Hedge fund crisis wipes billions off value of big banks after Viacom share price fall

Billions of pounds have been wiped off the value of big banks after a meltdown at a hedge fund. Credit Suisse and Nomura of Japan face a huge hit to their profits after bets placed by their client, Archegos Capital, turned sour. The crisis could cause major losses for British investors exposed through ISAs, pensions … Read more

Nomura and Credit Suisse issue profit warnings amid crisis at US hedge fund

Investors and pension savers in Britain face possible financial losses after two major investment banks issued profit warnings amid a crisis at a US hedge fund. Nomura and Credit Suisse could lose billions of pounds after the fund defaulted on margin calls, putting investors on edge about who else might have been caught out.  Losses … Read more

Want to know if a fund is ethical? Start off by ignoring its name

If you’re a fund management business looking to attract new investors, there’s one guaranteed route to success. Put any of the words responsible, sustainable, ethical, green or positive into the name of an investment fund and then sit back as investors buy into it.  Sustainable, ethical or ESG investing is currently one of the hottest … Read more

URBAN LOGISTICS: Property fund with a growing store of income

URBAN LOGISTICS REAL ESTATE INVESTMENT TRUST: Property fund with a growing store of income By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 27 March 2021 | Updated: 22:37 BST, 27 March 2021 Many commercial property investment funds have had a difficult pandemic – as workers have stayed at home, demand for office, retail … Read more

Government says it’s up to the courts to fix disabled Child Trust Fund lock out

Hopes the Government would provide a simpler workaround to the courts for the parents of disabled children locked out of their Child Trust Funds appear to have been dashed after ministers said it was up to the judiciary to make the process easier. Justice minister Lord Wolfson told peers in the House of Lords on … Read more

Australian arts and entertainment industry offered an extra $135million in Covid-19 recovery fund

Australian arts and entertainment industry offered an extra $135million in Covid-19 recovery fund By Aap Published: 23:57 GMT, 24 March 2021 | Updated: 23:57 GMT, 24 March 2021 The arts and entertainment sector is being offered another $135million to recover from the coronavirus pandemic. Most of the money ($125million) will top up an existing recovery … Read more

Kylie Jenner generates outrage after requesting her fans to donate to a makeup artist’s Go Fund Me

Kylie Jenner has come under fire after asking her fans to help pay for a makeup artist’s brain surgery that was required after a car accident. The 23-year-old star requested her followers go to a Go Fund Me campaign to chip in which revealed the TV star had put in $5,000 herself. But the initial goal was … Read more

Kylie Jenner generates outrage after requesting her fans to donate to her makeup artist’s Go Fund Me

Kylie Jenner has come under fire after asking her fans to help pay for her makeup artist’s $60,000 brain surgery that was required after a car accident when she could easily have paid for it herself. The 23-year-old star requested her followers go to a Go Fund Me campaign to chip in which revealed the TV star … Read more

JEFF PRESTRIDGE: There are still some brilliant fund bosses

JEFF PRESTRIDGE: Exceptional investment managers can be counted on the fingers of one hand By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 20 March 2021 | Updated: 21:52 GMT, 20 March 2021 There are few investment managers whose reputations stand the test of time. Most fall gently by the wayside while a … Read more