MERCANTILE INVESTMENT: £2bn trust pins hopes on UK’s purple patch By Jeff Prestridge, Financial Mail on Sunday Published: 21:52 GMT, 13 March 2021 | Updated: 21:52 GMT, 13 March 2021 Fund manager Guy Anderson is excited about the prospects for the UK economy and the stock market – more so than at any time in … Read more
Investment trusts have beaten funds on returns in most major sectors over ten and 20 years – but can you still find a bargain as discounts narrow? New research from Interactive Investor has found investment trust sectors have outperformed most of their open-ended counterparts over ten and 20 years UK Equity Income trusts have outperformed … Read more
An investment group backed by wealthy sports stars including Wayne Rooney, Ashley Cole and Sam Allardyce defaulted on a huge £4.7million bank loan – blaming money flow issues during the coronavirus pandemic. The partnership, made up of other well-known names including boxer Joe Calzaghe, former Everton boss Roberto Martinez and one-time England keeper Joe Hart, are … Read more
An investment group backed by wealthy sports stars including Wayne Rooney, Ashley Cole and Sam Allardyce defaulted on a huge £4.7million bank loan – blaming money flow issues during the coronavirus pandemic. The partnership, made up of other well-known names including boxer Joe Calzaghe, former Everton boss Roberto Martinez and one-time England keeper Joe Hart, are … Read more
What does Joanna Coles, a former women’s magazine editor, have in common with US sports stars Alex Rodriguez (A-Rod) and Shaquille O’Neal, tycoon Sir Richard Branson and Martin Luther King III? The answer, as those who keep up with the latest craze on Wall Street will know, is that they are all aficionados of the … Read more
More than 700 holders of investing Isas that rank at more than a million pounds have one clear thing in common – a hefty weighting towards investment trusts, according to a leading Isa platform. Interactive investors has revealed that among the 731 pots of a million pounds or more that are held with it, closed-ended … Read more
It is time to be positive. After almost 12 months of hunkering down as Covid-19 raged, economic recovery is on the way. Not just in the UK, but globally as economies across the world emerge from lockdown and life hopefully returns close to normality. Although China is leading the global economic reboot, the UK is … Read more
As an ordinary punter, it can be tough to stay one step ahead and make prudent and profitable decisions about where to invest your hard-earned cash. But twice a year a report surfaces that names and shames underperforming investment funds, and managers ‘live in fear of being included in the kennel of shame’, according to … Read more
Insurance and investment giant Aviva has launched its own cash savings platform, This is Money can reveal, but savers will earn more by going to the banks directly. Britain’s largest insurance firm’s answer to the likes of Hargreaves Lansdown Active Savings and Flagstone has opened with 15 fixed-rate bonds offered by Aldermore, Oaknorth and Paragon … Read more
‘Red Wall’ Tory MPs demand a ‘Northern Big Bang’ of investment and Government action to boost the region as they warn voters are ‘tired of being neglected in favour of London and the South East’ Northern Tories want PM to unleash a new investment boom in the region They say it needs plan comparable to 1980s … Read more