Hello and welcome to your Morning Briefing on Monday, September 5, 2022. To get this delivered to your inbox every morning Click here.
Our cover story for the September magazine focused on the leadership of the Chartered Insurance Institute (CII).
He’s been in the spotlight for a while and Money Marketing take stock of what happened there.
The editorial stresses that the consultancy industry needs a successful professional standards body and wishes good luck to its new leadership.
Seven Investment Management (7IM) has launched a new model portfolio, Adventurous Plus, for clients with a greater appetite for risk and higher returns.
This is the investment firm’s most “adventurous” offering in its range of mixed portfolios.
7IM Managing Director Verona Kenny said, “The launch of this new model underscores our commitment to listening to and responding to customer demand, especially in an environment where some people are looking to generate higher returns in a difficult economic environment.
quote of the day
Truss’s tax cut plans are likely to be an expensive option and while it might win him the Conservative leadership race by appealing to party members, it might not sit well with the general electorate who wants tangible help in the face of the cost of living crisis.
– Rachael Griffin, tax and financial planning expert at Quilter, comments on Liz Truss’ tax policies
L&C surveyed 2,000 UK residents, asking them about their views on relocating and asking about the factors influencing their decision.
Of 16-24 year olds and 23% of 25-34 year olds plan to move now they can work remotely
Of 16-24 year olds said they were actively looking for jobs with remote work opportunities so they could move to a cheaper area
25-34 year olds say the same thing
Of survey respondents plan to move in the next 12 months
Of those currently living in the city, they would like to move in the next 12 months, but are unsure of the best location for their next step
Of respondents also said that worrying about the effects of climate change in their area was a consideration in their decision to move
Nordea Asset Management (NAM) has launched the Nordea 1 – Global Sustainable Listed Real Assets Fund, an Article 9 compliant strategy.
The vehicle invests in listed real estate assets with a focus on environmental/social stewardship and technological innovation.
The Nordea 1 – Global Sustainable Listed Real Assets Fund is managed by CBRE Investment Management. NAM’s responsible investment team will support selection and analysis.
Jeremy Anagnos, NAM portfolio manager of Nordea 1 – a publicly traded global infrastructure fund, will spearhead the new solution.
By the way
Liz Truss: It’s fair to give more money back to the rich (BBC News)
A deglobalizing world will be inflationary (FinancialTimes)
The daunting budgetary problems facing the next Chancellor of the United Kingdom (The Guardian)
Have you seen?