US hedge fund Saba Capital is targeting a so-called ‘miserable seven’ investment trusts with plans to oust their directors and install allies in their place. The firm, run by Wall Street financier Boaz Weinstein, needs to win 50 per cent support from voting shareholders to succeed, meaning investors must vote against the proposals to defeat … Read more
Once again last year, the US stock market was dominated by the Magnificent Seven – with some spectacular share price returns. Chip maker Nvidia, the biggest hitter among group, rose 171 per cent in 2024, while Meta and Tesla rose more than 60 per cent. Amazon, Alphabet and Apple racked up gains of between 44 … Read more
Britain’s most dedicated Isa investors have racked up pots worth almost £9million each. Yes, you’ve read that correctly… there are 25 super Isa investors in the country who have an average of £8.9million saved in their tax-free accounts. It comes as the number of Isa millionaires soared 228 per cent in two years, with nearly … Read more
US investment giant BlackRock’s analysts have backed UK stocks to outperform, with foreign investors pulled in by ‘relative political stability’. The BlackRock Investment Institute this week moved to an ‘overweight’ position on London-listed stocks on the basis that a new government with a sizeable majority will encourage investors to recognise ‘attractive valuations’. But BII says … Read more
Investors’ profits are in the cross hairs in the run-up to the election as a number of parties call for higher capital gains tax rates. But despite rumours that Labour will stage a CGT raid, the Liberal Democrats are the only main party with a manifesto commitment to hike capital gains tax rates, from 10 … Read more
If you weren’t invested in the Magnificent Seven tech stocks, investing in equities in 2023 was a bit like treading water in treacle. Heavy going. The Magnificent Seven is up on average over 100 per cent in the last year and in contrast, most other markets have only experienced very modest, if any, returns. Everyone … Read more
I want to buy shares in graphics processing firm Nvidia, but I’m not sure where to start. Its share price has had a phenomenal rise in 2023, but have I missed the boat? Can it keep up this performance and is now still a good time to buy into Nvidia? And should I look to … Read more
A rising number of investors are using the Bed & Isa gambit to protect their assets ahead of a tax grab this April, industry figures reveal. This oddly-named manoeuvre involves selling investments held outside an Isa and buying them back inside a new or existing one, with the tedious trading business handled for you by … Read more
At first, Michael Walsh enjoyed the excitement of his new hobby of buying and selling cryptocurrency. He started by putting £8,000 into several digital currencies as the cryptocurrency market boomed in 2020. But within months, the 42-year-old’s mood and behaviour had changed. He was always tired as he was regularly waking up at all hours … Read more
Last Updated 14:59 GMT, 31 Jan 2024 Stocks & shares Isas and investment accounts reviewed in our independent regularly-updated guide Simon Lambert is the editor of This is Money and has been a financial journalist for almost 20 years. Simon writes about everything to do with money, but has a keen interest in investing, the … Read more
