Retailers prop up FTSE after Fed inflation warning
A strong showing from UK retailers, including Next and B&M, helps push UK equities higher despite the US Federal Reserve having no plans to cut the interest rates it hiked last year.
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
SpaceX could lift Scottish Mortgage as Tesla reverses
A valuation uplift for the rocket company could provide a morale-booster for Scottish Mortgage shareholders after they saw their stakes crash 46% last year.
Investec downgrades Aberdeen Diversified for binning discount control
Broker reverses its upgraded recommendation for Aberdeen Diversified Income & Growth following after trust's board abandons use of share buybacks to narrow the wide share price discount.
Alvarium hives off Home Reit manager ahead of US listing
The unit running the suspended real estate investment trust has been sold to its managers in advance of Alvarium's merger with US wealth manager Tiedemann.
Social housing regulator downgrades Civitas and Triple Point tenant to lowest level
The Regulator of Social Housing has issued a damning judgement against My Space Housing Solutions in another blow to the Civitas and Triple Point real estate investment trusts that lease properties to the housing association.
Cuthbertson leaves frustrated Greenwood to search market for trust bargains he can buy
Investment trust discount hunter Nick Greenwood gets new co-manager following departure of Charlotte Cuthbertson after four years on MIGO Opportunities.
Cuthbertson leaves MIGO but Greenwood continues to shop for trust bargains
Nick Greenwood gets new support at MIGO Opportunities as Charlotte Cuthbertson departs the fund.
FTSE rockets 2% as China reopening lifts airlines and oil
UK equities start the new year with a bang as investors shrug off recession warnings on hopes for a reopening of the Chinese economy.
Home Reit shares suspended over four-month results delay
Failure to publish revised annual results sees trading in the real estate investment trust put on hold.
Growth stock slump prompts ‘ruthless weeding’ at Monks
Managers have cut 20 stocks from their £2.2bn fund in six months after the Baillie Gifford trust came under fierce pressure.
Best sellers: Tough 2022 sees investors hunt for safety in passives and income trusts
Fundsmith Equity and Scottish Mortgage were once again the most-bought fund and investment trust on both AJ Bell and Interactive Investor, despite bruising years. But who else made the cut?
Charles Montanaro: The bear market could be over by March
Veteran small-cap stock picker Charles Montanaro says the current bear market is 'long in the tooth' and could end early next year.
