UK active funds outsprint passive rivals amid market flux September 7, 2021 Active fund managers outperformed index trackers for nine out of the last ten months, as British investors put their faith in a human touch to navigate volatile markets and ever-popular ESG investments. UK equity funds managed by stock pickers saw inflows rise to £1.3bn in August, staving off the threat of passive trackers, who raked [...]
Mayfair revival: Mortons private members’ club sold out of administration September 7, 2021 A Mayfair club once populated by celebrities including Lindsay Lohan and Pippa Middleton has been sold out of administration with plans to reopen next year. Administrators for Berkeley Square’s Mortons Club have sold the building, fixtures and goodwill out of administration after the company ceased to trade in 2020. Graham Bushby and Nick Edwards of [...]
Science Group escalates tactics in TP Group takeover battle September 7, 2021 Science Group, which has seen multiple offers to purchase TP Group rejected, has ordered a General Meeting in a bid to replace the company’s directors. Spurned suitor Science Group has bought up 24.1 per cent of TP Group’s issued voting capital and has called a shareholder meeting to replace two of the company’s non-executive directors [...]
Brokers and investment platforms plummet on dividend tax hike September 7, 2021 Shares in investment platforms and brokers plummeted today after prime minister Boris Johnson announced a hike to dividend taxes. Broker, TP Icap, had 9.14 per cent shaved off its share price, plummeting to 179.04p from a day high of 196.60p. Investment platforms AJ Bell and Hargreaves Lansdown both suffered heavy losses, down 2.07 per cent [...]
Hong Kong Racing Tips: Chau can shine once again aboard Star September 7, 2021 TRAINER Francis Lui looks to have found an ideal opportunity for highly-progressive four-year-old SUNNY STAR to defy top-weight, in the feature race of the day, the Community Chest Cup Handicap (2.50pm) over the extended mile. The eye-catching booking of excellent 5lb claimer Jerry Chau tilts the weights in favour of this dual course and distance winner, who improved 20lbs in [...]
Hong Kong Racing Tips: Resolute to get Millard and Moreira off the mark at the Valley September 7, 2021 REIGNING champion jockey Joao Moreira made a quiet start to the current campaign at Sha Tin over the weekend, having to wait until the finale, aboard Californiadeepshot, to get on the scoresheet. It can only be a matter of time however, before Moreira starts weaving his magic wand again and sending his many thousands of adoring [...]
Hong Kong Racing Tips: Infinity has boundless potential on second start for Hayes September 7, 2021 BANK on legendary trainer David Hayes to be the headline act once again, when Happy Valley in Hong Kong hosts its seasonal start to the season, with a typical competitive and entertaining eight-race programme. Former two-time HK champion trainer Hayes earned all the plaudits on the seasonal opening at Sha Tin last Sunday with a stunning treble, [...]
Government breaches another manifesto pledge by denying full triple lock uplift September 7, 2021 The government has breached another manifesto pledge and scrapped the normal functioning of the state pension triple lock, it announced today. In a statement delivered to the House of Commons today, secretary of state for work and pensions Thérèse Coffey announced the government will employ a triple lock lite, denying millions of pensioners an uplift [...]
Distribution of water purifying chemicals hit by driver shortages September 7, 2021 Water companies have been authorised to reduce the amount of chemicals in waste water as a result of delivery driver shortages. There have been distribution problems in water firms’ chemical supply chain but water organisations stressed there were no shortages of chemicals. Water companies have been given the green light to temporarily reduce the amount [...]
Kraken intelligence report points to potential for Ethereum to shine September 7, 2021 Kraken's highly-anticipated monthly intelligence report is suggesting Bitcoin may be about to take a back seat as altcoins drive crypto momentum in Q3.
