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News by: Daniel Grote

Accumulator: FTSE takes crown ahead of royal wedding

by Daniel Grote on May 18, 2018 at 17:11

The FTSE 100's record closing high yesterday means the index can be crowned top global performer this week.

Jupiter's Chatfeild-Roberts: why we sold Woodford

by Danielle Levy, Daniel Grote on May 18, 2018 at 15:30

Head of £6.9 billion Jupiter Merlin fund range points to profit-taking, wobbles for key holdings and working environment.

Small cap stars buoyed by Ocado's surge on US deal

by Daniel Grote on May 17, 2018 at 17:00

Shares in Ocado soar 43% after online supermarket signs deal with US giant Kroger, providing further boost to star fund manager backers.

FTSE hits record high as oil breaks through $80

by Daniel Grote on May 17, 2018 at 16:52

Oil jumps above $80 a barrel, helping BP and Shell drive FTSE 100 to record closing high, but Royal Mail falls on data fears.

Bookmakers hit by £2 limit on betting machines

by Daniel Grote on May 17, 2018 at 16:45

Government deals blow to bookmakers by imposing £2 stake limit on controversial fixed-odds betting machines.

M&G hands Standard Life biggest fund crown with Brexit transfer

by Daniel Grote on May 16, 2018 at 15:55

M&G's transfer of £34 billion held by overseas investors to Luxembourg will see Standard Life Investments' Gars fund overtake M&G Optimal Income as UK's biggest.

Paddy Power leads FTSE higher on US swoop

by Daniel Grote on May 16, 2018 at 14:47

Bookmaker's shares rally on takeover talks with US fantasy sports website Fan Duel just days after court ruling potentially unlocking US gambling market.

HMRC appeals Hargreaves 'discount tax' ruling

by Daniel Grote on May 15, 2018 at 14:42

Fate of millions of pounds set to be returned to investors will hinge on verdict, as taxman appeals ruling in favour of Hargreaves Lansdown.

Argentina crisis sparks emerging market fears

by Daniel Grote on May 15, 2018 at 13:27

Argentina's currency has been in freefall as the country goes cap-in-hand to the IMF. Could its problems spill over to other emerging markets?

Bookies surge on hopes ruling will unlock US market

by Daniel Grote on May 14, 2018 at 17:00

Shares in bookmakers soar as US Supreme Court ruling paves way for US states to legalize sports betting. IWG jumps on hopes of bid war.

Pearson buoys FTSE and fund manager backers

by Daniel Grote on May 04, 2018 at 11:01

Publisher jumps to top of FTSE 100 on tentative turnaround signs, boosting a number of fund managers who have built big positions.

Fund managers hail Sainsbury's swoop on Asda

by Daniel Grote on May 01, 2018 at 17:42

Some fund managers may be humming 'We're in the money' along with Mike Coupe.

 

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