Stock market crash: Is it too late to switch to defensive funds?

Since the stock market crash I keep reading recommendations for defensive and balanced funds – but surely it’s too late for that? By This Is Money Reporter Published: 07:33 BST, 19 May 2020 | Updated: 08:34 BST, 19 May 2020 Since the stock market crash I keep reading recommendations for switching into cash and various … Read more

Hedge funds bet on £500m cash call at Hammerson

Hedge funds bet on £500m cash call at shopping centre landlord Hammerson due to coronavirus crisis Hammerson may tap investors for up to £500m to cope with coronavirus crisis A major deal to offload seven retail parks fell through as buyer Orion pulled out Hammerson will get to keep the £21m deposit paid by the bidder  … Read more

Funds to defend your savings from the market rout

In almost every part of our lives, priorities are shifting, with safety and prudence the new virtues.  In future, more people may want to preserve their money, rather than maximise returns: the return of their capital is, in other words, more important than the return on their capital. Growth will be an added extra, rather … Read more

Nervous over Isa funds? Pick a ready-made deal!

Many investors will no doubt be feeling nervous about choosing a home for this year’s £20,000 Isa allowance. But with savings rates decimated, experts insist the stock market still offers the greatest prospect of growing your wealth long term. For those who are keen to invest some or all of this year’s Isa allowance but … Read more

Princess Eugenie takes on the £5 for 5k challenge on Instagram as she helps raise funds for NHS

Princess Eugenie has taken on the £5 for 5k Run For Heroes challenge to raise funds for NHS workers.  The Queen’s granddaughter, 30, who is believed to be isolating with her husband Jack Brooksbank in Windsor, took to her Instagram stories to share a selfie as she enjoyed an evening run last night. It is … Read more

Google’s parent company funds start-up to ‘edit genes to protect against heart disease’

Google’s parent company, Alphabet, is now pouring funds into a start-up wants to gene-edit heart disease out of existence using a one-time injection.  Verve Therapeutics hopes to leverage its CEO’s discovery of a gene he believes is linked to lower heart disease risks to ‘fix’ the DNA of people at high risk of heart disease.  … Read more

Cancelled events leave contributors out of pocket and in the dark as they struggle to reclaim funds

The coronavirus pandemic has seen a number of major events cancelled, including the Edinburgh Fringe festival, Glastonbury music festival and the Wimbledon tennis tournament.    But a number of smaller events have also had to postpone and it leaves a number of questions marks if and how exhibitors will be refunded. For example, those who had booked … Read more

Tesco defies critics to pay £900m in dividends: Boost for pension funds and 220,000 shareholders

Tesco defies critics to pay £900m in dividends: Boost for pension funds and army of 220,000 shareholders By Tom Witherow For The Daily Mail Published: 21:55 BST, 8 April 2020 | Updated: 22:18 BST, 8 April 2020 Tesco offered hard-pressed savers some respite as it pledged to pay a £900m total dividend.  Chief executive Dave … Read more

Art dealer couple sell private collection including pieces by Andy Warhol to raise funds for NHS

Art dealer and his doctor wife put works from their private collection up for sale including pieces by Andy Warhol and Henry Moore to raise ‘tens of thousands of pounds’ for NHS staff Claire and James Hyman, owners of Hyman Collection, selling discounted art  Couple inspired to support NHS after daughter contracted form of coronavirus Andy … Read more

Have absolute return funds protected investors in the market storm?

Absolute return funds – designed to turn a profit come what may – fell 4.9 per cent during the market carnage last month, new analysis reveals. That loss looks benign relative to the massive declines seen elsewhere, particularly among small company and equity income funds, as the coronavirus crisis demolished global markets. The standout performer … Read more