Explainer: What on Earth has the Bank of England done with its bond sale programme? Economics The Bank of England chose to hold interest rates at 3.75 per cent on Thursday. But its unexpected overhaul of quantitative tightening could be far more consequential, says Ali Lyon. On days when the Bank of England’s Monetary Policy Committee decides the future of interest rates, that choice – and the thinking that goes into [...]
Hargreaves Lansdown predicts FTSE small cap surge amid low valuations Investing Hargreaves Lansdown have backed the investment case for the smallest companies in the UK, predicting that the FTSE small cap sector will rally thanks to its low valuations. Describing the smaller companies investment space as “compelling,” the investment platform noted that over the last five years, the FTSE small cap index (excluding investment trusts) has [...]
St James’s Place fund in the doghouse over underperformance Investing St James’s Place’s Global Quality Fund has retained its spot as the largest fund to be consistently underperforming after falling 26 per cent below its benchmark over the last three years. The report from Bestinvest, which identified the funds in the ‘doghouse’ due to persistent underperformance, found 137 funds struggling to match their peers. Despite the [...]
Columbia Threadneedle property trust bought out for £673m despite management complaints September 4, 2024 Columbia Threadneedle-run Balanced Commercial Property Trust has reached a deal to be sold for £673.5m, despite objections from its investment manager. The trust has been managed by Columbia Threadneedle since it was created in 2005, and began a strategic review this April after shareholders told it there was “need for change from the status quo”. [...]
Threadneedle accuses KKR of ‘ram raiding’ UK equities in fallout from IQGeo bid May 19, 2024 Threadneedle has accused KKR of "ram raiding" the London stock market, in the wake of the US private equity firm's takeover of IQGeo.