Numis reigns victorious as it steals the crown of top City stockbroker from JP Morgan Cazenove September 4, 2017 JP Morgan Cazenove has lots its top spot as the City’s most popular stockbroker, as Numis Securities has crept ahead to take the largest number of stock market clients. With 189 clients to Numis’s 195, this is the first time that JP Morgan Cazenove has ever lost its crown since Adviser Rankings began collecting data [...]
Where to find the biggest investment returns according to Coutts: Classic cars are better than luxury properties | City A.M. September 3, 2017 Splashing some cash on a classic car isn’t just good for your image, it’s actually the best asset in which to invest in terms of returns when it comes to desirable items. That’s according to banker to the Queen, Coutts, which has compiled an annual list of the best performing assets, taking into account such [...]
London house prices: More than a third of London properties have had their prices cut September 1, 2017 There was more evidence London house price growth is slowing down this morning, after new figures showed more than a third of properties on sale in the capital have had their prices cut. Some 37 per cent of London homes have been discounted since they went on sale, up from 32 per cent in March. [...]
London house prices: A £90m Knightsbridge flat is the most expensive home on record August 31, 2017 The £90m purchase of an apartment in Knightsbridge is the most expensive residential property transaction ever recorded by the Land Registry, it turns out. Capital FM owner Ashley Tabor bought the massive four-bedroom penthouse flat at 199 Knightsbridge in April this year, with plans to knock it through into the apartment he owns next door [...]
It’s official: A £90m Knightsbridge flat is the most expensive home on record August 31, 2017 The £90m purchase of an apartment in Knightsbridge is the most expensive residential property transaction ever recorded by the Land Registry, it turns out. Capital FM owner Ashley Tabor bought the massive four-bedroom penthouse flat at 199 Knightsbridge in April this year, with plans to knock it through into the apartment he owns next door [...]
Here’s how much property prices will rise in the next 10 years August 30, 2017 Property prices are being tipped to soar over the next decade, even if they continue to increase at the sluggish rate experienced since Brexit. House prices have risen by 0.37 per cent each month since the referendum – compared with 0.67 a month during the preceeding year. If the current rate of growth were to [...]
The London Stock Exchange is shrinking: Why the capital needs to float more IPO boats August 29, 2017 Something strange is happening to London’s equity market. In a word, it is shrinking. Steadily, but surely, and over a long period of time. This threatens to have long-term financial and economic consequences for all of us. This may surprise you since on the face of it everything looks rosy. The FTSE 100 is sitting [...]
Should investors be worried about an ETF bubble? August 29, 2017 Exchange-traded funds (ETFs) have stormed the markets in recent years, which is hardly surprising when you consider the shedload of criticism the active management industry has faced over its failure to provide value. It’s clear that investors have been turning their backs on mutual funds and flocking to cheaper passive products – like ETFs – [...]
Electric cars to charge ahead August 29, 2017 In late July, the UK government announced plans to ban the sale of new petrol and diesel-only cars in Britain from 2040[1]. It joined the Netherlands, Norway, India, and France to become the fifth country to commit to ending the sale of traditional internal combustion engine cars. However, while it has yet to commit to [...]
Petrofac chief executive Ayman Asfari has been sanctioned for insider trading on the Italian stock exchange August 24, 2017 Italy’s market watchdog has taken administrative sanctions against Ayman Asfari, the chief executive of Petrofac, over alleged insider trading. The Italian National Commission for Companies and the Stock Exchange (Consob) alleged that an executive of an Italian listed company passed inside information to Asfari, which Asfari subsequently acted on by trading in the securities of [...]