Kyle Caldwell

Open-ended property funds hit sellers in the pocket amid Brexit concerns

BMO UK Property has become the latest open-ended property fund to switch its pricing, as fears over a no-deal Brexit intensify.

The open-ended fund joins several others that made similar moves earlier this year, including property funds run by Kames Capital and Columbia Threadneedle. Such pricing adjustments are essentially a markdown on the value of the underlying properties in the fund, penalising investors who cash in their holdings.

Money Observer turns 40: don’t miss our special anniversary issue

In personal finance and investment, experience is invaluable. It’s a trait that Money Observer has in spades, as the longest-established magazine in the market for private investors.

This October, we are celebrating our 40th anniversary, and to mark the occasion we will be producing a special anniversary issue outlining 40 ways to become a more successful investor.

Should investors be scared of the big bad yield curve?

Bond markets have sent another recession warning signal, with a more noteworthy part of the bond yield curve inverting for the first time since the global financial crisis.

Earlier this year, in mid-March part of the yield curve inverted, the bit between the 10-year and three-month Treasury bonds (debt issued by the US government).

Pocket money? Why I won’t be paying in cash

Is it appropriate to give pocket money to a three-year-old? Well, one in seven parents think so and frequently splash the cash, according to research by the Nottingham Building Society. Just over one in four (26%) kids aged eight receive pocket money.

The research also found that giving between £5 and £9.99 was the most common; in terms of how often the payments are made, weekly came out on top. This means children who receive pocket money on a weekly basis are potentially pocketing as much as £520 a year.

Top 10 most popular funds: July 2019

Despite repeated warnings over the past couple of years from various investment commentators that the strong performance US equities have enjoyed since the financial crisis is looking long in the tooth, the S&P 500 index has continued climbing.