magazine archive
magazine archive
Big News
UK banks pass latest stress tests
Thursday 30 Nov 2017For the fourth year in a row the Bank of England (BoE) has run its checks to see how the UK banking sector would withstand another financial crisis. For the most part investors in the sector can now breathe a sigh of relief. For the first time since 2014 no bank needs to raise cash in the wake of...
New European-focused fund offers tastier way to play e-commerce logistics boom
Thursday 30 Nov 2017A new vehicle is launching on the London Stock Exchange which will enable investors to gain access to the pan-European logistics market for the first time. The £250m IPO (initial public offering) offer for Aberdeen Standard European Logistics Income is open to retail investors until 11 December. We...
Tri-Pillar promises ‘completely different’ infrastructure proposition
Thursday 30 Nov 2017Investors looking to avoid paying a premium for infrastructure funds have until 4 December to take part in the IPO (initial public offering) offer for a new fund with a difference. We think the shares are worth buying. Tri-Pillar Infrastructure Fund will be advised by CAMG which is run by former...
UK engineers in demand with customers and investors
Thursday 30 Nov 2017Analysts are becoming increasingly confident of earnings outperformance potential across the engineering sector. Investment bank UBS is among those to have picked up on the trend. UBS believes eight out of 13 UK engineers beat expectations on organic top line growth in the third quarter of 2017 (...
ConvaTec and Merlin to be ejected from FTSE 100
Thursday 30 Nov 2017The healthcare sector has taken a blow on news that one of its biggest London-listed stocks will be ejected from the FTSE 100 in December following the index’s quarterly reshuffle. A decline in the valuation of woundcare specialist ConvaTec ( CTEC ) means the stock will be demoted to the FTSE 250,...
Black Friday to bring further retail woe
Thursday 23 Nov 2017Deep discounts across the retail sector in the run-up to Black Friday (24 Nov) look set to trigger a further flurry of profit warnings in January, if not before Christmas. The nation’s shopkeepers are slashing prices to drive custom at a time when consumer incomes are being squeezed. Marks &...
EasyJet takes advantage of rivals’ struggles
Thursday 23 Nov 2017Budget airline EasyJet ( EZJ ) is benefiting from extra capacity after Air Berlin declared insolvency and Monarch Airlines entered administration earlier this year. Revenue per seat growth is anticipated to be positive by ‘low to mid-single digits’ in the six months to 31 March 2018 – better than...
Worldwide dividends surge in record high third quarter
Thursday 23 Nov 2017Dividends paid by listed companies across the globe hit their highest third quarter level on record in 2017, according to the latest report from asset manager Janus Henderson. There was growth almost across the board, adding up to a year-on-year increase of 14.5% in the period to $328.1bn. UK...
New clean energy fund heading to the market with 4.5% yield
Thursday 23 Nov 2017A new income fund will launch on 1 December giving investors the chance to earn regular dividends from the boom in clean energy projects. VT Gravis Clean Energy Income Fund plans to mainly invest in specialist closed-end funds and companies with clean energy operational assets. It will also...
Ocado growth story turning sour
Thursday 23 Nov 2017UBS has slashed its price target for online supermarket Ocado ( OCDO ) from 200p to 190p and reduced earnings estimates amid evidence of slowing sales growth. According to Kantar Worldpanel’s latest grocery industry figures (14 Nov), Ocado’s sales growth slowed to 6.8% for the 12 weeks to 5...