Income investors need to broaden their horizons March 25, 2021 | Sponsored Investors with sufficient geographic and sector diversity have managed to side-step the worst falls in dividend payments Asia and emerging markets promise to be rewarding places for income again in 2021 Income stocks may be in prime position for economic recovery 2020 may have been a fallow year for income investors overall, but much depended [...]
Exclusive: City fund managers on pandemic volatility, inflation and value vs growth March 24, 2021 It has been a surreal year for fund managers in the City, with unprecedented volatility descending on practically every investment vehicle, asset manager or investor operating out of the Square Mile. The unpredictability of the ongoing pandemic is one of the reasons why the age-old investment-driven debate about ‘cheap’ value stocks versus ‘expensive’ growth equities [...]
FTSE 100 slips as fears of third Covid wave spark recovery concerns March 24, 2021 London’s FTSE 100 dipped by 0.2 per cent on Wednesday as a jump in Covid cases across Europe sparked concerns about its near-term economic impact. The blue-chip index was edged down by bank stocks including HSBC, Barclays and Lloyds falling between one per cent and 1.5 per cent. British consumer price inflation fell to 0.4 [...]
Gut instinct and social media drives young people to risky investment decisions, warns FCA March 23, 2021 The financial watchdog has warned that young people are increasingly engaging with risky investments like foreign exchange and cryptocurrency, despite not having the capacity for loss if the investment goes wrong. The Financial Conduct Authority’s (FCA) research found nearly two-thirds (59%) of young investors claimed that a significant investment loss would have a fundamental impact [...]
Goldman Sachs boss praises staff for speaking out against ‘inhumane’ treatment and 100-hour weeks March 23, 2021 Goldman Sachs boss praises staff for speaking out against 'inhumane' treatment and 100-hour weeks
Active success: what does Greek mythology teach us about investing? March 23, 2021 | City Talk At the end of the Trojan War, Odysseus sets sail to return to his family, his wealth, and his kingdom on the Greek island of Ithaca. The journey should have taken 10 days. Instead, it took 10 years. Odysseus encounters unexpected challenges on his voyage home. He is captured by a goddess. He battles the [...]
Wall Street rallies on tech rebound as FTSE closes in the green March 22, 2021 Wall Street closed in the green on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields. The tech-heavy Nasdaq index closed up 1.2 per cent, while the S&P 500 and Dow Jones inched up 0.7 per cent and 0.2 per cent respectively. A sharp run-up in Treasury yields since mid-February [...]
Good for equality? Good for the economy March 22, 2021 | Sponsored DiverCity® Podcast · The Changing Shape of Female and Inclusive Entrepreneurship International Women’s Day is a catalyst for a wealth of discussions on experiences, equality, and the opportunities to realise gender parity, but this year, the backdrop of COVID-19 has brought new issues to the fore. For the International Women’s Day episode of DiverCity podcast, [...]
Revolut submits application for US banking licence March 22, 2021 A year after launching in the US, Revolut has submitted its draft application for a US banking licence as it expands its business account across all 50 states. Revolut secured a Lithuanian banking licence bank in 2018 and announced it had applied for a UK licence earlier this year. Securing both a US and UK [...]
Just 43 tech firms have listed in London in the last 20 years March 22, 2021 Just 43 of the UK’s fastest-growing tech firms have floated on the London Stock Exchange in the last twenty years, according to new research. New research by accountancy firm BDO shows that of the UK’s 1,200 fastest growing tech startups fewer than four per cent have listed in London. Even with blockbuster IPOs lined up [...]
