Since it was established in 2014, the Rathbones Folio Prize has sought to set itself apart from existing literary awards. This means not just championing the finest contemporary writing, but looking to the future to promote a diverse and inclusive literary culture and nurture outstanding new talent.
Unchecked decisions at high levels were at the heart of the global financial crisis. Today, a decade later, there is a far sharper focus on how organisations are governed, with institutional investors expected to take a much more robust stance in calling to account the companies whose shares they own. As a leading asset manager, Rathbones takes its stewardship responsibilities seriously.
After a long, cold winter for UK stocks, spring could be just around the corner.
The environmental damage that plastic waste causes has become a global problem. Steps to address the issue are now being taken worldwide, with a reduction in non-biodegradable plastics a key goal. But how close is science to offering us viable solutions?
Ten-year gilt yields rose steadily in the first two months of 2018 to a high of more than 1.6% (figure 6). They fell back slightly from late February, but even at these levels UK government bonds are once again looking like a viable alternative to holding cash in portfolios.
We have long believed that with yields so low, gilts offered little advantage over cash for a typical diversified portfolio and were vulnerable to capital losses.
Banks have proved unusually resilient to the disruptive forces reshaping almost every field of business, yet the gradual transformation of the sector is becoming ever harder to deny — and to resist. Are our traditional banks now under threat?
The drama that unfolded in drought-ravaged Cape Town during the first months of 2018 focused worldwide attention on one of the biggest challenges facing humanity today: water scarcity.