Hints and tips:
Related Special Reports
...The FT’s Money Clinic podcast wants to speak to couples who have signed, or plan to sign, a prenup. How did you broach the conversation with a potential spouse — and how did they react?...
...The west’s energy watchdog has said that recent production cuts to prop up oil prices have caused a drop in the market share of Opec+, which stands at just 51 per cent — the lowest since the expanded cartel...
...Markets also moved to price in more than six 0.25 percentage points rate cuts for the European Central Bank in 2024 and six cuts for the Fed.European stocks and government bonds also joined the rally this...
...Read a transcript of this episode on FT.com...
...The head of a US humanitarian organisation in Gaza said there was “no trust” in Israel’s ability to conduct an investigation into how its forces killed seven aid workers, as it joined other aid agencies...
...In this episode, Claer sits down with “AI maximalist” Ben Rogoff, lead fund manager of the £3.5bn Polar Capital Technology Trust....
...The board of Scottish Mortgage Investment Trust has announced a £1bn share buyback in an attempt to prop up its share price, as high interest rates and complex regulations continue to weigh on the investment...
...A collapse in power prices since the surge in 2022 has added to the bearishness. Many green trusts have launched share buybacks in an attempt to boost share prices, yet steep discounts persist....
...Investor trust will continue to be tested....
...The board of Scottish Mortgage Investment Trust has announced a £1bn share buyback in an attempt to prop up its share price, which is at a 13 per cent discount to its net asset value....
...Many trusts are required to hold a vote if the discount between its share price and its net asset value hits a threshold....
...While the tech sector has staged a rebound on Wall Street over the past year, Scottish Mortgage’s own share price has failed to keep pace, opening a discount with the underlying value of its holdings that...
...If the share price is higher than the net asset value it is trading at a premium, and if the share price is lower than the net asset value it is at a discount....
...Hedge funds have begun to circle, with Elliot taking a 5 per cent stake in the Scottish Mortgage Investment Trust a week after it announced a £1bn share buyback in an attempt to prop up its share price....
...These price concessions increased from 20 instances per month before 2016 to a peak of 199 per month in late 2022....
...But a surge in the cost of living since he took office in January 2021 has led respondents to say they trust his Republican rival Donald Trump more to run the economy....
...According to Jefferies, this is the largest ever buyback programme by a UK investment trust, with £1bn representing 9 per cent of the Scottish Mortgage Investment Trust’s shares....
...Resolving bank crises is a dirty business and regulators typically have sweeping powers to intervene. Terms and conditions, no matter how detailed, need to be underpinned by trust....
...But he may need more than these tweaks to stem a three-year streak of share price underperformance....
...We’re looking to make investments in companies that over time, the share prices will appreciate and hopefully outperform benchmarks that we’re trying to exceed....
...The private equity trust has a market cap of £370mn and assets of £800mn. Its share price has dropped 57 per cent in the past three years....
...Tommy Eklund turned a niche supplier of accounting software that only operates in Sweden into a stock market sensation whose share price has risen fivefold on his watch....
...Investment trusts have been bulking up in a bid to prop up their share prices, which are trading just shy of the discounts seen at the end of 2008 owing to a combination of higher interest rates and a change...
...such as the identity of a prospective bidder, offer prices or timelines....
...Its share price is trading at a 46 per cent discount to its net asset value....
International Edition