Equities rebound on easing hopes

Equity markets had a good week, with global equities rebounding 2.5-3%. Markets are now down all of 3% in local currency terms and 1% in sterling terms from their recent highs.

Kingswood partners with Flagstone to launch new cash platform proposition

• Kingswood clients to benefit from access to market-leading and exclusive rates as well as Financial Services Compensation Scheme (FSCS) deposit protection • Currently around £170 billion languishes in zero interest accounts accounting for 12% of the UK’s household cash deposit market Kingswood, the listed UK based wealth manager, today announces that it has launched an innovative new cash proposition in … Read More

Equities remain under pressure

Equity markets have retreated further and are now down some 6% in local currency terms from their late April high. In sterling terms, the decline has been cushioned somewhat by the weakness of the pound and is a more moderate 4%.