Confirmed: Home REIT investment adviser distances itself from troubled firm ahead of US listing January 4, 2023 Home REIT’s investment adviser, Alvarium, has sold off the division responsible for managing the property firm’s portfolio in a move that distances itself from the troubled housing provider ahead of a US public listing today. Home REIT, which invests in social housing for people without a fixed address, has been targeted by short sellers over [...]
FTSE 100 today: London markets set to open green; US jobs data key for direction June 7, 2024 Asian stocks were mixed, with oil prices up and the dollar near an eight-week low. All eyes were on the US non-farm payrolls report.
Watkin Jones: Property developer lowers profit guidance warning of ‘slow’ outlook August 21, 2024 Property developer Watkin Jones has warned investors that a “slower than expected” summer market and “uncertainty” over the pace of interest rate cuts will weigh on its full year results, as it lowered profit guidance. In a trading update, the Aim-listed firm, which in its half-year results in May returned to profit thanks to a [...]
Want to beat the market like a member of Congress? Now you can August 15, 2024 US politicians have long come under fire for their stock trading activity. Politicians’ trades have been shown to perform twice as well as the market average. In some high-profile cases, members of Congress have bought into companies just days before their share prices skyrocketed after positive developments. Now, Etoro has launched three new portfolios to [...]
What the Competition and Markets Authority wants to do with its new powers March 14, 2024 The Competition and Markets Authority (CMA) has set out the areas it wants to focus on over the next 12 months.
FTSE 100 close: London markets given a lift as hopes rise for Chinese recovery September 11, 2023 A return to inflation will be welcomed by policymakers in the Chinese communist party, who are attempting to reignite growth in China's stumbling economy.
Rightmove shares jump by a quarter as News Corp-owned REA eyes £4.4bn swoop September 2, 2024 Australian property giant REA Group, backed by Rupert Murdoch's News Corp, is considering a £4.4bn takeover bid for UK competitor Rightmove.
Is the green fundraising boom over for investment trusts? March 26, 2024 While investment trusts as a whole have not performed well in recent months, those that focus on the environment had a particularly dire time in 2023. All trusts categorised as environmental by the Association of Investment Companies currently sit on steep discounts, with the average being 13.2 per cent, while they are down by an [...]
Focus On Peckham: The ‘hipster capital of south London’ saw impressive house price growth last year January 18, 2019 They say that if you want to spot the next up-and-coming property hotspot, all you have to do is follow the artists. That’s certainly been true of Shoreditch, the hub of the Young British Artists movement in the 1990s. Anyone that bought on the outskirts of the City 20 years ago is chuckling all the [...]
Industry must avoid return to ‘Wild West’ with ultra-cheap deals, warns energy boss June 27, 2023 Telecom Plus - which trades as Utility Warehouse - has announced record revenues and profits for its bundled household services arm.