The hopes of investors still stuck in disgraced manager Neil Woodford’s Equity Income fund of getting the rest of their money back anytime soon are at a low. A year after the fund was frozen, while two payments worth £2.3billion have been made to investors since the fund’s suspension last year, there is still some … Read more
How to get airlines flying again after the coronavirus disruption is offering a big opportunity to AIM-listed Westminster Group. Fever screening equipment at airports is one of the remedies being suggested and that plays right into the hands of the security and technology group, according to chief executive Peter Fowler. ‘It’s our business,’ he says, … Read more
Investors have demanded to know how failed mini-bond firm Basset & Gold’s potentially misleading adverts slipped the net, despite rules meaning they should have been checked. After the West Ham shirt sleeve sponsor became the latest mini-bond firm to go bust and lose 1,800 ordinary investors £36million, there is pressure on financial authorities to unpick … Read more
Wednesday marks the one-year anniversary of the beginning of the end for investment manager Neil Woodford, for many years the sweetheart of tens of thousands of investors. Yes, June 3, 2019 was the day Woodford’s flagship fund, Woodford Equity Income, was forced to suspend dealings because it did not have enough cash to meet a … Read more
Biggest and most shareholder-friendly investment funds enjoy strong lockdown despite continued stock market volatility and dividend cuts By Jeff Prestridge, Financial Mail on Sunday Published: 22:01 BST, 30 May 2020 | Updated: 22:01 BST, 30 May 2020 Some of the country’s biggest and most shareholder-friendly investment funds have enjoyed a strong lockdown despite continued stock market … Read more
The lockdown may be lifting, slowly, but economic prospects remain uncertain, interest rates are likely to stay close to zero for some time and many professional investors are nervous about the future. These are difficult times – but they are good for gold. The metal is trading at over $1,700 (£1,390) per troy ounce, an … Read more
MIDAS SHARE TIPS UPDATE: Pawnbroker Ramsdens could be set for boost after lockdown with business expected to be brisk By Joanne Hart, Financial Mail on Sunday Published: 21:58 BST, 30 May 2020 | Updated: 21:58 BST, 30 May 2020 Ramsdens Holdings was flying high until the coronavirus outbreak. The Middlesbrough-based pawnbroking, jewellery and foreign exchange … Read more
Argonaut sails to 37% profit in past three years thanks to the expertise of investment heartbeat Barry Norris By Jeff Prestridge, Financial Mail on Sunday Published: 21:58 BST, 30 May 2020 | Updated: 21:58 BST, 30 May 2020 Investment house Argonaut Capital has been around for 15 years. It’s had its fair share of business … Read more
The wry phrase: ‘When the going gets tough, the tough go shopping’ has taken on a new seriousness in the pandemic. Non-essential stores are to reopen on June 15, an event on which the future of 3.5m jobs depends, along with more than £30 billion of shareholder value. This is the combined market value of … Read more
After year and a half of making headlines for wrong reasons, investors praying Aston Martin has turned over a new leaf By Daily Mail City & Finance Reporter Published: 22:22 BST, 29 May 2020 | Updated: 22:22 BST, 29 May 2020 After a year and a half of making headlines for the wrong reasons, investors … Read more