UK pension funds stand by defence exclusion in ‘ethical’ funds

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Some of the UK’s biggest pension funds have pushed back against Labour MPs calling for defence companies to be categorised as “ethical” arguing that investors deserve choice and should be able to exclude weapons makers … Read more

Is euro-dollar parity now off the cards?

Stay informed with free updates Simply sign up to the Foreign exchange myFT Digest — delivered directly to your inbox. The euro’s sharp fall after Donald Trump’s November US presidential election victory to below $1.02 early last month meant parity with the dollar seemed inevitable in the eyes of some analysts and investors. Many assumed … Read more