The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more
A number of leading ethical investment funds continue to hold shares in Grenfell fire firm Kingspan By Jeff Prestridge, Financial Mail on Sunday Published: 21:52 GMT, 23 January 2021 | Updated: 21:52 GMT, 23 January 2021 A number of leading ethical investment funds continue to hold shares in Irish building materials business Kingspan. This is … Read more
Coinbase finally apologises for problems which have seen some customers’ funds frozen since October Users of the exchange have had problems contacting the company for months They have been left unable to access their money or cash in on the bitcoin boom The company issued a blog post on Friday which said it was expanding … Read more
All eyes are on the UK market now that the uncertainty of Brexit has been quashed and the coronavirus vaccination programme is well under way. The country has been one of the most unloved across the globe for investors, with consistent mass outflows of cash since the EU referendum in 2016. Meanwhile, the dramatic numbers … Read more
As 2020 proved, anything can happen, in the investment world and beyond. With the pandemic still sadly going strong, markets could be just as volatile and full of surprises – good and bad – this year too. Fund ratings agency FundCalibre has identified 12 funds and investment trusts to watch in 2021. They include funds … Read more
Majority owned by founder Sir Richard Branson, Virgin is finalising a deal to raise up to £70million by selling and leasing back two Boeing Dreamliners after completing a rescue plan in September.
Cryptocurrency traders are still struggling to profit from bitcoin’s recent record run as their funds continued to be frozen inside the most popular cryptocurrency exchange for as long as five weeks. Some customers of Coinbase, which lets users buy, sell and store cryptocurrencies like bitcoin and ethereum, continue to be told their accounts are ‘under … Read more
After the extraordinary events of 2020, you would expect Colin McLean to be somewhat circumspect in his predictions for the new year. However, the founder and chief investment officer of SVM Asset Management does not demur when asked to assess what lies in store over the next 12 months. Looking beyond the latest set of … Read more
TEMPLE BAR INVESTMENT TRUST: The fund poised to benefit from the UK’s recovery By Jeff Prestridge for The Mail on Sunday Published: 22:20 GMT, 2 January 2021 | Updated: 22:20 GMT, 2 January 2021 Investment trust Temple Bar has had a challenging past 12 months. There has been a change of manager, a near calamitous … Read more
After a rollercoaster year on the stock market, The Mail on Sunday’s City team reveal which shares they will be following in 2021 – and assess whether their hunches from 12 months ago delivered the goods… or got hammered by the Covid lockdowns. Hamish McRae has picked Rio Tinto, the Anglo-Australian mining and minerals giant … Read more