American hedge fund Citadel in £275m bet against UK grocers

American hedge fund Citadel places £275m bets against UK grocers Citadel has been building up short positions in both Sainsbury’s and Morrisons  Citadel is also betting against shares in troubled airline group easyJet  By Jamie Nimmo For The Financial Mail On Sunday Published: 22:22 BST, 25 April 2020 | Updated: 22:22 BST, 25 April 2020 … Read more

Tie-up between Paddy Power owner and Sky Bet owner gets backing

Bookie tie-up between Paddy Power owner Flutter and Sky Bet owner Stars Group gets backing By Daily Mail City & Finance Reporter Published: 22:21 BST, 31 March 2020 | Updated: 22:21 BST, 31 March 2020 Bookie merger: The combination of Flutter and the Stars Group will have a turnover of over £4.4bn A £10billion mega-merger … Read more

Why a ‘best buy’ fund isn’t always the sure bet it seems

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

Investors bet against bookie as doubts grow over £10bn merger

Investors bet against bookie as doubts grow over £10bn merger between Paddy Power owner and Canadian rival By Calum Muirhead For The Daily Mail Published: 21:50 BST, 10 February 2020 | Updated: 21:55 BST, 10 February 2020 The blockbuster merger to create the world’s largest gambling company ‘is not a done deal’ and could be … Read more

Cannabis firms head to London for £100bn POT of gold – but is it a good bet?

It’s an industry most of us associate with dingy, smoke-filled bars in Amsterdam and the more liberal states in the US and Canada. But cannabis companies are making their way to London to tap into a £100billion European market and cash in on the Square Mile’s so-called ‘green rush’ among investors. In the past few … Read more