FOMO worries drive investors to get their hands on gold Global demand for gold hit record breaking highs in the recent financial quarter, as investors continue to pay significant amounts in order to get their hands on the asset amid fears of missing out on the rally. The precious metal has soared over the course of the year, storming to $4,381 (£3,308.64) this month, with [...]
TP ICAP shares fall despite revenue growth Investing Interdealer broker TP ICAP Group reported record revenue growth in the first half of the year, supported by strong broker productivity, cost control, and strategic diversification. The firm recorded adjusted revenue of £1.22bn, up seven per cent, driven by momentum in its global broking and Liquidnet divisions. The global broking arm was the business’s best [...]
Why are Brits hoarding cash? Markets Like Tolkein’s Gollum, Brits like to hoard their assets, opting for the security of cash over equity based investments. Barclays estimates that £430bn in investable funds—cash exceeding six months’ salary—are held in bank accounts rather than funnelled into the stock market. This begs the question: why are British investors so devoted to an asset which [...]
What on earth is a ‘SIPP’?! A jargon-free guide on how it could help boost your ‘future you’ fund February 12, 2025 Camilla Esmund is a senior manager at Interactive Investor, the UK’s second largest platform for private investors Don’t be put off by the acronym – a ‘SIPP’ stands for a self-invested personal pension; a type of personal pension which gives you greater control over your retirement planning. If you haven’t heard of them, you’re not [...]