Investment

One of the world's most successful investors in technology said that chipmaker Nvidia may be worth more than $50tn over the next decade. This is greater than the current market value for the entire S&P 500. James Anderson is best…

Envestnet, which sells specialised software for wealth management, has agreed to get acquired by an American private equity group, and a consortium consisting of traditional asset managers. The $4.5bn transaction shows how traditional…

City regulators are set to implement the most significant change in listing rules for three decades to attract and retain companies on London's equity markets. Financial Conduct Authority (FCA) said that loosening the rules governing the…

During talks with Indian-owned Tata Steel regarding the future of the Port Talbot site, the UK will insist on "job guarantees" as a return for taxpayer funded investment. Jonathan Reynolds, the new business secretary of Wales, confirmed…

Investors in Britain are anticipating a possible cut in interest rates, and have poured money into equity funds faster than ever before. Calastone's latest data on funds flows shows that over £11 billion has been invested in equity funds…

Legal & General announced a new fund that can handle billions of pounds. This will allow millions of employees to invest their workplace pension savings in illiquid assets. L&G operates workplace pension schemes, including those…

Alliance Trust, one of Britain's oldest and most respected investment trusts, announced a merger with its rival Witan Investment Trust to create a £5-billion giant. Witan will roll its assets into Alliance in order to create a vehicle…

Volkswagen announced plans to invest $5bn (£3.9bn), or up to 9% of its total revenue, in Rivian's US electric carmaker. This comes as manufacturers are rethinking their strategies due to uncertain demand. The German automaker said that…

One of Britain's largest infrastructure investors called Britain "a Banana Economy" with the ethos "Build absolutely nothing anywhere (or anyone)". But he said that there was a large amount of capital to change this. Dominic Veney,…

The UK private equity industry hailed Rachel Reeves, shadow chancellor's suggestion to continue to offer favourable tax treatment for buyout executives investing in their funds as "encouraging". Labour has promised to raise £565mn per…

Nvidia is the most valuable company publicly listed in the world. This comes after months of explosive growth, driven by the demand for its chips as well as an investor frenzy about artificial intelligence. The company's share price rose…

International Energy Agency warns that the world will face a "staggering surplus" of oil by the end decade. This is equivalent to millions of barrels per day as oil companies continue to increase production. The IEA's annual report on…

Global investors are turning their backs on sustainability-focused stock funds, as poor performance, scandals and attacks from US Republicans hit enthusiasm for a much-hyped sector that has pulled in trillions of dollars of assets.…

Goldman Sachs amassed over $20bn in private credit to invest, giving it the firepower to move ahead in one the fastest-growing sectors of the asset management sector. The group announced on Wednesday that its asset management arm raised…

The buybacks of investment trusts will likely reach a new record this year as London-listed funds continue to trade at a discount to their true value. Winterflood's analysis shows that investment companies spent £2.2bn on buybacks during…

Investors bet a record £300mn against BT as the new chief executive Allison Kirkby is under pressure to reverse BT's falling share price. According to public disclosures, Canada Pension Plan Investment Board, BlackRock Investment…

A council under scrutiny for a series of disastrous investments altered its rules to allow it to invest in the "junk bonds" fund of a Monaco-based financier. Warrington Borough Council removed a restriction against investing in high-risk…

The shares of the video game retailer GameStop nearly doubled on Monday when the day trader linked to the meme stock mania in January 2021 appeared on X, the first time in 3 years. Keith Gill (also known as Roaring Kitty and…