Spencer Winfield at stockbroker Charles Stanley replies: When providing performance comparisons for a portfolio, a stockbroker or fund manager will normally compare the rise or fall of the portfolio they manage against a particular index or indices. The index will generally be chosen at the portfolio's creation and used as a benchmark against [...]
Try to get a meeting with the chief executive of most UK banks and it would be in the splendour of their central London head office, surrounded by the expensive trappings of their position.
PR consultants and formality would be the order of the day as you are led into their expansive corner office, [...]
Since its inception, in February 2002, Old Mutual's UK Select Mid-Cap fund has regularly topped the UK fund charts after delivering stellar returns to its investors.
Under the guidance of Ashton Bradbury, who selects his bets from the mid and small-cap universe of the FSTE 250, the portfolio has posted growth of 83% (until the [...]
The borrower, of course, is the Government and in the wake of the banking bail-out and commitments to spend as the economy enters recession, it needs more money.
The Government raises cash primarily by issuing bonds, also known as gilts. The term 'gilt-edged' stems from the initial practice of producing the bond certificates with gold [...]
On the day after Diwali, India's explosive annual festival of light, burnt out fireworks litter Mumbai's busy pavements.
But while the excitement of the day before has died down, the heat is still on one standout business in the city's burgeoning financial district, ICICI bank, which has spent a substantial time [...]
It was the latest of many similar moves affecting millions of savers.
Among the worst affected are investors in with-profit bonds. These are lump-sum investments popular in the late Nineties.
Investments average £30,000 and most savers envisage holding the bonds for between five and ten years.
Sold mainly to elderly savers, they were deemed low-risk because the [...]
As an investor with Templeton Emerging Markets Investment Trust for several years I have received proposals for a tender offer giving me the opportunity to realise a proportion of my shares.
Bearing in mind that I have invested for the long term and wish to continue doing so, how will this offer affect my existing [...]
Times are tough, and then some. This week saw three of the UK's biggest High Street banks effectively fall under governmental control.
Over the past 12 months the FTSE 100 index of the UK's largest firms has collapsed by some 40%.
The emergency interest rate cut of half a percentage [...]
Of all the buy-to-let gurus thrown up during the years of easy credit, none was more inspiring than Judith and Fergus Wilson, the humble maths teachers turned multi-millionaires.
Fifteen years ago they were teaching in a South London comprehensive. Now they have a fortune of about £90m, own racehorses and a farm in rolling [...]
City of Industry, CA --(www.FinancialNewsUSA.com)-- 10/13/2008 - Internet Information Provider industry news provided by Financial News USA (OTC: FNWU). WebMD Health Corp. (Nasdaq: WBMD), the leading provider of health information services, stated that it has experienced a strong increase in [...]
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