New ‘polluter pays’ tax on high-rise developments will fund repair of fire safety defects – including unsafe cladding – in the wake of Grenfell Housing Secretary Robert Jenrick will reveal details of a ‘polluter pays’ tax Sources said the move would protect leaseholders and taxpayers from the cost More than a million private flats are … Read more
Multi-asset funds are designed to make life easy for investors. They purport to offer a one stop ‘mini portfolio’ so that investors don’t have to construct one themselves. The idea is that instead of battling the complexity of picking a range of funds, equities, bonds and other assets, investors can simply pick one. The fund … Read more
Britney Spears appears to be feeling optimistic about the status of her conservatorship after returning from a refreshing vacation in Maui, Hawaii. The 39-year-old pop superstar ‘is hopeful that there will be huge changes’ in her conservatorship, a source told People on Friday. She was flying high even as Bessemer Trust Co., the hedge fund assigned … Read more
Chancellor Rishi Sunak to raid pensions for UK’s growth fund: Treasury draws up plan to help boost economy By Emma Dunkley, Financial Mail On Sunday Published: 21:51 BST, 26 June 2021 | Updated: 22:08 BST, 26 June 2021 The Government has held private talks over plans to channel tens of billions of pounds of pension … Read more
Eton College has signed an agreement with an academy trust to open three selective state sixth form colleges for young people who live in deprived northern areas. The landmark agreement, which was signed this month, has seen the 581-year-old independent boarding school form a partnership with Star Academies to open three highly selective sixth … Read more
INVESCO PERPETUAL UK SMALLER COMPANIES INVESTMENT TRUST: Small firms…but the chance of a big return By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 12 June 2021 | Updated: 21:51 BST, 12 June 2021 Fund manager Jonathan Brown believes the second half of this year should prove fruitful for investors in UK smaller companies. … Read more
Crispin Odey’s hedge fund firm bucks green investing trend by backing a Norwegian oil company – and betting against renewable energy stock By Emma Dunkley, Financial Mail On Sunday Published: 21:51 BST, 5 June 2021 | Updated: 23:08 BST, 5 June 2021 Crispin Odey’s hedge fund firm has bucked the green investing trend by backing … Read more
STONEHAGE FLEMING AIM FUND: Small firm fund that seeks big gains is up 60% By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 5 June 2021 | Updated: 21:51 BST, 5 June 2021 Investing in shares listed on the Alternative Investment Market (AIM) provides a chance to participate in the success of some of … Read more
British Airways hands over the running of its mammoth £21bn pension fund serving 85,000 members to US investment giant BlackRock Transfer of management involves the Airways Pension Scheme It also encompasses the New Airways Pension Scheme which shut in 2018 By Jane Denton For Thisismoney Published: 12:20 BST, 2 June 2021 | Updated: 12:26 BST, … Read more
‘Big Short’ hedge fund manager shorts Tesla: Michael Burry makes a £376m bet as he takes aim at Elon Musk By Daily Mail City & Finance Reporter Published: 22:01 BST, 18 May 2021 | Updated: 22:01 BST, 18 May 2021 Hedge fund manager Michael Burry has made a £376m bet against Tesla’s stock price The … Read more