Plowden slams ‘dangerous’ ETF boom as root of next crisis
“The world has gone mad” Baillie Gifford’s Charles Plowden has said, comparing the boom in exchange traded funds (ETFs) to the hysteria which led to the global financial crisis.
Five funds rated highly by the pros
Data gathered by fintech firm Sharing Alpha offers insight of not just the most popular, but also the funds rated the highest by professional fund buyers. So, which were the top rated domiciled in the UK and Luxembourg in August?
Barclays investors await SFO’s criminal charges decision
Investors with Barclays shares will be on high alert this week ahead of an expected announcement from the Serious Fraud Office (SFO) on whether it will raise criminal charges against the bank.
Tidal wave of wealth transfer ‘to boost economy by £677bn a year’
Upcoming wealth transfer of £2.8trn from the older to younger generation will boost the UK economy by £677bn a year, according to research.