Fund investors have revealed their cautious side, according to Barclays Stockbrokers Funds Market. Investment levels in funds for June reflected a dip in confidence compared to growth seen in the rest of the second quarter as assets fell 42% in June compared to May, and 24% compared to April. This is in contrast to the positive inflows seen following this year’s ISA season, as assets invested in funds increased by 27% in May compared to April. Investors are seeking increased security combined with growth potential for their investments as money market and absolute return top the tables as the most popular sectors. The money market sector continues to prove most popular by assets invested in Barclays Stockbrokers Funds Market in June taking the top slot for the third month running; 34% of total assets. Some investors continue to seek opportunities in more diverse sectors – the specialist sector continues to be popular, taking second place in the second quarter. Latin America and commodity funds in particular took high inflows, with the JP Morgan Natural Resources fund ranking highest in its sector. Threadneedle’s Latin America Fund and JP Morgan’s New Europe Fund also proved popular.
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.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.