Ex-SJP adviser jailed for gambling away £850k of client money
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.
News
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Antipodes Partners: Why we’re shorting Tesla
Investors are taking a “big leap of faith” by backing US electric vehicle manufacturer Tesla, the chief investment officer at Antipodes Partners has said.
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Unilever’s ‘highly-rated shares’ stumble as Q3 sales disappoint
Unilever’s shares were shaky as it revealed a poor set of third quarter results, which failed to live up to analysts’ expectations.
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Woodford buys media giant ITV
Neil Woodford has added media giant ITV to his income focus fund claiming its current value is an “attractive entry point”.
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AIC announces incoming chairman
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.
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LSE boss Rolet to depart by end of 2018
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.
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Franklin Templeton boosts LibertyShares ETF range
Franklin Templeton Investments has launched a smart beta emerging markets exchange traded fund, which aims to provide higher-risk adjusted returns and lower volatility than the MSCI Emerging Markets Index.
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The 10 investment company sectors paying top yields
There is no end in sight for investors sick of the so-called hunt for income and so the Association of Investment Companies (AIC) has looked at exactly which sectors offer the best dividend yields. We’ve gathered the top 10 here.
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European recovery ‘not a blip’
The European economic recovery is not just a blip, fund buyers believe.
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SLI launches first impact fund
Standard Life Investments has launched its first fund which invests in global companies that aim to generate positive social and environmental impacts.
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Rathbones’ unit trusts see record inflows
Rathbones Brothers’ unit trust business doubled its net inflows during the third quarter, as the firm stressed it is still on the lookout for businesses to acquire.
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Most UK adults ignore investing
The vast majority of UK adults have no investments and favour holding cash savings, an inaugural survey by the Financial Conduct Authority (FCA) has found.
