Buy in May, don’t go away? Meet the month’s favourite FTSE 100 stocks May 31, 2024 "Sell in May and go away" might be a favourite saying of the City, but stocks on the FTSE 100 have seemingly ignored it, surging ahead throughout the month.
Baillie Gifford ends Edinburgh Book Festival sponsorship after fossil fuel row May 31, 2024 Scottish asset manager Baillie Gifford has been dropped as a sponsor for the Edinburgh International Book Festival after a row over the company's investments in fossil fuels and companies benefiting from Israel's occupation of Palestine.
AI venture capital trust dishes out more funding May 31, 2024 Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three months.
Mike Ashley’s Frasers Group ups stake in Hugo Boss to over £300m May 31, 2024 Mike Ashley's Frasers Group has upped its stake in fashion brand Hugo Boss, bringing its total stake in the company to £305m.
Scaredy cats? Brits shy away from stock market compared to Americans May 30, 2024 The number of Brits investing in the stock market currently sits at only 23 per cent, compared to 61 per cent for Americans.
The first trust in a year just debuted – and it’s aiming for £500m May 29, 2024 The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.
Nick Train: We ‘acknowledge and apologise’ for our poor performance May 28, 2024 Nick Train, manager of one of the largest funds in the UK, has apologised for his poor investment performance, blaming the "malaise gripping the UK equity market".
Cryptocurrency lands on the London Stock Exchange May 28, 2024 A series of product providers have received approval to launch crypto products on the London Stock Exchange.
ETF Ponzi funds: How market bubbles are born every day May 28, 2024 'Ponzi funds' chasing a small number of stocks are inflating asset prices by as much as $500m every day, a new paper has revealed.
