The return of Donald Trump to the White House sets the scene for a wild ride on financial markets over the next four years. There has already been plenty of activity since the Republican defeated his Democratic rival Kamala Harris in the November elections. Bitcoin – one of the big ‘Trump trades’ due to the
It hasn’t been an easy ride over the past six months for chancellor Rachel Reeves. Ever since she stepped through the door of Number 11, Reeves has faced a barrage of media attention on what she is going to do to stimulate growth in the UK economy. There is no doubt the Labour government sees
Investment trust takeovers are nothing new, but this week’s fiery presentation from activist investor Saba Capital founder Boaz Weinstein was the type of impassioned rhetoric that investors don’t often get to hear. In an attempt to take control of what he calls “the miserable seven” UK investment trusts, the US hedge fund manager — who
Friday, 17 January 2025 The agreement between the Orano Group and the Mongolian government for the development and operation of the Zuuvch Ovoo uranium mine has been signed at a ceremony in Ulaanbaatar. Representatives of the Mongolian and French governments as well as Orano CEO Nicolas Maes and Mining Business Unit Senior Executive Vice President
Chris Todd. of Transport Action Network which commissioned the work, told the BBC: “This report shows a forgotten region, where transport policy and investment have been left in the sidings, undermining the ability to cope with increasing population and extreme weather events.” He added: “We believe this is a pragmatic way to bring real improvements,
Investors must make sure they have their say as a US hedge fund targets popular investment trusts. US-based Saba Capital Management is seeking to gain control of seven investment trusts and make wholesale changes. If it succeeds in removing the trusts’ boards and replacing them with just two of its own directors, Saba is likely
Announcements: CfP Intricate Interplay of Investment Law and Intellectual Property in India; CfS Gender and Sexuality in International Criminal Law and Refugee Law; Litigating the Energy Charter Treaty Webinar; European and International Human Rights St EJIL: Talk! Source link
Reeves says budget tax rises may impact wages but investment will boost long term growth – UK politics live The Guardian Chancellor to vow to ‘invest, invest, invest’ in first Labour budget since 2010 Sky News GPs ‘glaringly absent’ from NHS Budget investment Pulse Source link
Private equity investor BP Marsh has increased its shareholding in broker Pantheon Specialty. BP Marsh first invested in the broker in June 2023 for a 25% stake, with this increasing to 32% in May 2024. Now, BP Marsh has acquired a further 5% share from eight members of Pantheon’s management team for a cash consideration
Nevertheless, with 29pc in IT stocks and 62pc in the US, this is no anti-tech fund. The biggest holding, at 5.3pc of assets, is Microsoft, a Magnificent Seven stock whose “ongoing ability to deploy capital at attractive rates” in software, cloud computing and AI delights the managers. Other well-known tech stocks include Alphabet, owner of