The FTSE 100 has rallied as a fall in the number of new coronavirus cases buoyed investors while shares in house builders were lifted by upgrades from analysts at HSBC. The UK blue-chip index rose 59 points, or 0.8%, to 7,441, as the number of new coronavirus...
Citywire
Articles from this author
The big strengths and dangers of Jupiter’s post-Merian fund roster
Jupiter has clearly been quite strategic with the managers it has chosen to bring over, for reasons beyond the fact they account for 87% of Merian’s assets. Of the five Merian managers who have so far committed to Jupiter, the two that stand out are Daniel...
Hargreaves overlooks Woodford as it rules own funds offer value
Hargreaves Lansdown said its multi-manager fund range has delivered value to investors, despite large positions in Neil Woodford’s failed Equity Income fund hit hampering In a 78-page disclosure issued under newfund value assessment rules, the...
Aegon’s CGT platform calculator won’t cope with Woodford returns
Aegon has told platform customers who invested in the Woodford Equity Income fund to seek advice about capital gains tax (CGT) liabilities, because its online calculator will not be able to factor in distributions from the fund's wind-up. Investors trapped...
Hargreaves Lansdown drops M&G Recovery from Wealth 50
Hargreaves Lansdown has dropped the £2.1 billion M&G Recovery fund from its Wealth 50 buy list after a prolonged period of poor performance.
Morningstar downgrades Nick Train’s funds over capacity concerns
Investment research group downgrades Lindsell Train UK Equity fund and Finsbury Growth & Income investment trust.
McDonnell attacks ‘asleep at the wheel’ FCA over Woodford dividends
Shadow chancellor John McDonnell criticises City regulator after fund manager Neil Woodford took millions of pounds in dividends in before his business collapsed.
Stop Bailey BoE appointment until Woodford inquest done
Shadow chancellor John McDonnell has demanded that Andrew Bailey’s appointment as governor of the Bank of England be suspended until an inquest into his conduct as head of the Financial Conduct Authority be completed.