Prudential bosses in shake-up talks BEFORE hedge fund called for a break-up By Lucy White For The Daily Mail Published: 21:55 GMT, 26 February 2020 | Updated: 21:55 GMT, 26 February 2020 Prudential was planning a major overhaul before US hedge fund Third Point demanded a break-up this week. The 172-year-old life insurer, which is … Read more
DIY investors should pay close attention to the picks featured on favourite fund lists, as not all of them will be the star performers they appear to be. In the worst-case scenario, investors have a nearly one-in-three chance of picking a poorly performing fund, which could continue to make sub-par returns, research shows. ‘Investors think … Read more
Fraud fund used to pay back blameless scam victims extended AGAIN as squabbling banks can’t decide on a long-term solution Seven banks including the UK’s biggest names have been funding a central pot This was initially due to run out at the end of 2019 and be replaced Banks cannot decide on a long-term solution … Read more
TR EUROPEAN GROWTH TRUST: The fund that has big ideas in world of small firms By Jeff Prestridge for The Mail on Sunday Published: 22:02 GMT, 29 February 2020 | Updated: 23:02 GMT, 29 February 2020 It is not just in the UK where smaller companies are expected to outperform the rest of the stock … Read more
FTSE could hit 5,000, warns hedge fund boss Crispin Odey as coronavirus spooks City Odey said the disruption to the economy could lead to further dips in shares He said levels closer to 5,000 points looked ‘highly probable’ Retailers say high street shelves may soon be left empty if Chinese factories remain closed for much … Read more
BlackRock fires fund manager for a conflict-of-interest after he lent $75MILLION of investor money to an indie movie studio that cast his DAUGHTER in one of their films BlackRock Multi-Sector Income Trust manager Randy Robertson ‘loaned $75million of the fund’s money to indie film studio Aviron Pictures’ in 2017 Aviron later cast Robertson’s actress daughter, … Read more