Global fund groups to reach $200tn in assets by 2030, PwC says
Survey projects private markets will soon account for half of industry’s revenues
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Global industry to hit $200tn by 2030
Plus, FCA’s pension scheme, UK borrowing overshoots and Sir Stanley Spencer at Gainsborough’s House
European banks offer investors sweeteners as rally fades
Executives brace for more challenging period ahead as interest rates fall
What big bond investors want from the UK Budget
Gilt market players call on government to cut spending and steer clear of inflationary tax rises
Bessent believes there won’t be a recession in 2026 but says some sectors are challenged
Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump’s policies.
BHP rekindles pursuit of Anglo-American with new approach
Takeover would disrupt London-listed miner’s planned $57bn merger with Canada’s Teck