In asset management, the race for scale is becoming urgent
Even with markets at record highs, the pressure to find new clients is mounting
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Why 5% Treasuries aren’t crushing emerging markets
Owning EM bonds has not been so terrible in the past year
Don’t draw the wrong conclusion from Treasury yields
Investors are marking up their expectations for long-run economic growth in the US
HMRC records record capital gains tax haul after Reeves’ rate rise
Data shows £24.2bn in receipts for the 2024/25 tax year, an 89% increase on previous year
Private equity carried interest payouts soared ahead of UK tax changes
Jump to £5.4bn suggests a flurry of activity ahead of tax overhaul by Labour government