Booming VCTs hit 10-year fundraising high
Demand for venture capital trusts (VCTs) is expected to rocket this year after HMRC revealed fundraising in 2016/17 hit a 10-year high.
Demand for venture capital trusts (VCTs) is expected to rocket this year after HMRC revealed fundraising in 2016/17 hit a 10-year high.
All eyes will be on Japan this weekend as the country heads to the polls, with the incumbent Shinzo Abe looking set to win a fourth term as prime minister. However, a large victory may not be in the country’s best interest, managers warn.
Brewin Dolphin has recruited a director of portfolio management at one of its 29 regional hubs.
“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.
Advisers who enable abusive tax avoidance schemes face penalties that will take into account “relevant considerations”, draft guidance from HM Revenue & Customs revealed on Friday.
Jupiter has launched a second version of James Clunie’s Absolute Return fund following demand for higher volatility from clients.
An appointed representative of St James’s Place has been jailed for 40 months after being found guilty of stealing and losing £844,010 from eight clients over a period of three years.
Investors are taking a “big leap of faith” by backing US electric vehicle manufacturer Tesla, the chief investment officer at Antipodes Partners has said.
Unilever’s shares were shaky as it revealed a poor set of third quarter results, which failed to live up to analysts’ expectations.
Neil Woodford has added media giant ITV to his income focus fund claiming its current value is an “attractive entry point”.
The Association of Investment Companies (AIC) has announced that Rachel Beagles has been voted chairman-elect of the trade body, stepping up to the role of chairman on 17 January.
Xavier Rolet will step down from his role as chief executive of the London Stock Exchange Group by December 2018 after nine years at the helm of the organisation.