JPMORGAN MID CAP: Difficult year for shareholders in investment trust, but battered fund’s UK stocks ‘will pull through’ By Jeff Prestridge, Financial Mail on Sunday Published: 21:50 BST, 29 August 2020 | Updated: 21:50 BST, 29 August 2020 It has been a difficult year for shareholders in investment trust JPMorgan Mid Cap. The shares took … Read more
One of the country’s most respected asset managers has criticised investment groups that have jumped on the ethical bandwagon offering portfolio services and funds that do not fit the bill. Alan Miller, co-founder of wealth manager SCM Direct, accuses them of labelling products as ‘socially responsible’ when a big chunk of their underlying holdings are … Read more
MIDAS SHARE TIPS UPDATE: Economic prospects remain uncertain, but is a fair wind blows for Vent-Axia? By Joanne Hart, Financial Mail on Sunday Published: 21:50 BST, 29 August 2020 | Updated: 21:50 BST, 29 August 2020 Volution chief executive Ronnie George has been at the helm for eight years and has worked at the ventilation … Read more
It seems hard to believe, but 23 years ago, just one in six UK households had a mobile phone. Today, 95 per cent have one. In Africa, less than half the population has a mobile and most of those are old-fashioned, slow and simple, rather than the all-singing, all-dancing smartphones that consumers in the developed … Read more
TRUST WATCH: Smithson – the newest fund by Terry Smith’s firm focusing on smaller companies By City & Finance Reporter for the Daily Mail Published: 22:01 BST, 28 August 2020 | Updated: 22:01 BST, 28 August 2020 WHAT IS IT? The Smithson Investment Trust is the newest fund to be launched by Fundsmith, the firm … Read more
PUNT OF THE WEEK: Small-cap logistics firm Clipper clinches contracts with Topshop-owner Arcadia By City & Finance Reporter for the Daily Mail Published: 22:00 BST, 28 August 2020 | Updated: 22:00 BST, 28 August 2020 What is it? A small-cap logistics company with several different businesses, including one that oversees online shopping deliveries and returns. … Read more
The legendary investor Warren Buffett, boss of the £390billion Berkshire Hathaway conglomerate, will celebrate his 90th birthday tomorrow. But although Buffett has an £60billion stake in the business, he is famously frugal and so may do little more than enjoy an extra can of Coke. He typically drinks five a day, supporting Berkshire Hathaway’s £15billion … Read more
Asset manager Fidelity International has expanded its passive fund range with the launch of a new index UK Government bond and sterling corporate bond fund. The new additions are the first fixed income funds to be launched in the group’s index range which was established in 1996 but has, until now, only ever included funds … Read more
Leader: McDonald’s Ronald McDonald Since the arrival of Covid-19 there has been little to smile about. But the Chancellor’s Eat Out to Help Out scheme – otherwise known as ‘Rishi’s Dishes’ – has been a rare source of pleasure. Rishi Sunak’s pledge that taxpayers will foot the bill for half the cost of all restaurant … Read more
MIDAS SHARE TIPS UPDATE: Poultry firm Cranswick lays a golden egg as Britons consume 20m chickens every week By Joanne Hart, Financial Mail on Sunday Published: 21:54 BST, 22 August 2020 | Updated: 21:54 BST, 22 August 2020 Britons consume 20million chickens and several hundred thousand pigs every week. During lockdown, we ate even more. … Read more