investment

 
 

The investment fraud costing victims £26,000 each

Image copyright Getty Images A growing investment scam is resulting in fraud victims losing an average of nearly £26,000 each, according to City of London Police. It involves so-called binary options trading, where individuals can bet on share price or currency movements. Victims are being encouraged to go to the trading websites through adverts on social media. The Financial Conduct Authority (FCA) has already warned about binary options, which are not regulated. In the first half of 2017, nearly 700 victims lost £18m, according to police. That means average lossesRead More


London is top Europe hotspot for VC investment

London remains the top European city for venture capital investment in financial technology firms, according to data released by Mayor Sadiq Khan’s promotional agency. Investors have poured more than $1 billion into fintech companies across the U.K., including those in London, since the beginning of the year, London & Partners said Thursday. Fintech firms in the capital raised the overwhelming majority of cash — more than $980 million — and accounted for 90 percent of all fintech investments in the U.K. as a whole. “The fact that we have seenRead More


This simple investment strategy will protect you if the…

How do you control risk in the stock market when central banks flood the financial system with fabricated dollars? The U.S. Federal Reserve and the European Central Bank (ECB) have artificially pushed down interest rates and prompted demand for equities, as bond yields in recent years sunk to record lows. The Dow Jones Industrial Average DJIA, +0.70% the S&P 500 Index SPX, +0.07%  and the Nasdaq Composite Index COMP, +0.01%  are all at record highs. On Wednesday, the Dow closed at a record high for the 51st time this year.Read More


Five things to do when every investment is too expensiv…

This week’s cover story in The Economist, “The bull market in everything,” summed up the state of global markets pretty well. Like some of that prestigious magazine’s longer pieces, it’s a deeply reported, elegantly written rehash — we’ve known much of this for a while, but it’s worth repeating. Stocks are selling at Shiller P/E ratios (prices divided by 10-year average earnings per share, adjusted for inflation) of around 31x, almost where they traded in 1929 but roughly 30% below the all-time high of almost 44x in 2000. Yields onRead More


Wal-Mart’s grocery pickup investment will keep it ahead…

Getty Images Wal-Mart holds a lead position in the grocery category, which its investment in online grocery will reinforce, analysts say Wal-Mart Stores Inc.’s investor day announcement that it will invest in more than 1,000 online grocery pickup locations is a strategy that will keep the retail giant ahead of the competition, according to John Zolidis, president of Quo Vadis Capital. Wal-Mart WMT, +4.47%  said Tuesday that the company plans to open fewer than 15 Supercenters and fewer than 10 Neighborhood Markets in the U.S. fiscal 2019. Still, capital expendituresRead More


This top investment newsletter is winning big on one st…

Nate Pile has nerves of steel. Pile is editor of two investment newsletters that are at the top of my year-to-date performance investment newsletter scoreboard. And credit for both of their top rankings goes in large part to his willingness to stick with MannKind MNKD, +23.83% the long-struggling biopharmaceutical firm whose stock has risen in each of the last seven trading sessions — including 20+% gains on Tuesday, Wednesday and Thursday of last week. The first of Pile’s two newsletters is called Nate’s Notes, whose two model portfolios are sportingRead More


Aviva buys majority stake in robo investment start-up W…

Insurance giant Aviva has bought a majority stake in a British start-up that manages diversified investment plans. The insurer said Thursday it would allow customers to access “robo” investment firm Wealthify’s services via its app MyAviva. Based in Cardiff, Wales, Wealthify is targeted at millennials and offers five different investment plans via tax-free Individual Savings Accounts (ISAs) and general investment accounts. Customers are able to invest with as little as £1 (£1.32). “Wealthify aims to take the complexity out of investing. It is remarkably easy to use, with no complicatedRead More


Fed policy make these two loan pool investment companie…

Smith Collection | Gado | Getty Images The Marriner S Eccles building of the United States Federal Reserve in Washington, DC, on Jul. 24, 2017. Nancy Davis, the managing partner and chief investment officer of Quadratic Capital Management, is recommending bets against two companies that are likely to be sensitive to the Federal Reserve cutting back on stimulative policies. “The Fed reducing the balance sheet is a major game changer,” Davis said in a presentation at the Sohn Conference in San Francisco. “The first place that’s going to feel thatRead More


Uber clears way for huge Softbank investment

Image copyright AFP Uber’s directors approved a huge investment from Japan’s Softbank late Tuesday, and a series of changes to its board. The firm said the investment, which reports suggest may hit $1.3bn (£980m), could be finalised in the coming weeks. The board of the ride-sharing firm also endorsed a plan to hold an initial public offering in 2019. The moves signal fresh unity among the previously divided board as Uber seeks to recover from a series of scandals. “The board voted unanimously to move forward with the proposed investmentRead More


Slack worth $5.1 billion after $250 million investment …

Workplace messaging app Slack has raised $250 million in a funding round led by the Japanese tech giant SoftBank, putting its overall valuation at $5.1 billion. SoftBank said Monday that its Vision Fund led a Series G funding round alongside Accel and other investors, topping up its existing $540 million in funding to $790 million. “Slack is the operating system for today’s fast moving businesses, enabling teams to work together effectively at a time when businesses need to be responsive to rapid change and disruption,” Deep Nishar, senior managing partnerRead More