Fixed Income in the News
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Keller profits rise despite revenue drop; outlook cautious
Keller posted a rise in full-year profit on Tuesday and a performance ahead of market expectations, despite a drop in revenues, as…
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Alpha FMC research shows significant increase in orphan assets on platforms
Number of client orphans increases by over a fifth in 2020 Number of orphan clients on adviser platforms continues to trend upwards,…
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M&G describes ‘strong’ result as IFRS profits rise
M&G reported adjusted operating profit before tax of £788m in its full-year results on Tuesday, down from £1.15bn year-on-year, and reflecting the…
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Avast to sell Family Safety Mobile business for $66m
Digital security company Avast said on Tuesday that it has agreed to sell its Family Safety Mobile business to Smith Micro Software…
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TP Icap FY operating profits slip in 2020
Broker TP Icap said on Tuesday that revenues and operating profits had slipped in 2020 amid the ongoing Covid-19 pandemic. TP Icap…
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New research suggests ESG investment market set to double in 2021
Environmental, social and governance-based investment market set to double in 2021 with over one in 10 (12%) investors planning to move investments…
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Europe open: Shares flat as miners fall on softer commodities
European shares were flat at the opening on Tuesday as mining stocks fell on weaker commodity prices. The pan-European STOXX 600 was…
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What is the asset allocation model, and what are the volatility targets of this ESG portfolio?
The five funds in the Invesco Summit Responsible Range aim to invest 100% of their assets in ESG investments. The funds are globally diversified…
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WH Smith cuts cash burn forecasts after brighter start to year
WH Smith cut its cash burn forecasts after better-than-expected trading in the first two months of 2021 despite the national lockdown imposed…
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IWG’s recovery from Covid-19 pandemic taking longer than initially expected
Serviced offices provider IWG said on Tuesday that it would be forced to shutter more underperforming locations as a result of the…
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