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House transactions lowest in 30 years

The average number of transactions per surveyor over the last three months was 15.3, the lowest figure since 1978, according to the Royal Institution of Chartered Surveyors. Surveyors reporting a fall in house prices rather than a rise fell to 88 per cent from 92.2 per cent in April.


Bestinvest downrates Luckraft’s funds

Bestinvest has dropped its ratings on George Luckraft’s Axa Framlington monthly income and equity income funds, citing high risk and a failure to reposition his portfolio.

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk


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