Regulator had encouraged funds to adopt liability-driven investment in bid to mitigate risk
Asset managers cite pitfalls at FT conference as ‘alts’ look beyond institutions for growth
Fall in sterling and Europe’s economic problems raise prospect of cheap assets after drop in deals
A ‘cha-ching moment’ expected in third-quarter results as City grapples with financial crisis
Devastation from Hurricane Ian presents a critical test for the ambitious Ron DeSantis
Current turmoil is the culmination of policy mistakes made a generation ago
Use of WhatsApp and other messaging channels has become widespread during the pandemic
Self-driving eighteen-wheelers are now on highways in states like California and Texas. But there are still human “safety drivers” behind the wheel. What will it take to get them out?
Inflation stayed far above the Federal Reserve’s goal in August, as prices climbed more quickly than economists expected.
With UK government bonds and sterling both falling hard in recent days, the Bank of England has been forced to step in. Only a few months after it started tightening monetary policy to fight inflation by raising benchmark interest rates and ending its programme to “create” money through quantitative easing (QE), it has made a U-turn.
It plans to create perhaps £65 billion over a two-week period to buy long-dated government bonds to shore up that market, as well as temporarily putting on hold plans to start unwinding its £838 billion of QE money. So will this work?