US politics is in limbo and whoever assumes the presidency needs to realise that the last thing they should do is isolate Iran, according to Charlemagne Capital’s Dominic Bokor-Ingram. Speaking to Citywire Selector, Ingram, who runs the Charlemagne Magna New Frontiers fund and also manages the Iran-focused Turquoise Variable Capital Investment fund, said isolating Iran by the US could
(Update) Better-than-expected third quarter growth impresses most economists but FTSE 100 and pound continue to flounder. The UK economy has cleared the Brexit hurdle with ease, with higher-than-expected growth of 0.5% in the third quarter, according to the first official estimate. The increase announced by the Office for National Statistics beat economists’ forecast of 0.3%, according
The UK Personal Finance Society is getting behind a government initiative designed at boosting the proportion of women in financial services, and the advice profession has a duty to promote diversity within its own ranks, writes Keith Richards. The numbers of women in financial services and the roles they play is a topic being focussed on by
Sterling suffers renewed pressure as polls underline lead taken by ‘leave’ campaign ahead of vote on UK’s European Union membership – The pound has fallen against every major global currency after polls underlined the lead taken by the ‘leave’ campaign ahead of the referendum on the UK’s European Union membership. Sterling lost ground even against the
Donald Trump successfully ascending to the White House in November could spell real problems for Latin American investors, according to EMD expert Claudia Calich. The Republican frontrunner has been an outspoken advocate of deporting 11 million migrants and impounding all remittance payments derived from ‘illegal’ wages. Calich, who runs the M&G Emerging Markets Bond fund, said Trump’s
The FTSE 100 has edged lower despite a surge in the shares of Old Mutual on reports the insurer is planning a multi-million pound break-up. Old Mutual (OML) jumped 7.3% to 192.8p on reports the group had received a takeover approach from private equity firms and was planning a split into four businesses. But that wasn’t enough
