Fidelity’s Bajaj lifts gearing to 8% as Asia bargains multiply
Contrarian Asia smaller companies fund manager Nitin Bajaj eyes further opportunities in China after upping borrowing to a seven-year high on Fidelity Asian Values investment trust.
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FTSE slumps 2.3% as inflation and growth fears grip markets
UK shares tumble as global selloff reaches Europe, with commodity names leading the decline and private equity, China and smaller company investment trusts also retreating.
James Carthew: Petershill, a complex play on ‘alts’ growth
One of the more unusual new investment companies coming to the market last year was Petershill Partners, a Goldman Sachs spin-off investing in alternative asset managers.
How to get a 50% discount on ‘overlooked’ Korean stocks
Weiss Korea Opportunities hunts out the best bargains on the Korean stock market by investing in non-voting preference shares that are up to half the price of shares with voting rights.
FTSE dips as Fed hawks fly and UK consumers tighten belts
UK equities were weak this morning after a turbulent night on Wall Street caused by increasingly hawkish comments from the US Federal Reserve and worse than expected falls in UK retail sales.
‘Concerned’ Baillie Gifford US managers mull Netflix after crash
Shocked Baillie Gifford US fund managers Kirsty Gibson and Gary Robinson are considering whether to follow star hedgie Bill Ackman out the door at Netflix.
FTSE holds firm as trading updates cheer investors
The main market steadies despite tumbling commodity stocks as a raft of corporate updates and stabilising oil prices cheer investors. NewRiver Reit jumps on hopes of a return of capital.
Bill Ackman ditches Netflix, losing $400m in three months
The Pershing Square investor dumped his $1.1bn stake on Wednesday for a hefty loss after the streaming service disclosed subscriber numbers unexpectedly fell.
BioPharma manager sells £42m stake to fund research
Pablo Legorreta, one of the fund managers of BioPharma Credit, is selling a 4% stake in the highly-rated debt fund to finance his other investments and philanthropic activities.
Nick Train: Data giant LSE is ‘more compelling’ than ever
The London Stock Exchange takeover of Refinitiv has turned it into a major data player and after full-year results an under-pressure Nick Train is happy to point to its improved prospects.
Growth stock Netflix confronts a brutal inflation shock
TV streaming giant Netflix has tested the resolve of backers including Baillie Gifford and Pershing Square with a 26% share price plunge caused by its first fall in subscriber numbers in 10 years.
Netflix confronts Bill Ackman with a brutal inflation shock
Update: Netflix tests the resolve of Pershing Square's Bill Ackman with a 35% share price plunge caused by its first fall in subscriber numbers in a decade, three months after he took a big stake.
