EU co-ordinates record response to wildfires
The EU has co-ordinated more responses to wildfires this year than ever before, highlighting the impact of climate change on the world’s fastest warming continent.
Joseph Wilkins is a financial journalist and a holder of the CFA investment management certificate.
He has written about markets and the economy for FTAdviser, the Financial Times, and Business Insider. His articles have covered the UK, US, and Chinese investment landscape and he is particularly interested in financial investigations. He now reports from Cyprus.
Joseph holds a bachelor’s degree in economics and politics from the University of Bath and a master's degree in financial journalism at City, UoL.
The EU has co-ordinated more responses to wildfires this year than ever before, highlighting the impact of climate change on the world’s fastest warming continent.
Thousands of Athens residents have been evacuated from their homes as strong winds blew wildfires towards the northern outskirts of the Greek capital on Monday.
lsquo;Everyone loves India, no one owns India,’ was a phrase mentioned in passing to Asset Allocator recently.
Make no bones about it: succession planning is crucial. Whether choosing an heir to the Roy family dynasty, recapturing the aura of Alex Ferguson at Manchester United, or finding somebody to lead the Tory party who realises they should probably stay for the whole of the D-Day commemoration, the hunt for a replacement can often make the difference between long-term success and abject failure.
It has been a little over 70 years since Harry Markowitz introduced the concept of modern portfolio theory but today there appears to be very little agreement among wealth managers about what a balanced portfolio looks like in practice.So we thought we'd take some time to ask whether Markowitz’s theory - commonly associated with the 60:40 portfolio - still holds water, or have managers moved on?
Every fund has its price, they say.
Conventional wisdom says you should wait one year to move in with your partner and three years to invest in a fund, but for Tam Asset Management, when it’s right, it’s right.
One of the more peculiar aspects of the financial sector is a fund manager’s ability to lose billions of pounds for thousands of clients and return to the public eye five years later, in blog form.
Order! Jeremy Hunt’s speech in the House of Commons today more closely resembled a substitute teacher who’s lost the classroom than an annual fiscal statement.
Esoteric assets such as hedge funds, commodities and infrastructure are increasingly becoming a fixture in wealth manager’s toolkit. What do they offer and are they here to stay?
Asset Allocator is always keen to hear from both sides of the perennial active-versus-passive debate that has shaped the industry in recent years.
The answer to question one of the Asset Allocator pub quiz is knowing that North American equities now represent 70 per cent of the MSCI World index.
Asset Allocator recently covered how wealth managers struggle to pick winners in Japan.
A recent Morningstar report tackling thematic investment has caught our eye.
Longer-term readers of Asset Allocator will recall that a little over a year ago we took a look at Somerset Capital Management, which at the time was reportedly up for sale.
Ahead of the Autumn Statement, FT Adviser is bringing you five of the more unusual requests the public and financial services commentators have asked Jeremy Hunt to honour.
Hopes of inheritance tax reform were dashed in the 2023 Autumn Statement, as chancellor Jeremy Hunt announced tax cuts for corporations and workers instead.
The FTSE 100 remained largely unmoved throughout chancellor Jeremy Hunt’s Autumn Statement, only slipping slightly as lower oil prices weighed on the index.
At the start of 2023 it seemed rising interest rates were putting an end to the golden era of tech stocks, but these companies have actually surged with the Nasdaq up 47 per cent so far this year fuelled by the explosion of interest in artificial intelligence. This week David Thorpe and Joseph Wilkins are joined by David Coombs, head of multi-asset at Rathbones, to debate whether this AI-fuelled surge is here to stay.
Jupiter is back in the news again after this week's announcement that manager Ben Whitmore is upping sticks to set up his own value boutique after nearly 18 years at the company.
For those in the fund management business, Terry Smith needs little introduction.
After Cathie Wood brought a dose of exchange-traded evangelism to Europe last month, we have been following the topic with interest.
For 50 years, the Shetland Islands in the North Sea have relied on nearby oil resources to keep its economy humming. Now, as oil fields dry up, this tiny U.K. archipelago is shifting to offshore and onshore wind farms to power its economy. New windmills could enable all households in Shetland plus half a million U.K. homes to be powered by wind as soon as the The Viking Energy Wind Farm is completed. WSJ explains what’s at stake as the small islands north of Scotland overhaul their...
A precious metals dealer has been asked to pay $146 million in damages after over 500,000 silver coins disappeared. Robert Leroy Higgins, of West Chester, PA, ran a "fraudulent and deceptive scheme", says the CFTC.
Picking a winner is always easier said than done, but DFMs have been especially struggling to get it right in Japan.
Asset Allocator read the FCA’s recent ‘Dear CEO’ letter with interest.
Once upon a time, Richard Woolnough managed the largest fund in the UK retail market: M&G Optimal Income.
With the Japanese stock market trading at 30-year highs, readers would be forgiven for thinking that fund managers would be jumping for joy too.
Brady has just become a minority owner of Birmingham City while Watt and Spieth have bought into Burnley FC and Leeds United respectively.
Russia is now the biggest importer of Chinese cars in the world, reflecting the country's growing economic dependency on its neighbor amid Moscow's deepening isolation from the West.
"If I was advising a company, I would say, are you prepared for 7% rates? Are you prepared for a recession?," the JPMorgan CEO said in the interview with the Economic Times.
China's property stocks have tanked by the most in nine months as the embattled industry struggles to cope with a slew of headwinds. Among the biggest losers was embattled developer Evergrande.
Javelin Global Commodities has grown to become the No. 1 exporter of American coal, according to Bloomberg.
Europe has for decades been the preferred destination for offshore Russian companies to base their funds, but this tradition could soon end.
CEO Van den Brink said pulling out of Russia had been delayed due to the "real risk for legal prosecution" for Heineken's local staff.
The People's Bank of China issued a stark warning to traders speculating against the note, sending the yuan soaring to its largest gain since March.
More than 75% of companies that made their market debuts in 2023 through a SPAC merger are trading below their float price, Bloomberg data showed.