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High-flying fund manager Baillie Gifford has significantly reduced its Tesla share holdings across at least 11 of its funds and investment trusts, including Scottish Mortgage. The Edinburgh-based fund manager, which was Tesla’s largest external investor with a 7.7 per cent stake as recently as last year, sold off shares during January, This is Money research … Read more
Hundreds of wounded investors have flocked to take legal action after fallen fund manager Neil Woodford announced a brazen comeback. The disgraced stock-picker announced his return less than two years after the collapse of his investing empire and £3.7 billion flagship fund. As many as 500,000 savers were hit by the crisis, and around £200 … Read more
While Covid has been an unwelcome interruption for international teleradiology specialist Medica Group, the company has still been able ‘to take great strides in executing on its strategy and the growth potential of the business remains strong’, says Stuart Quin, chief executive. Pre-lockdown, Medica fleshed out plans to double revenues in five years. It said … Read more
Investors could face higher bills after compensation bill for victims of mis-selling and collapsed firms tops £1bn By Rachel Rickard Straus For The Mail On Sunday Published: 11:46 GMT, 14 February 2021 | Updated: 11:46 GMT, 14 February 2021 Savers and investors face higher product and advice charges this year as a result of a … Read more
Neil Woodford plots shock comeback with new Jersey-based biotech fund – but it won’t be taking small investors’ money Neil Woodford’s £3billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money out He is now planning to create a new fund … Read more
What makes star fund managers lose their sparkle? They go to pastures new and then lose their Midas touch By Edmund Tirbutt, Financial Mail on Sunday Published: 21:52 GMT, 13 February 2021 | Updated: 22:06 GMT, 13 February 2021 Fall from grace: Neil Woodford When a star fund manager moves to pastures new, it’s no … Read more
SECURITIES TRUST OF SCOTLAND: All change at £200 investment fund, but income is still essential By Jeff Prestridge, Financial Mail on Sunday Published: 21:52 GMT, 13 February 2021 | Updated: 21:52 GMT, 13 February 2021 It has been all change at Securities Trust of Scotland, at £200million investment fund with a global income mandate. Since … Read more
Talk of a bounce back from the economic devastation wreaked by Covid-19 may feel a little premature in the UK. We are still in the midst of it all. But some countries are enjoying the first signs of recovery. So-called emerging market economies have started to see strong growth and many investment experts believe they … Read more
MIDAS SHARE TIPS UPDATE: DS Smith is one of the biggest listed companies in the country and it is helping businesses to become greener By Joanne Hart, Financial Mail on Sunday Published: 21:51 GMT, 13 February 2021 | Updated: 21:51 GMT, 13 February 2021 FTSE100 group DS Smith is one of the biggest listed companies … Read more
Prime Minister Boris Johnson is committed to making Britain greener. That means people and businesses need to reduce their energy consumption and wean themselves off oil and gas. The public sector, including schools, hospitals and prisons, needs to play its part too, but the process can be costly and cash is in short supply, now … Read more