexit and against socialism – is just as seismic as the referendum, argues head of multi-asset investments David Coombs. But CEOS can’t relax, capitalism has to change to survive.
The idea of responsible capitalism is topical, and its merits widely debated today, but it isn’t a new concept. Taking a look back at the origins of capitalism shows us that it has roots in a social contract with a sense of purpose. With roots like these, there’s great opportunity for advisers to help their clients embrace healthy and responsible capitalism to address today’s urgent challenges.
Cutting-edge efforts to map the human mind are opening up extraordinary possibilities, including novel ways of tackling disease, interacting with machines and even enhancing our intelligence. How did we get to this stage? Where might we go from here? And should we be excited or worried — or both?