Latest News - Michelle McGagh
Sadiq Khan’s London Plan puts ‘big barrier’ in DIGS way
GCP Student Living (DIGS) may struggle to expand its property empire if the London mayor’s proposals to reform student accommodation take effect.
Shin Nippon seeks permission to up unquoted stocks to 10%
Baillie Gifford Shin Nippon is asking shareholders for permission to invest 10% of its top-performing Japanese smaller companies portfolio in unlisted stocks following its earlier investment in Moneytree app.
Manager of global ‘posterchild’ quits City for charity sector
JPMorgan Global Growth and Income fund manager Jeroen Huysinga is stepping down to retrain for a new career in the charity sector.
Witan’s lone star shone at Veritas in ‘difficult’ 2018
Veritas’s Andrew Headley was the one of 10 fund managers picked by Witan to achieve a positive return last year as £1.8 billion global fund underperformed stock market and main rival Alliance Trust.
Beleaguered Barnett hails dividends at century low
Invesco’s Mark Barnett is sticking with some of the UK's most unloved stocks that have cost his performance dear as he becomes latest fund manager to say dividends are relatively priced at their lowest for 100 years.
‘It’s not a one-off’: Woodford, Barnett hope so as Burford Capital racks up record profits
Litigation financier notches up another year of record results underlining its importance as a key holding for under-fire fund managers Neil Woodford and Mark Barnett.
City watchdog considers ban or cap on platform exit fees
Financial Conduct Authority to introduce new rules making it easier and cheaper for investors to switch between online share-dealing and fund supermarkets.
Hammond warns MPs: no economic quick fix for no-deal Brexit
Chancellor Philip Hammond has warned MPs there is no quick fix for the 'significant disruption' a no-deal Brexit would cause to the economy
F&C marks birthday re-issuing shares for first time in 60 years
Investors gave F&C Investment Trust a big present for its 150th birthday last year, with a re-rating that enabled the £3.7 billion global investment trust to issue its first shares in six decades.
Want to be an ISA millionaire? Invest in investment trusts
Investors who have accumulated £1 million or more in individual savings accounts (ISAs) have a higher proportion of investment trusts in their portfolios than the average investor, research indicates.