Hints and tips:
...You can still make your active UK equity income selections relatively low cost by buying an investment trust such as City of London, with an ongoing charge of 0.37 per cent — and which I own — or Law Debenture...
...The average annualised return has been 6.51 per cent over a term of 3.14 years....
...The frayed end of 2023, with decoupling still an active force and geopolitics in ragged shape, is an odd time for any politician to suggest — even indirectly — that their nation does not trust its closest...
...The $483bn SPDR S&P 500 ETF Trust (SPY) had inflows equivalent to 14.9 per cent of its starting assets, the $397bn iShares Core S&P 500 ETF (IVV) 13.2 per cent and the $367bn Vanguard S&P 500 ETF (VOO) 16.4...
...One big London office landlord said the cost of debt to fund a new development project had risen from 8 per cent to 14 per cent in the past two months....
...Durov says he expects to reach “a billion monthly active users within somewhere between 12 and 14 months”....
...He picks out Abrdn Japan, a small, poorly performing large companies trust, which is being rolled into the top-performing Nippon Active Value, run by Rising Sun Management....
...But people who don’t have children, or are not professionally active, or are going to receive a big amount of money for a liquidity event, they might move.”...
...Blackstone announced that it had set aside $1bn to buy music in partnership with Merck Mercuriadis’s Hipgnosis investment trust, noting his “vision and dynamism”....
...Lord Lee of Trafford is an active private investor and a shareholder in all the companies indicated...
...It currently trades at a 9.6 per cent discount with a fund yield of 14.7 per cent. David Stevenson is an active private investor. Email: adventurous@ft.com. Twitter: @advinvestor....
...In the first half of this year, it generated $14.7bn in revenue, surpassing Zara, according to investors briefed on the matter. The company declined to comment....
...The response rate is scarcely a quarter of its 2011 level at just 14.6% in Q2 2023 (see Fig. 1)....
...The board had already made clear that the issue was about trust and there could be no next time....
...This is despite one obvious fear: that investors in passive ETFs would be “front run” by more nimble, active investors....
...A representative said he is in the process of setting up a blind trust....
...“I trust his mission to extend the light of consciousness,” Dorsey posted last April on the site....
...UK retail investors are taking a more active role in their holdings, according to data showing a surge in voting participation among shareholders....
...Anderson had a stellar tenure running Baillie Gifford’s flagship Scottish Mortgage Investment Trust before a well-timed exit last year....
...Banks should cautiously repair their capital buffers now, before a possible recession undermines the public’s trust in them....
...Heineken — where its Heineken 0% has become the world’s number one non-alcoholic beer brand — looks more reasonable on a p/e of 14....
...The ETF’s initial public offering will last from October 21 to November 7 and the fund will list on the Singapore Exchange on November 14....
...if you’re thinking about active funds....
...“Leaders who can trust no one usually trust family,” the author tells us near the end of the book, but he makes it hard to see why....
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