Latest News - Gavin Lumsden
Scottish Mortgage tops up Tesla stake as money pours in
Global fund managers James Anderson and Tom Slater confound critics of Elon Musk by upping their holding in Tesla, his electric car company, during another strong year for returns.
Hipgnosis has ‘Sweet Dreams’ with David Stewart on board
Former Eurythmics’ guitarist, songwriter and record producer joins advisory board of Hipgnosis Songs after selling music catalogue to royalties fund.
Lord Rothschild steps back from RIT Capital Partners
(Update) Lord Rothschild is stepping down as chairman and director of RIT Capital Partners to become president of global investment trust he founded 31 years ago.
Henderson International eyes Establishment assets as Henry Thornton starts new fund
Henderson International Income Trust in line for bump-up in assets after board of Establishment choose it as default roll-over option for shareholders ahead of its liquidation.
FTSE and sterling flounder at further Brexit ‘Groundhog Day’
Both pound and UK stock market flat line after European Union prolongs investor uncertainty over Brexit by extending Britain’s deadline to leave until October.
Ground Rents fund grounds Brooks Macdonald in switch to Schroders
Real estate trust hit by government ban on unfair leases and collapse of Carillion seeks support of larger investment group with its fund management team under James Agar moving to Schroders,
The Expert View: Tesco, Indivior and Reckitt Benckiser
Our daily roundup of analyst commentary on shares, also including Just Eat and Asos.
Woodford: wake up to Patient Capital’s ‘astounding value’
Shares in Woodford Patient Capital Trust advance as company unveils its best annual performance in three years and fund manager Neil Woodford expresses confidence in his next wave of tech disruptors.
Investors pull £160m from Woodford after share swap
Investor exodus from Woodford Equity Income spikes to a six-month high in March after fund’s controversial share swap with Woodford Patient Capital Trust
The Expert View: AA, Stagecoach & John Laing
A roundup of analyst comments on shares, including Mitie and Topps Tiles.
What's behind the big wealth client exodus?
The results of EY’s recent global wealth survey serve as a reminder that the customer is always king
Citywire South East: mental health - 'the last great taboo'
In light of Mental Health Awareness Week, we look back at coverage from the mental health panel at our recent South East event in Hampshire.
Mifid II: less research does not always mean better quality
Asset and wealth managers are more careful when deciding who's worth a research paycheck