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ALEX BRUMMER: As the Woodford scandal has illustrated, the only people making money in many sub-performing active funds are managers and platform operators By Alex Brummer for the Daily Mail Published: 21:51 GMT, 17 February 2020 | Updated: 09:28 GMT, 18 February 2020 Savers, pension funds and other clients who have placed their faith in … Read more
Size is the big issue of 2020. Not so long ago, it felt hugely comforting to be an investor in an extra large stock market fund, run by a star manager. The fund’s scale seemed to provide the ideal mix: security, plus the power to outperform. But then came Neil Woodford, bringing in his wake … Read more
Boris boost for equity funds as almost £4bn is invested after Conservatives’ election triumph By Daily Mail City & Finance Reporter Published: 21:51 BST, 29 December 2019 | Updated: 23:27 BST, 29 December 2019 Boris Johnson and the Conservatives campaigned on a promise to get the UK out of the EU by January 31 Almost £4billion … Read more
Savers who back Neil Woodford-style funds face crackdown on withdrawals under Bank of England proposals By Lucy White For The Daily Mail Published: 21:50 GMT, 16 December 2019 | Updated: 22:58 GMT, 16 December 2019 Investors in Neil Woodford-style funds may have to wait or accept a discount if they want to pull their money … Read more
Savers abandon property funds at the greatest rate since the Brexit vote more than three years ago By Daily Mail City & Finance Reporter Published: 21:51 BST, 12 December 2019 | Updated: 21:51 BST, 12 December 2019 Property funds have seen the biggest weekly exodus since the Brexit vote more than three years ago, as … Read more
Investors have had an unpleasant reminder that property funds may not be the haven they had hoped for. Last Wednesday, M&G suspended trading in its Property Portfolio fund because it did not have enough ready cash to satisfy redemptions. A day later, Prudential suspended some of its own funds, which feed into the M&G fund. … Read more
Preventing savers from accessing their cash from frozen funds could be the ‘biggest risk’ facing UK, IMF warns By Helen Cahill For The Mail On Sunday Published: 09:10 BST, 25 August 2019 | Updated: 09:10 BST, 25 August 2019 A leading economist has warned that an inability for savers to cash in their investments in … Read more
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