UK property funds suspend dealing amid coronavirus market panic

Aberdeen Standard Investments, BMO, Janus Henderson, Columbia Threadneedle and Aviva Investors have today suspended trading on their respective open-ended property funds due to valuation uncertainty as markets continue to be rocked by the coronavirus panic. The groups join M&G which suspended its £2.3billion Property Portfolio at the end of last year due to liquidity concerns, … Read more

Terry Smith says he’s worth his £16m pay. I agree, says JEFF PRESTRIDGE

Fund manager Terry Smith is the Cristiano Ronaldo of the investment world.  He is right at the top of his profession and, like the footballing maestro, he is handsomely rewarded for his particular ‘craft’ – an ability to generate stellar returns for investors that most rival managers do not possess. Yet, while most people accept … Read more

MIDAS SHARE TIPS UPDATE: BT gets the message – must do better

Go to the BT corporate website and the company says it uses ‘the power of communications to make a better world’. The firm’s 20 million-plus customers and 750,000-plus investors may not agree. Customers, including me, have to put up with disjointed call centre service and ineffectual engineers. Investors, again including me, have seen the shares … Read more

How to profit from a loss-making firm: It might sound bonkers but you can make a fortune 

How can you profit from investing in loss-makers? It sounds bonkers, but can actually be highly lucrative. Just ask investors in Amazon, Twitter or Ocado. Taxi hailing app Uber was the latest loss-making firm to motor on to the New York Stock Exchange yesterday, completing one of the most highly anticipated US floats in recent … Read more

Interactive Investors unveils monthly fee model while Hargreaves Lansdown announces new global fund

The Isa season officially ended with the tax year but the UK’s biggest DIY investment platforms have upped the ante in their bid to win investors’ funds by unveiling new propositions.   Interactive Investor has announced the introduction of three subscription plans involving a monthly fee to replace its existing quarterly charging structure from 1 June. … Read more