Sell in May and go away: Why the old adage might be true this year May 1, 2025 “Sell in May and go away, don’t come back until St Leger’s Day”. The phrase is an oft-quoted investment adage, referring to the Doncaster St Leger’s Stakes horse race in mid-September, a favourite fixture in the financial world. In the past, wealthy investors took the summer months off, causing a drop in trading activity and [...]
Man Group stock price target downgraded on performance fee concerns May 1, 2025 Man Group’s share price target has been downgraded by City broker Peel Hunt over concerns that the investment manager could see performance fee returns plummet in 2025. In a trading update last month, Britain’s largest hedge fund revealed that its assets had dropped by $5.6bn (£4.2bn) in the first two weeks of April thanks to [...]
Schroders assets plummet after foreign exchange crash May 1, 2025 Assets at Schroders fell sharply in the first quarter of the year as the money manager significantly undershot expectations in both new cash coming into the business and market performance. Analysts had been expecting Schroders’ assets under management to dip slightly across the quarter, from £779bn to £775bn, but they instead plummeted to £758.4bn, the [...]
London Stock Exchange Group: Equity arm continues to lose relevance May 1, 2025 London Stock Exchange Group’s (LSEG) equity business has continued to diminish in importance, as the firm struggles to attract new IPOs to UK markets. LSEG’s market arm was actually the fastest growing part of its business in the first quarter of 2025, but not due to the London Stock Exchange itself, the firm revealed in [...]
Trump points finger at Biden as US stocks sink amid recession fears April 30, 2025 Donald Trump has lashed out at Joe Biden, insisting that his presidential predecessor was to blame after the US economy suffered its worst-performing quarter in three years. A slew of disappointing economic data sent US stocks sharply south on Wednesday as the clearest signs yet of the damage wreaked by the White House tariff agenda [...]
FTSE 100 continues longest winning streak since 2017 April 30, 2025 The FTSE 100 is on track for another strong day after 12 days of positive performance, marking its best winning streak since 2017 amid a calming of investor nerves over an erratic US tariff policy. London’s main index has had a positive performance every day since 10 April, and is currently up 0.12 per cent [...]
US dollar set to fall further as gold rally expected to resume April 30, 2025 The US dollar is set to continue falling against other major currencies such as the pound, despite stabilising in recent days, while gold is expected to resume its record rally, UBS analysts have said. The DXY index, which tracks the dollar’s performance against a basket of currencies, fell sharply at the start of April following [...]
Aberdeen: Interactive Investor success softens mass withdrawals April 30, 2025 Investors pulled £5.2bn from Aberdeen over the last quarter, disappointing analysts that had been hoping for a turnaround since the Scottish fundhouse’s name change. The asset manager, which dropped the disemvoweled ‘Abrdn’ name earlier this year, saw withdrawals from every arm of its business over the firm quarter except Interactive Investor, it revealed in a [...]
UK dividends slump in 2025 after cuts from Vodafone and Burberry April 28, 2025 UK dividends totalled just £14bn in the first quarter of 2024, a 4.6 per cent decline from last year, thanks to major cuts from key companies like Vodafone and Burberry. While regular dividends only fell by 0.2 per cent, a 3.3 percentage point drop in special dividends dragged down the figure, data from Computershare revealed. [...]
Which taxes hurt growth the most? April 24, 2025 No business enjoys paying taxes. The knock to a company’s bottom line, as well as the costs of compliance with a sprawling regulatory regime, can leave execs foaming at the mouth. But some taxes are more damaging to growth than others. And, according to fresh research, some have virtually no negative economic impact at all. [...]
