Latest News - Daniel Grote
The hedge fund that's beaten Woodford twice
Small US hedge fund Kerrisdale Capital has been on the winning side of two high-profile clashes with Neil Woodford.
Bookies slump as £2 stake limit on terminals looms
Shares in bookmakers tumble as The Times reports chancellor has agreed to £2 stake limit on controversial fixed-odds betting terminals.
CityFibre soars as Jupiter, Invesco and Woodford accept bid
Fund groups agree to sell stakes in fibre broadband company to consortium of investors at 93% premium to yesterday's share price.
Fund managers say sorry as they lick Conviviality wounds
'We are very sorry', say Acorn Income managers, while Marlborough's Siddarth Chand Lall labels investment 'a hard and painful lesson'.
Capita jumps as Woodford and Barnett back cash call
Shares in embattled outsourcing group rally as investors welcome turnaround plan, with fund groups Woodford and Invesco backing rights issue.
Pound slumps as Carney casts doubt on May hike
Pound continues decline as Bank of England governor Mark Carney suggests interest rate rise in May is not a foregone conclusion.
Retail woes: UK sales slump as Debenhams halves dividend
UK retail sales fall by more than expected in March, while profits crash at Debenhams, forcing halving of the dividend.
FTSE jumps as pound slumps on surprise inflation fall
Surprise fall in inflation to 2.5% weighs on pound, helping overseas earners drive the FTSE 100 higher.
AA delivers boost to Woodford as shares soar
Shares surge on bullish comments from boss, boosting fund manager Neil Woodford, the roadside recovery group's largest single shareholder.
WPP weighs on FTSE as Sorrell quits amid probe
WPP falls to bottom of FTSE 100 after Martin Sorrell quits as chief executive ahead of findings of investigation into alleged misconduct.
A fresh start: what it takes to set up a wealth boutique
With the raft of new regulations and pressure on fees, what does it take to launch a successful boutique in today’s market?
The perils of 10% portfolio falls reporting
FinoComp CEO Ray Tubman looks at the problems wealth managers face when calculating a 10% portfolio fall.
Mifid II crossroads – a fair price for research?
Fund managers may be forced to wake up to the true price of broker insight, says Chris Turnbull, co-founder of ERIC.