Foreign funds pour into UK
London - QNA
Flows of money from overseas investors boosted funds at British asset managers to a record ?5.4trn last year. The amount of capital now managed by these companies stands 30 per cent higher than before the financial crisis, according to figures from TheCityUK. More than a third of the funds, or about ?2trn, came from foreign clients, meaning the UK now accounts for more than 8 per cent of global fund management assets, reported the Independent newspaper. The figures come after the Office for National Statistics revealed that more than half of UK shares are owned by foreign investors.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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