We have recently noticed an increase in people impersonating Quilter Cheviot employees. Please contact your investment manager or regional development manager if you have any concerns or have been contacted by someone you do not recognise.LEARN MORE ABOUT SCAMSMART INVESTING
Everyone is familiar with Liverpool and its music scene. Over the past twelve months though, one Liverpool-based charity, The Brain Charity, has been adding to the city’s musical reputation, running a programme of singing and dance workshops to help people living with dementia.
With all but one seat declared, the Conservatives have won a significant majority. Labour has suffered a defeat of historic proportions.
The FTSE 100 is called to open 28 points higher at 7301. Global stocks hit a record high for the first time since early 2018 and bond yields climbed after news that President Donald Trump signed off on a trade deal with China averting tariffs set for Sunday. The pound surged the most in almost three years after Prime Minister Boris Johnson won an emphatic election victory, offering greater clarity for Brexit. Shares surged across Asia and European futures jumped. Contracts on the S&P 500 Index saw smaller gains and those on the U.K.’s FTSE 100 Index were little changed as the rise in sterling weighed. China’s yuan punched through 7 per dollar with the biggest gain in a year. Tenyear Treasury yields extended Thursday’s rise, and the yen retreated. An announcement on the U.S.-China trade agreement is expected Friday Washington time. UK election results: Conservatives win with a large majority gaining an expected 357 seats (largest majority since Thatcher in 1987). Labour biggest loser (worst result since 1935), Corbyn to step down. LibDem leader lost her seat. SNP records strong gains in Scotland.
Global growth continues to slow with a widening gap between advanced and emerging economies. The OECD recently downgraded its 2019 global GDP forecast to 2.9% (1.5% advanced/4.5% emerging) but contracting global trade and the repercussions of the US/China tariff dispute mean there are still downside risks. Although negative real interest rates and robust consumer spending should avert recession, the lack of new fiscal stimulus suggests a period of stagnation for many advanced economies.
We are able to track our heritage back over 240 years and have been helping charities with their investments for nearly as long. To help ensure we fully understand the issues facing our clients, we actively encourage members of staff to take up a trusteeship with a wide range of charitable organisations or act as volunteer independent investment advisors on charity investment sub-committees.Learn more
Are you a trustee? Or just interested in the charity sector? trustEnews aims to help trustees keep on top of the charity sector.
"This is one of the best newsletters of this kind I have ever seen. Well written and informative on topics of genuine interest. I will certainly share it with my Board."
Fabian French, CEO of UK Community Foundation