AJ Bell rules out offering new private market funds
Two of the UK’s biggest investment platforms have taken contrasting approaches to long-term asset funds
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Number of Isa millionaires hits 5,000
Most trade infrequently, hold an international portfolio and often favour active funds
If private credit breaks, insurers will fall under the microscope
Rising holdings of the asset class could lead to problems when the next downturn comes
Companies still need IPOs
Despite the increasing supply of private capital, going public is still an important step in the life of a business
The 2mn barrel divide: IEA and Opec at odds over oil demand
Widening gap between forecasts from IEA, Opec and EIA clouds oil market outlook
New York Fed convened meeting with banks over key lending facility
Impromptu talks come amid worries about strains in money markets