Something is not right in physical oil

Supply disruptions are not enough to create a really out of control bull market, says John Dizard

Editor’s choice

Santander and Axa ©Bloomberg/Reuters
Money managers fear regulators’ investigation into initial charges levied in addition to other fees
FRANKFURT AM MAIN, GERMANY - FEBRUARY 11: A trader looks up at the board displaying the day's course of the DAX stock market index at the Frankfurt Stock Exchange on February 11, 2016 in Frankfurt, Germany. Stock markets across the globe have been exceptionally volatile in recent weeks as investors fear a global economic slowdown. (Photo by Hannelore Foerster/Getty Images) ©Getty
Fastest-growing asset manager seeks to export US price war

Regulator warns Brexit threatens UK funds

EU passporting rules at risk, with severe consequences for Ucits

Michelle Seitz, the head of William Blair Investment Management. Illustrator: Tony Healey

Demographic shift stunts fund growth

Michelle Seitz, head of William Blair IM, on the challenges facing ‘mature’ asset management

World’s biggest hedge fund gains $22m state aid

Loan and grants will keep Bridgewater in Connecticut

ETFs help UK suck in Swiss gold exports

Strong fund demand leads to rise in shipments to British vaults

Exterior of The Kremlin, Moscow
©Deramstime

Russia bond issue lands at regulators’ door

Euroclear and Clearstream await guidance on debt sale

Currency conduct code targets traders

Watchdog’s new rules set out how raucous dealers should behave

Equity fund outflows pass $100bn in 2016

Further $9.2bn shed in week ending May 25 despite brighter data

Washington steps up fintech oversight

Government officials deployed to scrutinise fast-growing sector

Citi traders’ 2008 manipulations revealed

Staff boasted in messages how far they had ‘moved the screen’

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