Scottish Mortgage has 5.8% of its funds invested in China’s Tencent

Scottish Mortgage bets big on Beijing: UK’s biggest investment trust has 5.8% of its funds invested in Tencent By Matt Oliver For The Daily Mail Published: 21:51 BST, 19 July 2021 | Updated: 21:51 BST, 19 July 2021 The UK’s biggest and most popular investment trust is one of Tencent’s top backers. About 5.8 per … Read more

Ex-Coronation Street star Catherine Tyldesley ‘claimed £50k in furlough funds amid the pandemic’

Ex-Coronation Street star Catherine Tyldesley reportedly claimed £50,000 on the government’s furlough scheme to keep her business afloat amid the pandemic.  According to the Daily Star, Catherine, 37, used the funds to help her production firm – Dreambig – from December 2020 through April 2021. Despite working amid the pandemic – on drama Viewpoint and as a … Read more

Hedge funds take £162m bet against shares in property giant British Land

Hedge funds take £162m bet against shares in property giant British Land By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 Hedge funds have taken a £162million bet against shares in property giant British Land.  Official data shows the value of British Land shares … Read more

BMO UNIVERSAL MAP BALANCED: Funds at a third of the normal cost

BMO UNIVERSAL MAP BALANCED FUND: Active funds at a third of the normal cost By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 19 June 2021 | Updated: 21:51 BST, 19 June 2021 Canadian company BMO Financial has more than 12million customers worldwide, to whom it offers a range of banking and wealth management … Read more

Payments firm Klarna valued at £32bn after raising funds for expansion

Payments firm Klarna valued at £32bn after raising fresh funds to help its expansion By Lucy White For The Daily Mail Published: 22:16 BST, 10 June 2021 | Updated: 22:28 BST, 10 June 2021 Payments firm Klarna is now worth £32billion after raising a fresh chunk of money to help fund its expansion. The shopping … Read more

BT rival in talks with 20 funds to secure £1bn for broadband push

High-speed broadband builder CityFibre nearing sale of £1bn stake in company as it plots expansion to ramp up pressure on rival BT By Alex Lawson, Financial Mail On Sunday Published: 21:50 BST, 22 May 2021 | Updated: 11:46 BST, 23 May 2021 High-speed broadband builder CityFibre is nearing the sale of a £1billion stake in … Read more

Relief for trapped savers as M&G reopens property fund after 18 months

M&G has said it will reopen its property fund on 10 May – nearly 18 months after it was suspended – offering some relief to trapped savers.  The investment firm froze its £2.1billion Property Portfolio Fund in December 2019, fearing that Brexit had caused too much uncertainty and that it would not be able to … Read more

L&G chief calls on pension funds to help end housing crisis

‘We simply haven’t built enough’: L&G chief calls on pension funds to invest in projects to help end housing crisis L&G boss Nigel Wilson believes we haven’t built enough homes L&G has already backed a number of projects across the country  It has invested £450million in the regeneration of Cardiff Central Square By Emma Dunkley … Read more

RIVER & MERCANTILE UK RECOVERY: Fund to benefit from recovery

RIVER & MERCANTILE UK RECOVERY: Fund poised to benefit from UK stock market bounce as economy recovers By Jeff Prestridge for The Mail on Sunday Published: 22:30 BST, 10 April 2021 | Updated: 22:56 BST, 10 April 2021 Veteran fund manager Hugh Sergeant has rarely been more positive about the UK equity market in a … Read more

What fund experts say you should put in your 2021 Isa

Tomorrow’s easing of lockdown restrictions will be at the forefront of many people’s minds as they plan a mini-spending spree at their local shops. But canny investors among them will not have forgotten that a new opportunity to invest tax-efficiently in the months ahead has just begun.  One that should be used – despite the … Read more