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DIY investment platform Interactive Investor has revealed its average Isa millionaire account is powered by a much larger weighting towards investment trusts than funds. These bigger accounts have 46 per cent in closed-ended funds on average, with only 7 per cent of their portfolios in their open-ended counterparts. The most widely held trusts are the … Read more
City watchdog warns over investment scams as more households gamble their money due to meagre savings rates By James Salmon for the Daily Mail Published: 22:44 GMT, 18 February 2020 | Updated: 22:44 GMT, 18 February 2020 The City watchdog has sounded the alarm over investment scams, warning many households are gambling their money because … Read more
London is Europe’s best city to invest in and Manchester moves into the top 30 of the Global Cities Index thanks to a strong environmental score Los Angeles has come top of the table, just ahead of London and Hong Kong Manchester had the second highest ‘Environmental Impact Score’ It is the first time the … Read more
If you want to invest in the world’s largest companies without doing the legwork yourself, Brunner Investment Trust might just fit the bill. Brunner has been around a long time and is a balanced fund focusing on income allied to capital growth. Formed in 1929 by the Brunner family, who still have a 29 per … Read more
Cher’s number one hit Believe snapped up by music investment fund Hipgnosis By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 January 2020 | Updated: 21:51 BST, 24 January 2020 A music investment fund has snapped up the rights to number one Cher hit Believe along with other chart-topping songs. Hipgnosis said it … Read more
SMALL CAP MOVERS: Lekoil value plunges by two-thirds as it falls victim to investment scam By Calum Muirhead At Proactive Investors For Thisismoney Published: 12:15 GMT, 17 January 2020 | Updated: 12:15 GMT, 17 January 2020 Junior oiler Lekoil was the major story on AIM this week with its value dropping by around two-thirds after … Read more
US investment giant Vanguard gets permission to offer cut-price investment advice in the UK By Daily Mail City & Finance Reporter Published: 21:50 BST, 9 January 2020 | Updated: 09:08 BST, 10 January 2020 US investment giant Vanguard is planning to pile pressure on wealth managers which have also come under fire over inflated fees … Read more
Buying a fund that invests overseas but mitigates negative currency moves rather than just them riding out sounds like a good idea on the face of it. But individual investors are routinely warned off using the ‘currency hedged’ versions of funds, because it involves making tough judgement calls that professionals often get wrong. Don’t fancy … Read more
Investment industry is ‘morally bankrupt’, say campaigners in wake of Woodford fees scandal By Lucy White For The Daily Mail Published: 22:05 BST, 8 January 2020 | Updated: 22:17 BST, 8 January 2020 The boss of the investment industry’s trade body has been slammed for failing to take action on the fees savers are charged … Read more
Investment fund axes Neil Woodford protege Mark Barnett after string of weak results By Lucy White For The Daily Mail Published: 21:50 BST, 11 December 2019 | Updated: 22:10 BST, 11 December 2019 Mark Barnett, former protégé of Neil Woodford, has been fired from the £1.1bn Edinburgh Investment Trust Mark Barnett, the former protege of … Read more