The Direct Line share price increased by seven percent on its market debut to reach a price of 188p share – up from 175p. The increase in share price immediately left investors with a 7 percent ‘profit’ on day one. However, despite a reported high degree of interest from private investors, analysts remain largely sceptical [...]
Millions of investors are preparing to ditch their financial advisers and take a DIY approach to investing a new study has revealed. An AXA Wealth study has reportedly concluded that 54 percent of investors are only planning to use financial advisers for more complex decisions, such as those revolving around pensions. Investors would essentially ‘self [...]
The BAE EADS merger has been cancelled as government friction thwarted the deal. While BAE and EADS were very keen on progressing with the merger, political issues between the UK, French and German government took its toll: Ian King, Chief Executive of BAE Systems, today said: “We are obviously disappointed that we were unable to [...]
As the quarter century anniversary of Black Monday nears, Fidelity has offered ten tips for investors – highlighting what you can learn from the devastating market crash in 1987 and the performance of markets ever since. Without further ado, here are the investment tips from Tom Stevenson, Investment Director at Fidelity: Keep calm and carry [...]
Over sixty percent of funds offered by the three biggest fund managers have underperformed over the past three years according to research from the Telegraph. The respective paper claims that their research highlights that fund managers are simply too focussed on launching new funds, rather than turning around the fortunes of their laggard funds. Their [...]
BAE System’s largest shareholder, Invesco Perepetual has publicly voiced concerns about the proposed BAE EADS merger. According to the Financial Times, Invesco owns thirteen percent of BAE shares and believes that the company should return more capital to shareholders to boost their value. Neil Woodford of Invesco reportedly has revealed that in the interest of [...]
A proposed Lloyds dividend is to be thwarted by the FSA as it looks to ensure the bank has sufficient cash to protect itself from any future downturns. Current chief executive Antonio Horta-Osorio is looking to pay a small dividend from profits the bank anticipates to make – it’s first proposed payout since its rescue [...]
Stockbrokers are reportedly expecting a last minute rush from investors for Direct Line shares as the company floats on the stock market this week. According to a report from the Guardian, a variety of stockbrokers have seen interest in the shares increase, with some claiming thousands of registrations. Average investment in Direct Line shares has [...]
In a Fidelity MoneyBuilder Income Fund update, the investment manager has revealed that a number of its fund have outperformed cash. Amongst the funds to outperform cash include the MoneyBuilder Income Fund as well as the Fidelity Emerging Markets Fund over the past ten and five years respectively. Tom Stevenson, Investment Director, Fidelity Worldwide Investment, [...]
If you are thinking of buying Tesco shares, investment analyst Sheridan Admans believes there is reason to be cautious regarding the prospects of the supermarket. As part of his analysis for the Share Centre, Admans has placed a ‘hold rating on Tesco shares “For Tesco shareholders 2012 has marked a significant shift in the British [...]
