Actively managed funds four per cent worse than benchmark per year July 10, 2024 Less than a third of actively managed funds globally were not able to beat their benchmarks over the last year, new data from the London Stock Exchange Group (LSEG) has revealed.
Melrose founders eye FTSE 100 spot for new listed buyout vehicle July 9, 2024 A slew of blue-chip investors are backing a new listed private equity vehicle from the founders of Melrose Industries that is due to float in London on Thursday.
Starmer: Nationalising debt-laden Thames Water ‘not consistent’ with our fiscal rules July 8, 2024 Nationalising Thames Water would “not be consistent” with Labour’s fiscal rules, the Prime Minister’s spokesman has said.
Mike Ashley’s Frasers Group lowers stake in AO World July 8, 2024 Mike Ashley's retail empire Frasers Group has lowered its stake in white goods giant AO World.
Fortress Capital is a Ponzi scheme, administrators claim amid attempt to bankrupt directors July 8, 2024 Administrators of an investment firm that had been backed by celebrities and footballers have labelled it a Ponzi scheme, and will seek to bankrupt its two directors.
City ‘stands ready’ to work with new Labour government on growth July 8, 2024 Business lobby groups and the City of London have said the sector “stands ready” to work with Keir Starmer’s new Labour government on realising growth.
Meet the fund managers: Reaping income from other funds July 8, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from James Yardley, senior research analyst at the VT Chelsea Managed Monthly Income fund.
UK a ‘beacon of stability’ for markets amid boring election campaign July 4, 2024 The polls have consistently put Labour about 20 points ahead with YouGov's latest poll suggesting they are on track for the biggest majority since 1832, the year of the Great Reform Act.
What the next government needs to do to kickstart the economy July 2, 2024 There's a startling degree of consensus on the economic challenges facing the next government, but that does not make them any easier to solve.
Tritax Eurobox extends bid deadline as other interest parties emerge July 2, 2024 The deadline for Brookfield Asset Management to make a formal offer for the European real estate investment trust (REIT) Tritax Eurobox has been extended, as more companies were revealed to have expressed an interest in the trust.