iShares predicts European investors will buy more US bond exchange-traded funds (ETFs), noting that flows into bond ETFs globally have passed a landmark in assets under management.
The consequence of the UK voting to leave the EU is “not a global shock” or a “Lehman-type moment for commercial property in the UK”, an investment chief has said.
UK pension schemes are in their worst funding position when measured by the Pension Protection Fund (PPF) 7800 index – and the Brexit vote is the cause.
Many UK financial advisers do not see the advance of online robo-advisers as a threat to their business model when offering retirement solutions, a survey indicates.
US-based asset manager VanEck – which launched its first exchange-traded fund (ETF) in Europe last year – has restructured its European fund business under one team.
More evidence that asset managers consider the revised Markets in Financial Instruments Directive (MiFID II) as a major challenge has emerged.
