Investment Trusts can add a new dimension to a portfolio August 23, 2018 | City Talk Collective investments such as unit trusts and investment trusts let you access investment opportunities and spread risk across dozens of different companies. Investors’ money is pooled together and run by a manager who buys and sells stocks and shares on their behalf to create a diverse portfolio. While unit trusts and OEICs are structured as [...]
DEBATE: Is Sports Direct founder Mike Ashley the best person to turn House of Fraser around? August 23, 2018 Is Sports Direct founder Mike Ashley the best person to turn House of Fraser around? YES, says David Blair, global chief executive of FITCH. The British high street is crying out for a saviour, and why shouldn’t it be Mike Ashley? He’s a shrewd retailer driving Sports Direct to win against new-age competitors like Amazon. Ashley [...]
Central and Eastern Europe private equity investment hits record high August 23, 2018 Private equity investment in Central and Eastern Europe saw a year-on-year increase of 113 per cent and hit a record high of €3.6bn (£3.23bn) last year. European investors from outside the region provided 38 per cent of the capital raised, and global backing, driven by US investors, contributed 26 per cent, research by Invest Europe revealed. The [...]
Is the UK market ripe for stock pickers? August 23, 2018 | Sponsored Being a UK equity fund manager may seem a somewhat depressing occupation these days. As the spectre of the country’s exit from the European Union looms large, there are plenty of doomsayers taking the view that investing money in UK stocks is a foolish thing to do. Why would anyone bother evaluating UK investment opportunities [...]
DNA testing is in danger of undoing everything business has worked hard to changee August 23, 2018 Since the discovery of DNA, we have been fascinated by our genetic makeup. What do we comprise of at the most fundamental level? How does this contribute to who we are? Our growing comprehension of DNA has also proved critically useful – helping to identify criminals, proving paternity, and showing propensity for certain medical conditions. [...]
Tips for travellers when shopping for a currency card August 23, 2018 Travellers cheques. Remember them? Cue confused expressions from anyone under 25. You may be surprised to hear that some banks still offer these cheques, which can be exchanged when you go abroad for hard currency (though you’re limited to just six of the major currencies). Fortunately, this outdated mode of currency exchange has now been [...]
Exclusive: Monzo plans to crowdfund £20m as it chases coveted ‘unicorn’ status August 23, 2018 Digital bank Monzo is planning an equity crowdfunding round to raise £20m from its customers as it gears up to receive a $1bn valuation from new investors later this year, City PM has learned. The round will be one of the UK’s largest crowdfunding round to date, rivalled only by Scottish craft beer maker BrewDog, [...]
Aberdeen Standard Investments is the latest to launch AI fund August 22, 2018 Aberdeen Standard Investment is the latest company to introduce Artificial Intelligence (AI) technology to help run funds. The Aberdeen Global Artificial Intelligence Global Equity SICSV will use machine learning to identify sources of potential returns. Global Head of Quantitative Solutions David Wickham said: "Recent innovations in AI, combined with rapid advances in computational power, have enabled [...]
Proposed new powers for Pensions Regulator would not have stopped Carillion happening, experts say August 22, 2018 A leading pensions consultancy has warned new measures to sharpen the teeth of the sector's regulator may not be enough to prevent another disaster like BHS or Carillion from happening. The government is consulting on proposals that will give The Pensions Regulator (TPR) stronger powers to improve the standards of defined benefit (DB) schemes. This includes giving [...]
Is the rise in city living paying off for smart investors? August 22, 2018 | Sponsored City living is experiencing a renaissance and it’s the perfect time for savvy investors to take advantage. As more people choose to leave the capital for a better quality of life in regional city centres, Birmingham has quickly become the top destination for those leaving London. Investing in a regional city such as Birmingham represents [...]
