FCA under fire for belated Neil Woodford disclosure

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s financial regulator has belatedly recorded its planned enforcement action against star fund manager Neil Woodford on its official register, leading consumer groups and lawyers to brand the watchdog “inconsistent” and “confusing” in its … Read more

ESG fund outflows hit record as sustainable investing backlash grows

Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. Investors pulled a record amount from “sustainable” funds in the first quarter of the year, in an early sign that the US backlash against environmental, social and governance-based investing is going global. While US investors … Read more

Markets cannot go on like this

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

Javier Milei taunts economists as Argentina’s peso defies predictions of sharp fall

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s peso has defied many analysts’ expectations and avoided a sharp fall following the relaxation of its fixed exchange rate this month, prompting libertarian President Javier Milei to mock economists who had warned of a … Read more