Finding value in American growth May 11, 2018 | Sponsored Last year saw global growth accelerate at its fastest pace since the financial crisis as this long-running bull market defied expectations and found another gear. It was a period of synchronised global growth reminiscent of yesteryear – a brief boon for global stock market investors. But with growth inevitably cooling in 2018, the challenge now [...]
Ranked: Here are the 20 wealthiest people in cryptocurrency revealed by Forbes’ first ever Crypto Rich List February 7, 2018 Forbes has compiled its first ever Crypto Rich List to rank the 20 wealthiest people in crypto, saying billion-dollar fortunes have been created almost overnight. Top of the list is Ripple founder Chris Larsen, with Forbes saying his net worth came close to $20bn in early January, as a result of owning 5.2bn XRP – [...]
DEBATE: Should the City be optimistic about 2018? January 3, 2018 Should the City be optimistic about 2018? Gerard Lyons, chief economic strategist at Netwealth Investments, says YES. Be positive. The City will get a boost from LSD this year. L is for liquidity, which remains ample as the Bank of Japan and the European Central Bank continue to ease, while the US Federal Reserve and [...]
The pros and cons of crowdfunding July 6, 2017 People are divided about crowdfunding. While many investors and businesses see it as invaluable, it often comes with a number of caveats which shouldn’t be ignored. Equity and debt-based crowdfunding methods are often used by entrepreneurs looking to start or develop their business. However, they differ in that equity-based lets you swap money for shares [...]
Top 20 most consistently performing investment companies over the last decade revealed May 22, 2017 The world's 20 most consistently performing investment companies over the past decade have been revealed, in a new study by the Association of Investment Companies (AIC). A quarter of the top 20 are in the global sector, with the Lindsell Train Investment Trust taking pole position and F&C Global Smaller Companies pulling in second. Despite [...]
Chris Hohn’s Children’s Investment Fund has stepped up its bid to end the €8.5bn Safran-Zodiac deal March 20, 2017 Sir Chris Hohn’s activist hedge fund has stepped up its campaign to halt an €8.5bn (£7.4bn) takeover. And now, it’s getting personal. The Children’s Investment (TCI) Fund has written to the board members of Safran, the aircraft engine maker that has agreed to buy plane-seat maker Zodiac, threatening to sue them personally if the deal goes [...]
Taxman levies inheritance tax on £5.8bn of shares March 19, 2017 Half of all inherited shares were subject to inheritance tax (IHT) according the latest figures, prompting calls for people to manage their personal finances more efficiently. Around £5.8bn of the £11.7bn of securities passed down were subject to IHT, according to data prepared by HM Revenue & Customs. Read more: How the taxman benefits from the large growth [...]
The Mitie short: Hedge funds including Marshall Wace and Old Mutual bet on more share price falls at outsourcing group March 19, 2017 | Sponsored Hedge funds are anticipating further falls in the share price of troubled outsourcing firm Mitie. Marshall Wace, Old Mutual and Henderson Global Investors are among the investors to have disclosed short positions on the company. Read more: Mitie flogs its healthcare business for just £2 Markit data, reported on by the Sunday Times, shows the [...]
This stock market index rose 289% but could still be good value March 17, 2017 | City Talk Over time, smaller company shares have outperformed larger ones, research shows. The FTSE Small Cap index has risen 289% since its nadir in February 2009, compared with a 158% rise for the FTSE 100. Because of their size, “small caps” have the potential to grow more quickly. The quicker a company can grow its earnings in a [...]
Miton shares leap 10 per cent as asset manager reports 70 per cent profit jump and management shake-up March 16, 2017 Fund manager Miton’s share price leapt 10 per cent today as the company announced a 70 per cent jump in profits and a senior management shake-up. The figures Miton’s assets under management (AUM) at 31 December were £2.91bn, up from £2.78bn a year before. Adjusted pre-tax profits for the year were up 70 per cent [...]