Asset manager Fidelity International has expanded its passive fund range with the launch of a new index UK Government bond and sterling corporate bond fund. The new additions are the first fixed income funds to be launched in the group’s index range which was established in 1996 but has, until now, only ever included funds … Read more
Banksy secretly funds ship named after French feminist anarchist rescuing migrants trying to reach Europe from north Africa By Daily Mail Reporter Published: 07:49 BST, 28 August 2020 | Updated: 07:49 BST, 28 August 2020 Artist Banksy has funded a ship to rescues refugees who get into difficulty while trying to reach Europe by crossing the … Read more
Laid low by a flagging share price, BT is now feared to be an attractive target for vulture funds that could swoop in and pick it to pieces. The former state telecoms monopoly, privatised by Margaret Thatcher, was worth £49billion four years ago but its value has since been diminished to just over £10billion. Yet … Read more
A leading pensions provider has joined forces with a property developer to build a new retirement village in Buckinghamshire worth around £80million. This is Money can reveal the Royal London Pension Property Fund has agreed to provide funds for Audley Group’s Wycliffe Park development, a 25-acre site at Horsleys Green in Buckinghamshire. Audley will be … Read more
Hedge funds bet £100m on cash-strapped package holidays giant Tui’s share price dive By Jamie Nimmo, Financial Mail On Sunday Published: 21:52 BST, 22 August 2020 | Updated: 22:07 BST, 22 August 2020 Cash-strapped package holidays giant Tui has come under attack from hedge funds hoping to cash in on a looming rights issue aimed … Read more
Sustainable investing is still seen by many as a route to virtue rather than returns. But clinging to this outmoded notion could prove financially damaging. The pandemic has hardened attitudes towards corporate bad behaviour, with errant businesses, such as fast fashion retailer Boohoo, taking a hit to their share price. Many sustainable funds, whether they … Read more
Nanotechnology firm seals funds to sue Samsung claiming the Korean firm stole patented tech to use in their TVs By Daily Mail City & Finance Reporter Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 Nanoco has secured a chunk of funding to help it pursue a lawsuit against Samsung. The … Read more
Press watchdog’s offshoot funds website accused of publishing conspiracy theories about terror attacks – including one suggesting MI5 may have arranged the murder of British soldier Lee Rigby Public Interest News Foundation (PINF) handed grant to 5Pillars this year 5Pillars ran pieces questioning MI5’s alleged links to murder of Lee Rigby in 2013 PINF is … Read more
Funds invested in the US, in technology and in gold have topped the charts for the best performers of 2020 at the end of its tumultuous first six months. While the massive global markets sell-off in March was indiscriminate, the recovery was less so. Sectors deemed vulnerable to Covid and the changing commercial landscape it … Read more
How tech and gold funds shone brightly during crisis with returns of over 50% since January By Lucy White For The Daily Mail Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Gold funds have been a beacon of hope for investors amid the coronavirus market turmoil this year. Investment funds … Read more