| UK investment fund launches plunge to 20-year low as investors turn to cash
January 3, 2023--The number of new UK investment funds has reached its lowest level in two decades, according to new data, as asset managers are squeezed by rising interest rates and the cost of living. |
| Figures from US financial services firm Morningstar, first reported by the Financial Times, showed 397 UK funds were launched in 2023, down a quarter from the year before and the lowest since the aftermath of the dotcom crash in 2003. |
| ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |