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FundCalibre launches ratings service for investment companies

FundCalibre has unveiled a research ratings service for investment companies. The new service has awarded its standard ‘elite’ rating to 11 investment companies, including the Baillie Gifford Japan trust, Baillie Gifford Shin Nippon and the City of London Investment trust. The firm expects to award more ratings in the next few months. Tony Yousefian, investment […]

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Angus Tulloch to retire from Stewart Investors

Angus Tulloch will be retiring from the industry on 30 September after 29 years with Stewart Investors. Tulloch will remain involved with the business as a non-executive director of a new global small cap investment trust it plans to launch later this year, the group confirmed in a note to clients. Hargreaves Lansdown head of […]

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Where was the Budget help for long-term saving?

Chancellor Philip Hammond has delivered his first Budget, and by all accounts it was pretty underwhelming. For those of us used to the fireworks and rabbits out of hats delivered by his precedessor, this new style of Budget delivery takes some getting used to. There was precious little on the much trailed package of reforms […]

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Osborne to earn £650k a year at BlackRock

BlackRock will pay former chancellor George Osborne £650,000 a year for working four days a month as an adviser. Osborne will advise on European politics and policy, Chinese economics and market trends, according to the Financial Times. The figure is Osborne’s total remuneration, but the figure may rise as he expects to get shares in […]

US loan growth is not painting a pretty picture for the US economy

Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]

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