The Notebook: Three quarters of Brits don’t invest – it’s time for a confidence boost October 2, 2024 Most Brits just aren't investing - but a little confidence could make all the difference, writes Camilla Esmund in today's Notebook.
UK retail investors shun risk in run up to US election October 2, 2024 Optimism and risk appetite have fallen over the last quarter among UK retail investors as August’s market wobble and fears over the US election build, City AM can reveal. Optimism fell 3.5 per cent and risk appetite dropped three per cent in the UK over the last three months, a survey of over 2,500 retail [...]
Freetrade revenue soars as platform launches share lending September 16, 2024 Revenue at investment platform Freetrade spiked 34 per cent in the first half of the year, bringing in £233m in new cash to the stock trading website. The group reported £2.5m in cost savings in its half-year results, moving it into profitability after losing £5.6m in adjusted operating profit during the first half of last [...]
Seedrs: Fewer deals and lower investment hits revenue at crowdfunding platform ahead of Republic Europe name change September 12, 2024 Seedrs suffered a 10 per cent cut in its revenue after fewer deals and less investment were made through its crowdfunding platform in 2023. The business has reported a revenue of £6.1m for the 12 months, down from the £6.8m it posted in 2022. The London-headquartered company provides an online platform for investing in early [...]
Robinhood boss: Why UK public should trust trading and investing app after Gamestop saga September 10, 2024 In this episode of Boardroom Uncovered, the boss of Robinhood UK Jordan Sinclair talks about his journey from South Africa to the City of London, how the trading and investing app is taking on the likes of Hargreaves Lansdown and AJ Bell as well as what kind of a leader he is.
Fundsmith Equity falls out of most bought list for the first time September 3, 2024 Fundsmith Equity, the largest investment fund in the UK ran by star manager Terry Smith, has fallen out of Interactive Investor’s most bought list for the first time ever. The list has been tracking the top ten most popular equities, funds and trusts on the platform since 2018. Fundsmith Equity topped the list as recently [...]
The best and worst performing funds in August 2024 September 2, 2024 Funds focusing on North American smaller companies were the worst performing in the UK last month, as a weakening dollar and fears over a US recession shook the market. North American Smaller Companies funds fell by 3.3 per cent in August, followed by funds focusing on China (-2.9 per cent), commodities (-2.3 per cent) and [...]
The name’s bond. Savings bond. But most Brits still think of 007 August 28, 2024 The majority of Brits are more likely to associate the word ‘bond’ with fictional spy James Bond over the savings product. A survey of over 2,000 Brits revealed that 70 per cent of Brits associated ‘bond’ with the secret agent, according to new data from Moneyfarm. This trend was consistent across genders, though 41 percent [...]
Beachside buying: One in six DIY investors pick portfolios by the pool August 14, 2024 One in six do-it-yourself UK investors are indulging in sun,sand, and stockpicking by managing their portfolios at the poolside, new research has revealed. Some 20 per cent of male investors and 11 per cent of female investors admitted to buying and selling stocks by the pool, according to a 1,000 person study from digital investment [...]
UK investors pour £1.2bn into fund market during June August 8, 2024 UK investors poured £1.2bn into funds during June, after a drought of investment from the retail space, data from the Investment Association has revealed. Despite pulling over £24bn from funds throughout 2023, the first half of 2024 was a rare gem of success, with £1.7bn being added to funds over the six months. So where [...]