Equities were the best performing asset class last year, comfortably outperforming the returns on gilts and cash, according to Credit Suisse First Boston’s (CSFB) annual Equity Gilt Study. For the first time in four years, equities provided a positive return in 2003, ending what had been the longest period for negative returns for more than half a century, according to the report. Commenting on the findings, Robert Jukes, equity strategist at CSFB, said: ‘While long run equity returns remain impressive, the past few years have taught us nothing if not that the volatility of equity returns are such that other asset classes can outperform significantly over the shorter term. That said, however, the current low interest rate environment may offer equities an unusually high gearing into the current earnings recovery.’
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.