Absolute return funds – designed to turn a profit come what may – fell 4.9 per cent during the market carnage last month, new analysis reveals. That loss looks benign relative to the massive declines seen elsewhere, particularly among small company and equity income funds, as the coronavirus crisis demolished global markets. The standout performer … Read more
Investors mis-sold inflation-busting mini-bonds from an unregulated firm which went bust at the start of April could be in line for payouts of up to £85,000, the Financial Services Compensation Scheme said. Basset & Gold Plc, which sponsored West Ham United football club, raised as much as £36million from 1,800 investors between its founding in … Read more
Savers’ lifeline as Tesco mulls £550m payout: 220,000 small investors in line for dividend By Matt Oliver For The Daily Mail Published: 21:55 BST, 5 April 2020 | Updated: 22:15 BST, 5 April 2020 Tesco is expected to press ahead with a £550m dividend for shareholders this week. The supermarket giant is likely to post … Read more
WH Smith expected to be among first in string of retailers to tap investors for cash after being forced to close lucrative travel business By Neil Craven, Financial Mail on Sunday Published: 21:55 BST, 4 April 2020 | Updated: 23:12 BST, 4 April 2020 WH Smith is expected to be among the first in a … Read more
Investors face fifth week of market chaos as coronavirus crackdown batters British businesses By Tom Witherow For The Daily Mail Published: 21:51 GMT, 22 March 2020 | Updated: 21:51 GMT, 22 March 2020 Financial markets are braced for their fifth week of turmoil as the City reacts to the latest crackdown on British businesses. Prime … Read more
What a week, what a month. Enough to turn many investors’ hair grey (mine included) – with some no doubt wishing that commercial travel to the moon was a) available now; and b) affordable. After all, a month doing nothing but staring out on Tycho Crater, rather than seeing your investment portfolio plunge to new … Read more
Demand for gold is soaring as investors seek a safe haven from market chaos Demand this month is heaviest since early 2009, says BullionVault Number of investors opening new accounts is nearly three times that of last year Over the past year, the price of gold in pounds has increased by nearly 30% By Jeff Prestridge … Read more
After two weeks of watching the oil price in free fall, investors now want to know what the repercussions will be. Global giants such as Saudi Aramco, Chevron and BP have said they will need to cut spending. But traders’ eyes turned to the North Sea yesterday, after industry body Oil & Gas UK warned … Read more
Defensive investment funds are still making money for investors despite the market turbulence By Daily Mail City & Finance Reporter Published: 22:21 GMT, 16 March 2020 | Updated: 22:21 GMT, 16 March 2020 Defensive investment funds managed by the likes of Ruffer and Brevan Howard have been making money for savers despite the market turbulence. … Read more