Industry experts have branded Chancellor Alistair Darling’s decision to impose a 50 per cent tax on banker bonuses as little more than political posturing which will fail to raise the predicted revenue. The tax will affect banks offering over £25,000 in individual bonuses, with the one-off levy expected to raise £500m. The tax, which effects […]
There is no doubt the opinion polls are getting interesting again and there is more than a touch of the jitters in Tory ranks. With several polls putting Tory support at less than 40 per cent – a hung Parliament scenario might be back on the cards.
Jacob de Tusch-Lec, manager of the Global Income Fund, analyses a sell-off so “vicious” that the ‘hot’ stocks are underperforming emerging markets. What does it mean for the portfolio – now and in the months to come?
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]