RC Brown buys IP Group shares as Woodford offloads stake October 4, 2019 RC Brown has bought up shares being offloaded by Neil Woodford as the fund manager struggles with the crisis that has swept across his investment management firm. RC Brown’s MFM Primary Opportunities fund has purchased shares in intellectual property firm IP Group after Woodford shed his 20 per cent stake last month. Read more: Woodford [...]
Are you too scared to be yourself at work? October 4, 2019 In the run-up to World Mental Health Day on 10 October, one thing is abundantly clear: British workers have never been so stressed out. And while hostilities generated by heated debates over Brexit or global warming may well be contributing factors, the principle cause is more alarming: we’re simply not happy being ourselves at work. [...]
UK fund outflows accelerate as cautious investors snub equities October 3, 2019 Savers took almost £1.7bn out of UK funds during August as continued political uncertainty dampened their appetite for risk. The new figures, published today by the Investment Association (IA) are the highest net outflows the sector has experienced since November last year. Read more: Notion Capital opens £125m fourth fund Equity funds took the biggest [...]
Five reasons why global cities are the ultimate investment super-trend October 3, 2019 | City Talk Cities are becoming more important than countries, with their success determined by innovation, efficiency and the clustering of industries. What does this mean for investors? The global economic focus is shifting from countries to cities. Cities are efficient and the economic output that can be derived from cities is much greater than from countries. Cities [...]
The hurdles holding back home ownership October 3, 2019 There is good news and bad news when it comes to the numbers of first-time buyers in 2019. The good news is that, despite existing homeowners taking a more cautious approach in this uncertain political and economic climate, sales are up almost six per cent compared to this time last year. However, the positive statistics [...]
DEBATE: Is the departure of Dave Lewis a problem for Tesco? October 3, 2019 Is the surprise departure of Tesco chief executive Dave Lewis a serious problem for the company? YES, says Adam Vettese, an investment analyst at multi-asset investment platform eToro. It’s going to be a challenge for Tesco. To say that Dave Lewis will be a tough act to follow is an understatement. He took over at [...]
Woodford Patient Capital Trust accused of stretching rules on unquoted holdings October 2, 2019 The biggest holding in Neil Woodford’s Patient Capital Trust (WPCT) is listed on an obscure stock exchange where its shares have only been traded once since it listed in February, it has emerged. Investec analysts have questioned whether Rutherford Health should be treated as a listed holding by WPCT, given that its shares have only [...]
Campaigners hail milestone as FTSE boards hire most women in 450 years October 2, 2019 City grandee Dame Helena Morrissey has hailed an effort to bring more women onto the boards of London’s quoted companies as the FTSE 350 hit a major milestone. For the first time in its nearly 450-year history the exchange’s top companies have boards where 30 per cent of the members are women. Read more: Diversity [...]
Strength in numbers: The value of business associations October 2, 2019 In these uncertain times, adopting a united front can be a powerful way to overcome challenges. We only have to look at the political, social, and economic turmoil of the last decade to observe how making big decisions in a fractured fashion has negative long-term consequences. Understandably, the current news landscape has made UK business [...]
Some of world’s biggest asset managers ‘paying lip service’ to ESG October 2, 2019 There is a “significant discrepancy” between the pledges made by the world’s 50 largest asset managers on environmental, social and governance (ESG) and the action managers have actually taken on these issues, new research has found. Although the vast majority of the world’s 50 biggest asset managers – who manage a combined $50.6 trillion (£41.3 [...]
