Autumn Statement review

Chancellor Philip Hammond delivered the Autumn Budget back on 22nd November with the key message being reduction in growth and productivity forecasts along with an increase in the need to borrow. Having this as a backdrop goes someway to explain what was, for many, an underwhelming budget. It’s a shame that given the challenges the…

Have you noticed a change to fund names – who are Liontrust?

Liontrust Asset Management Plc., the specialist independent fund management group has purchased the entire issued share capital of Alliance Trust Investments Limited (ATI) for a total consideration of around £30 million. The acquisition of ATI, including 11 sustainable investment funds managed by the ATI Investment Team, is attractive to Liontrust for a number of reasons: The acquisition…

Hope fading for Co-Op bank

The Bank of England has placed the Co-op Bank under “intensive supervision” as survival options for the ethically-based lender dwindle. The BBC understands contingency plans to ensure the “orderly failure” of the 150 year old bank are well advanced. Co-op Bank customers will be protected whatever happens, but professional investors took a beating on Wednesday.…

Report: Investors lacking expertise needed to deliver on promised green investment strategies

New research from E3G reveals a third of investor signatories to the UN Principles for Responsible Investment do not employ ESG investment specialists A third of investors committed to adopting greener, more sustainable investment strategies are failing to employ the experts that are likely to be needed to deliver promised reforms, according to new research…