Get ready for a drug-fuelled acquisition frenzy
The market may not value smaller pharmaceuticals but cash-rich large healthcare firms are willing to pay over the odds to snap them up, says Worldwide Healthcare (WWH ) investment trust. Sven Borho,...
View ArticleIsa 2017: Should you invest in yet another Neil Woodford fund?
Neil Woodford is launching a new fund that will target a higher income than his current Woodford Equity Income fund. But is it worth buying? The new Woodford Income Focus fund, due to open for...
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Europe stocks soft after Wall St dips from record
March 3, 2017 by: Jamie Chisholm, Global Markets Commentator Friday 08:35 GMT Overview Stock markets are retreating as Wall Street equity futures dip further from this week’s record high as investors...
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Snap IPO is the foolish leading the blind
This should be a week for celebrating investor rights. On Wednesday, the UK finally tackled its notoriously closed initial public offering process, promising to give ordinary investors better and...
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Bond market sends warning for record high stocks
While equity market euphoria at the prospect of President Donald Trump’s spendthrift, deregulatory agenda remains undimmed, bond investors are sending a very different message. US equity gauges have...
View ArticleTreatment of vulnerable clients is a blind spot for advisers
The Chartered Insurance Institute’s Underwriting Faculty New Generation Group recently produced a report titled Customer Vulnerability – How well is insurance responding? The report was influenced by...
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My big Budget hope? Scrap the pensions taper
I wrote here a few months ago that for all the bitching and whining about it, the UK pension system is now pretty straightforward. You open an account — or your employer does it for you. Money goes in...
View ArticleThe Accumulator: stock markets race to new records
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View ArticleCautious WPP weighs on fulsome FTSE
The FTSE 100 slipped eight points on Friday, weighed down by a cautious outlook statement from WPP (WPP). Shares in the advertising agency, led by Sir Martin Sorrell (pictured) fell nearly 8% or £1.52...
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The South Korean property craze needs more babies
If you are in pop culture, beauty, advanced consumer electronics or international property investing, South Korea is so cool as to be close to absolute zero. Korean entertainment exports to China are...
View ArticleAcacia hit as Tanzania bans key ore exports
Shares in Acacia Mining, the London-listed gold miner in merger talks with a Canadian rival, plunged by as much as a fifth on Friday after Tanzania unexpectedly banned exports of gold and copper ore....
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Shawbrook jumps on bid by private equity backer
Challenger bank Shawbrook surged on Friday after its private equity backer moved to take the business private just two years after its flotation. Pollen Street Capital has teamed up with fellow...
View ArticleCostco rally grinds to halt on disappointing earnings
Wholesale retailer Costco sank 4.3 per cent to $170.26 on Friday, as disappointing earnings outweighed optimism over its increased membership fees. It curtailed a long rally in the company’s stock —...
View ArticleSaturday Papers: Fox bid for Sky likely to be sent to Ofcom
And Volkswagen emissions scam ‘means early death for thousands in Europe’. Source link
View ArticleIsa 2017: The ultimate investments to pay you income
Tim Rees, who currently runs the Insight Equity Income Booster fund, has handed investors £5,463 in income on a £10,000 initial investment over the 10 years. However, during this time their initial...
View ArticleChina to boost defence spending by ‘about 7%’
China will raise its defence expenditure this year by “about 7 per cent” according to a senior government official, keeping the rise in line with the country’s economic growth, despite an announced 10...
View ArticleBoris Johnson invited to visit Russia
Boris Johnson will become the first UK minister to visit Russia in more than five years, after accepting an invitation from the Russian foreign minister Sergei Lavrov. The trip — to take place “in the...
View ArticleMalaysia expels N Korean envoy for police ‘insults’
Malaysia expelled the North Korean ambassador on Saturday, giving him 48 hours to leave the country, as relations between the two countries deteriorated further in the wake of the murder of Kim Jong...
View ArticleAberdeen and Standard Life in merger talks
Two of the UK’s largest asset managers, Standard Life and Aberdeen Asset Management, are exploring a possible merger. Under terms of the possible all-share merger, Aberdeen shareholders would own...
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French equities shrug off election fears
French government bonds have been rocked by turbulence in the country’s presidential election campaign in recent weeks. But French equities have remained remarkably resilient. More than €1.3bn flowed...
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