As pre-announced, assets under management and advice (AuMA) fell 3 per cent to £22bn against the same period last year. Net outflows of £2.3bn offset positive investment performance of £1.7bn. AuMA ...
All but two trusts in the portfolio were in positive territory over the year, with six achieving double-digit returns. The second top performer, after Temple Bar, was Invesco Global Equity Income ...
A healthy economy is an obvious way to solve the country’s fiscal predicament. For that reason alone, Rachel Reeves should not hesitate to use every available opportunity to drive essential capital ...
Investment trust discounts are continuing to narrow, and there are plenty of opportunities for eagle-eyed investors ...
Valuation is central to the bull case for Barclays. Shares trade on around 0.9 times forward price/tangible book value. By contrast, Lloyds and NatWest both sit on a premium to book value. That ...
Mitie (MTO) has posted another period of record contract awards in its first-half results, alongside an all-time high in both its order book and bidding pipeline. The FTSE 250 also outperformed the ...
Poor sentiment and an unusual structure mean this rejuvenated media stock trades at an exceptionally low discount ...
Occupancy of its 11,000-unit build-to-rent portfolio is nigh on full at 98.1 per cent, while affordability remains reasonable, with the average tenant paying 28 per cent of gross income on rent.
Back in the UK, core revenues remained resilient despite uncertainty about the impact of rail reform. Tracsis reported growth in all rail technology products, bar its remote condition monitoring ...
XPS Pensions (XPS) reported another period of steady revenue growth, although statutory profits fell sharply as higher costs and acquisition-related charges weighed on the bottom line. However, the ...
Nvidia’s monster earnings report has soothed concerns about an AI bubble and lifted global stock markets, with the market lynchpin rallying 5 per cent after-hours as it beat expectations and raised ...
Full-year numbers for Sage (SGE) showed a business that is still benefiting from the long transition to cloud subscriptions, though the pace of progress is steady rather than dramatic.