The pound dropped for a seventh consecutive day against the dollar, following weak UK private sector growth data in July. The preliminary reading of the S&P Global/CIPS composite Purchasing Managers Index fell to 50.7 in July, down from 52.8 in June, the biggest month-on-month decline in 11 months.
The pound headed for a
seventh straight day of losses on Monday against the dollar, its
longest losing streak since the onset of the pandemic in 2020,
after a survey showed Britain s private sector.
IBOSS, a discretionary fund manager (DFM) owned by Kingswood, has surpassed £2bn in assets under influence (AUI). The company said that the growth was driven by strong demand from financial advisers for its investment solutions.
/PRNewswire/ Kingswood U.S., a network of independent wealth management firms that oversees more than $3.5 billion in client assets, today announced it had.