LGIM’s gender diversity fund outperforms FTSE 350 in first year May 28, 2019 A fund that invests in UK companies that are prioritising gender diversity has marked its one-year anniversary, having encouraged firms to boost the number of women in leadership positions. Legal & General Investment Management’s (LGIM) Gender in Leadership UK index fund (Girl fund) allocates a score to FTSE 350 firms based on the number of women [...]
‘Lack of confidence’ to blame for gender investment gap May 28, 2019 More than a third of wealthy women do not invest due to a lack of confidence, according to new research. A total of 35 per cent of high net worth women do not have an investment portfolio, a survey of 500 wealthy individuals found, compared to 17 per cent of men. Read more: When women [...]
Vodafone dividend cut: which UK shares might be next? May 28, 2019 | City Talk By Tom Bailey from interactive investor. Vodafone's cut might be a canary in the coalmine for FTSE 100 shares. Over the past year the market has increasingly cooled on Vodafone (LSE:VOD). The company has a long list of problems, including the high cost of 5G investment, being squeezed by competition on the continent and high [...]
London takes second place in Schroders Global Cities 30 index despite Brexit uncertainty May 28, 2019 | City Talk London has overtaken Hong Kong to be ranked second in the latest Schroders Global Cities 30 index, despite economic and political uncertainty in the UK. The ranking reinforces London’s position as a significant contributor of the UK economy and highlights the UK capital’s attraction as a location for real asset investing. London remains the highest-positioned [...]
Taking the higher ground rent: How homeowners can stop themselves falling victim to dubious leasehold contracts May 28, 2019 Finally able to buy your first home, you skip away from the rat race that is the rental system, proudly boasting the much-revered title of “homeowner”. And yet, if you’ve bought a leasehold property, it might not be the picket-fenced dream that you’d bargained for. Millions of UK properties, typically flats, are sold as leasehold. This [...]
The tenant fee ban is good news for landlords May 28, 2019 From 1 June, it will be illegal for tenants in England to be charged letting fees, with deposits capped at six weeks’ rent. Anyone who rents their home will see the benefits in the tenant fee ban, with tenants expected to save an average of £400 per move. More importantly, this policy marks the beginning [...]
Sir Philip Green told to plug Arcadia’s mammoth pensions deficit with his own cash May 24, 2019 Frank Field has weighed in on the row surrounding Sir Philip Green’s proposed restructuring of Arcadia, calling on the Topshop tycoon to guarantee his staff’s pensions with his own personal fortune. Read more: Arcadia to shut two dozen stores in radical rescue plan In a letter, the Work and Pensions Committee chair said Green should [...]
Greggs shares are on fire, but can it last? May 24, 2019 | City Talk By Graeme Evans from interactive investor. After some great results, shares in fast-growing Greggs have taken just seven months to double in value. Thanks to a social media frenzy and masterclass in PR, the Greggs vegan sausage roll is now surely a thing of stock market folklore. The transformation of the Greggs (LSE:GRG) brand and [...]
Two common errors that investors make…and how to overcome them May 24, 2019 | City Talk The past six months have highlighted two common errors that investors frequently make. The first relates to a misunderstanding about the way investments compound over time and the second is the way that emotions can cloud our judgement. Both can be remedied relatively easily. The impact of compounding In relation to the first, the US [...]
China trade war? No worries May 23, 2019 | Sponsored Mike Kerley, fund manager for Henderson Far East Income, gives update on the fund’s portfolio activity and why the US-China trade war poses little threat to the fund.