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Investment
Amateur investors are on the same level as City fund managers
Figures suggest that DIY investors can achieve returns comparable to those of highly-paid City fund managers.
Retail investors using Interactive Investor's online platform have seen returns of 12.6% on average in the last three years.…
Saudi Aramco spends £100bn on crown prince’s desert Mirror City
Saudi Arabia's state owned oil giant, the Saudi Arabian Oil Company (SAOC), is planning to spend almost £100bn on crown prince Mohammed bin Salman mega-projects despite a drop in profits.
Aramco expects to pay $124bn this year (£99bn),…
How pension funds made student housing a money-making machine
Buy-to-let is doomed by purpose-built flats for Gen Z
The crumbling walls, dirt-coated appliances and crumbling ceilings of the TV series The Young Ones were all a part of the rite of passage.
The chaos and filth that was glamorised…
Heineken will upgrade hundreds of pubs for £39m
Heineken invests £39 million in the UK to upgrade and reopen more than 600 pubs that have been closed for a long time.
Refurbishments will be carried out in approximately a quarter (2400) of Heineken’s pubs, which make up the Star Pubs…
Investors can benefit from a NatWest bonus share plan
Retail investors may receive a bonus share of NatWest if hold the stock for more than a year. This is part of plans by ministers to privatise some government shares of the bank in a Tell Sid style.
The plan is to sell NatWest shares in a…
Mubadala Capital to invest $13.5 billion in biofuels in Brazil
Mubadala Capital, based in Abu Dhabi, plans to invest $13.5bn over the next decade on a large biofuels project. This is part of larger plans for Brazil that also include the creation a new stock market.
Asset management of the Emirati…
Retail property specialist expands in France
Supermarket Income Reit has made its first overseas foray after agreeing to purchase a portfolio Carrefour supermarkets located in France.
In a sale and leaseback, the real estate investment trust acquired 17 "strongly performing…
Concord wins the bidding war against Blackstone for Hipgnosis
Hipgnosis Songs Fund is at the center of a bidding war after Apollo-backed US Investment Group Concord beat a rival bid from Blackstone, raising their own offer to $1.5bn.
Blackstone over the weekend presented a proposal to its board of…
Investors rush to SpaceX, OpenAI and Destiny shares
A fund in the United States that offers "public access" to private technology has seen its value soar amid investor fervor for its unlisted investments.
Investors clamoring for exposure to the fund's private holdings such as Elon Musk's…
Mobico, the owner of National Express, flashes its hazard light to get investors off.
Mobico's shares, which own National Express, fell to their lowest ever price on Monday due to a profit warning, a sudden departure of its finance chief, and reassurances that debt levels would remain high for some time.
City analysts…
Estrella Damm opens its first British brewery in Bedford
The family-owned Estrella Damm, which is a leading producer of Spanish lager in Britain, has invested €60 million in the construction of a modern brewery in Bedford.
Estrella is being produced outside of the Iberian Peninsula for the…
Concord Chorus and UK music investor Hipgnosis reach agreement on £1.1bn purchase
After months of turmoil, the British music royalties fund Hipgnosis has agreed to be taken over by a rival music and theatrical rights company for $1.4bn.
The Concord Chorus agreement, which offers Hipgnosis' shareholders a premium of…
L&G fires a warning shot at AstraZeneca regarding Pascal Soriot pay
The UK's biggest investor has cautiously supported Sir Pascal Soriot’s controversial AstraZeneca pay deal, but warned that a successor shouldn't expect the same treatment.
Legal & General voted in favor of plans to increase the…
As the Middle East crisis intensifies, drivers will face a rise in petrol prices
The escalating Middle East crisis threatens to push oil prices to close to $100 per barrel.
The RAC has warned that the price of petrol could reach £1.50 a litre if Iran’s attack on Israel causes crude to rise. Oil prices have already…
Polar Capital is a new-found fan of technology stocks
Polar Capital's figures show that investors are now putting more money back into technology funds after an eight quarter period of net redemptions.
The shares of the London-listed specialist investment manager in technology jumped by a…
Thames Water bondholder warns that creditor losses may deter investment to the UK
Nationalising Thames Water will discourage investment in UK infrastructure. This is the warning of a major bondholder.
Royal London Asset Management's senior fund manager said that taking the heavily-indebted water company under public…
Investors rush to buy British debt amid fading hopes for a Fed rate cut
Investors rush to buy British bonds as traders increase bets on the Bank of England cutting interest rates ahead of the US Federal Reserve. The official data showed that the US rose more than expected in march, which was a blow for US rate…
Vitol reports $13bn profit in second consecutive bumper year
Vitol is the largest independent commodity trader in the world. It has earned far more profits than its competitors for the second consecutive year, cementing its position as a major player in the global energy market.
According to…