Investec launches £250m real estate fund… But not for retail investors funds The strategy, called 'REALIS,' is aimed at institutional investors and high-net-worth individuals rather than retail investors.
Investec expects double-digit earnings growth after year of change investment In the past few years Investec also spun off its wealth management business Ninety One and sold its remaining 15 per cent stake in 2021.
Investors flee bonds and stocks to cash as interest rates stay high Investing UK retail investors are increasing flocking to cash over other investments as interest rates remain at sky-high levels. Interest rates are at their highest level in over 15 years, at 5.25 per cent, leaving many investors to see a guaranteed return on cash as more appealing than stocks or bonds. UK households now hold 31 [...]
Saga surges towards profit in ‘stronger than expected’ six months January 30, 2024 Over 50s specialist Saga reported a “stronger than expected” six months this morning after announcing last week that it was looking to sell a stake in its cruise business to cover its debts. In a trading update, Saga revealed that over the last six months, revenues increased by between 10 to 15 per cent, while [...]