Companies list on stockmarkets in order to raise capital. Historically, businesses starting to see growth would sell shares in the company via an initial public offering (IPO), using that windfall of capital to fund the expenditure needed for their expansion. In recent years, however, firms have been shying away from listings, with many companies choosing to stay unlisted for longer or not bothering to go public at all.
The Association of Investment Companies (AIC) has launched a new set of tools, called Income Finder, to help income investors research and keep track of dividend paying investment trusts.
There are four new tools: Income Builder, Dividend Diary, My Income Portfolios and Guides & Glossary. All of these can be used on the trade body’s website: www.theaic.co.uk.
Online investment platform interactive investor has announced the introduction of a new monthly fee structure.
Interactive investor (ii, our parent company) intends to replace its quarterly flat fee with three service plans involving a monthly fee, from which investors can choose the one that best suits their requirements. The changes will take effect from 1 June.
Scottish Mortgage continued its winning streak of being the most popular investment trust, according to the latest data from interactive investor (which owns Money Observer).
The global trust managed to return 3.7% in March, keeping its three-year return back above 100%.
UPDATE: Dividend yield forecasts across the FTSE 100 are on the up, but dividend cover still concerningly thin.
Despite the Brexit circus since the start of the year, the FTSE 100 has seen solid performance. In the first three months of 2019, the blue chip index has managed to return investors an impressive 8.2%, on a total return basis.
Leading this strong performance was retailer Ocado, which has been able to return investors 75.4% since the start of January.
Around one in 10 pension savers have been approached by pension scammers, according to research.
In a survey, carried out by Succession Wealth, of those aged over 50 and with pension plans around 10% had been approached by potential scammers, while 5% had lost money.
Financial Conduct Authority (FCA) has confirmed its decision to ban binary options.
In a statement released on 29 March, the regulator announced that the selling, distributing or marketing of binary option to retail investors will no longer be allowed.
Over the past few years, providers of index tracking funds and exchange-traded funds (ETFs) have been engaged in a price war, sending fees to record low levels.
However, the race to the bottom seems to have entered new territory, with some passive products sold to US investors now offering both a zero fee and negative fees.
The first quarter of 2019 has seen investors steadily regain confidence.
Following the heavy selling at the end of 2018, markets soon rebounded in January. Gains on the US market made the month of January 2019 the best for 30 years.