Victims of sophisticated investment scams have questioned how Britain’s biggest banks are allowing fraudsters to set up bank accounts to harvest tens of thousands of pounds by posing as representatives of legitimate financial firms. Clone scammers peddling fake investment products stole close to £213,700 a day from Britons in 2020, with victims losing £45,242 on … Read more
Healthy drinks provider MOJU raises £2.5m from Premier League footballer, Danone and former retail executives By Emma Dunkley, Financial Mail On Sunday Published: 21:51 GMT, 20 March 2021 | Updated: 21:51 GMT, 20 March 2021 Healthy drinks provider MOJU has raised £2.5million from a Premier League footballer, food giant Danone and former retail executives. The … Read more
Even in normal times, the thought of staking your money on the stock market can seem like a very daunting prospect. And after a particularly dramatic year, savers will be forgiven for feeling a lot more wary than usual. Yet data shows that, over the long term, a well-diversified investment portfolio easily beats a standard … Read more
The Dividend Hero investment trusts that raised payouts even as firms hacked back… and some have lifted income since The Graduate hit the screens By Simon Lambert For This Is Money Published: 12:53 GMT, 15 March 2021 | Updated: 12:53 GMT, 15 March 2021 The Dividend Hero investment trusts that bucked the trend and increased … Read more
MERCANTILE INVESTMENT: £2bn trust pins hopes on UK’s purple patch By Jeff Prestridge, Financial Mail on Sunday Published: 21:52 GMT, 13 March 2021 | Updated: 21:52 GMT, 13 March 2021 Fund manager Guy Anderson is excited about the prospects for the UK economy and the stock market – more so than at any time in … Read more
Investment trusts have beaten funds on returns in most major sectors over ten and 20 years – but can you still find a bargain as discounts narrow? New research from Interactive Investor has found investment trust sectors have outperformed most of their open-ended counterparts over ten and 20 years UK Equity Income trusts have outperformed … Read more
An investment group backed by wealthy sports stars including Wayne Rooney, Ashley Cole and Sam Allardyce defaulted on a huge £4.7million bank loan – blaming money flow issues during the coronavirus pandemic. The partnership, made up of other well-known names including boxer Joe Calzaghe, former Everton boss Roberto Martinez and one-time England keeper Joe Hart, are … Read more
What does Joanna Coles, a former women’s magazine editor, have in common with US sports stars Alex Rodriguez (A-Rod) and Shaquille O’Neal, tycoon Sir Richard Branson and Martin Luther King III? The answer, as those who keep up with the latest craze on Wall Street will know, is that they are all aficionados of the … Read more
More than 700 holders of investing Isas that rank at more than a million pounds have one clear thing in common – a hefty weighting towards investment trusts, according to a leading Isa platform. Interactive investors has revealed that among the 731 pots of a million pounds or more that are held with it, closed-ended … Read more
It is time to be positive. After almost 12 months of hunkering down as Covid-19 raged, economic recovery is on the way. Not just in the UK, but globally as economies across the world emerge from lockdown and life hopefully returns close to normality. Although China is leading the global economic reboot, the UK is … Read more