The IA’s latest fund statistics for December 2019 reveal that UK investors were starting to feel more love for UK equities, buoyed by the significant Conservative party majority following the general election and Boris Johnson’s clear message on exiting the EU.
As negotiators convene to hammer out a trading relationship between Britain and the EU, the next 10 or 11 months will prove crucial in securing a deal. Financial services will need to feature heavily in these discussions. With three quarters of UK household relying on the investment management industry to provide for their future, it is crucial that this deal meets the needs of these millions of savers, including pensioners across the country.
2019 has seen the climate crisis top the global agenda, with images of Greta Thunberg at the United Nations, plastic-clogged oceans and extreme weather capturing the public attention. Closer to home, we’ve seen Extinction Rebellion target the City and the issue for the first time being a focus for all political parties in the run up to the general election.
Today, three-quarters of UK households trust the investment management industry with their savings. Investment funds put those savings to work, helping people save for life's big events, whether that is getting on the first steps on the property ladder or planning for retirement.
Today, young people across London will be, with hearts pounding, receiving their much anticipated A-level results. Many will be taking up university places, but others will be looking to take their first steps into full-time work.
The work of investment managers has been featured prominently in the news in recent days and triggered a welcome discussion on how we invest the savings of the millions of people who look to us to provide a better standard of living in retirement for them.
Howard Schultz is a name not many people may be familiar with. Howard’s father was a truck driver and he was the first in his family to go to university. In the early 1980s he paid a visit to a small coffee shop in Seattle and, impressed by their operation, took a job there.