Outlooks from players including Fidelity and JP Morgan are predicting an upturn for equities in 2023, despite an expected global recession, as the market prices in the risk and the Fed nears a rate-hike peak.
The UK will be the top investment region for 2023, according to a survey from the Association of Investment Companies, with mid-cap equities predicted to be the best-performing asset.
The past week saw a longstanding departure from BTIG, a switch to Kepler, and a poach from Fidelity International.
Buy-side panellists were united in their agreement that the rising cost of data was impacting them most heavily.
Speaking at the Fixed Income Leaders’ Summit 2021, Fidelity’s head of fixed income trading for EMEA, Lars Salmon, claimed ESG scores could decide which banks his team trades with.
Following a long-standing partnership, Fidelity International will adopt the FINBOURNE LUSID platform and has made a strategic investment in the FinTech firm.
As the first asset manager to sign the FinTech pledge, Fidelity has committed to principles on engaging with start-ups and onboarding processes.
PwC Hong Kong crypto lead expects more participants in the cryptocurrency space this year despite ongoing bear market and widespread regulatory concerns.