UK stock funds suffer worst year on record as investors pull nearly £10bn Investing UK-focused stock funds suffered their worst year on record last year as investors yanked nearly £10bn from the market, new figures have shown. While equity vehicles globally raked in a record £27.2bn through 2024, UK funds haemorrhaged some £9.6bn in their most sluggish year ever relative to the performance of the wider market, according to [...]
Watford FC valued at £175m with fans able to buy 10 per cent Back of the (Hor)nets Watford FC has been valued at £175m after it confirmed it will be looking to offer up to 10 per cent of the Championship club in an equity grab open to fans. Punters would need to purchase a minimum of four shares (valued at £12.44 each) with up to £17.5m up for grabs. The shares [...]
UK investors missed the global rally in 2023 as they dumped equity funds for bonds asset management IA’s figures showed UK retail investors pulled £24.3bn from open-ended funds in 2023, although slightly better than the figure reported for 2022 it was still one of the highest and fastest levels recorded.