Investors dump UK stocks as Budget rumours compound caution Investing UK equity funds have been hit with another month of outflows after investors dumped stocks in favour of cash and bonds. Investors withdrew a net £601m from UK stock funds during August, driving a broader £315m net outflow across global equity strategies. The retreat marks the fourth consecutive month of net selling globally and the [...]
Slash red tape for fund managers or risk ‘industry exodus’ Investing The government must slash red tape preventing new fund managers from setting up or risk an industry exodus, experts have warned. The rate of new fund management businesses being created has dropped precipitously in recent years as high barriers to entry have pushed too many entrepreneurs away from the industry, according to a report by [...]
Littler, Gen Z and Netflix: Why investment banks have fallen for darts Sport Business Forget AI, clean energy and healthcare, there is a new hot tip for investors looking for big returns: the historically downmarket, beer-soaked world of darts. The sport is riding the crest of a wave generated by better promotion, wider consumption and, more recently, the rise and rise of teenage phenomenon Luke Littler. Ticket demand is [...]