Old Mutual North American Equity added to the Foundation Fundlist Ian Heslop outperform S&P 500 US stock market quantitative FANG Amazon Facebook July 10, 2018 Finding funds that consistently outperform the American market is, it is often said, notoriously difficult. This has certainly been the experience over the past decade, accentuated in the past few years by the dominance of larger companies in dictating market returns, notably the so-called ‘FAANG’ stocks: the quintet of Facebook, Apple, Amazon, Netflix, and Google, [...]
HTC sales drop 68 per cent in June, the biggest slump the smartphone maker has had in over two years July 6, 2018 Smartphone maker HTC today released sales figures for June which showed the company is currently undergoing its biggest slump in more than two years. HTC said its consolidated revenue for June 2018 came in at 2.23bn Taiwanese dollars (£55.3m), falling 67.64 per cent from the same month last year at $6.8bn. Its numbers also fell [...]
The Petersham at Petersham Nurseries in Covent Garden review: Some decent, basic food for those willing to splurge an obscene amount July 5, 2018 Covent Garden has reinvented itself more times than Madonna, had more facelifts than Mickey Rourke, seen more costume changes than Matthew Kelly. Once a Monk’s vegetable patch, it’s been home to prostitutes and drunks, clowns and mimes, apples and Apple. Before Capital & Counties (Capco) bought the market and the surrounding seven acres in 2006, [...]
Chef’s Table: M Restaurant Chef Mike Reid interviews former England and Manchester United star Andrew Cole July 5, 2018 This month, M Restaurant chef Mike Reid cooks lunch for former Manchester United and England striker Andrew Cole, as they discuss the pressure on footballers, recovering from a kidney transplant, and why Australia is terrifying. STARTER: Cured Sicilian red prawns with potato sauce, peas and almonds; Burrata with baby tomatoes, spiced bread and red pepper; [...]
This bull market has relied on technology shares July 4, 2018 This has been a long and unusually hesitant and worried bull market. Indeed, there have been a substantial number of sectors that have lived through their own bear markets whilst the overall indices push on to new highs. The US has outperformed the other advanced country equity markets and China easily over the twelve months, [...]
Fortnum and Masons suffers major data hack, with 23,000 customers potentially affected July 2, 2018 British retail behemoth Fortnum and Masons has been the latest victim of a major data hack, it was revealed today. The personal information of some 23,000 customers is left at stake, exposed through a partnership the company had established with survey company Typeform for its food and drink awards. Specifically, those who voted through Typeform [...]
The digital revolution comes to healthcare: NHS unveils new app designed to empower patients July 2, 2018 The government has today unveiled plans for a free NHS mobile app to make accessing health services quicker and easier. Not only does the app give patients remote access to their medical records, it also allows them to make appointments with their GP and order repeat prescriptions as well as get medical advice from the [...]
Wimbledon 2018: Zverev, Dimitrov, Del Potro, Kyrgios, Cilic – Can anybody challenge Federer and Nadal? July 1, 2018 Roger Federer and Rafael Nadal have a stranglehold on men’s tennis. It’s not the first time the two greats of the game have combined to monopolise the grand slams, but with those two legends aged 36 and 32 respectively some might have expected their superpowers to be on the wane. They’re not. Federer and Nadal [...]
Apple supplier Sharp’s share price rises 18 per cent, after scrapping its $1.8bn share sale June 29, 2018 Japan’s Sharp has scrapped its plans to issue $1.8bn in new shares, just weeks after its share price began to plummet as a result of the announcement. Its share price fell as much as 21 per cent since the announcement on June 5th, over investor fears that the deal would dilute earnings per share by [...]
Transferwise announces partnership with UK challenger bank Monzo on international money transfer June 25, 2018 Challenger bank Monzo has announced a partnership with fintech unicorn Transferwise on international payments. It marks the second big tie-up for Transferwise in recent weeks, after confirming it was working with France's second largest bank BPCE Groupe. Today, the companies said the partnership will mean Monzo customers can make international payments after the challenger bank [...]