Mortgages for purchase rose by nearly 4 per cent to 24,300 or £3.1bn in February from 23,400 in January but remortgages fell by 20 per cent to 35,000 from 44,000 in January, according to figures from the Council of Mortgage Lenders.
A high weighting to banks and cyclical stocks has led Richard Buxton’s £1.04 billion Schroder UK Alpha Plus fund to rise some 30.6% over the month to April 3, according to the group. Over the same period, the average fund in the Investment Management Association (IMA) UK All Companies sector was up 15.1%.This stance had […]
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?
How to make a pot of money last a lifetime- this is the crux of the retirement challenge. While the retirement landscape has undergone significant changes, the fundamentals of the challenge have remained the same but the responsibility for addressing it has shifted from institutions to the individual. Drawdown accounts are now the most popular […]