Blowing in the wind

The sale after 17 years of the last of the government’s stake in NatWest has led some to claim that this was good news for the banking sector. The stock overhang has been removed and the sale has got

The investment-trust structure was conceived in the mid-1800s to fill a gap in the market for a low-cost, mass-market investment vehicle. One of the first was Foreign & Colonial, founded by City of Lo

Managers of open-ended funds must carefully consider the liquidity of their holdings, because they may need to sell assets to meet redemptions. Since small and mid-sized companies are less liquid than

Companies in the news and how they were assessed

This year’s “unusually good run” for beleaguered British shares shows “there is life in the old dog yet”, says Katie Martin in the Financial Times. True, the FTSE 100’s 10% year-to-date gain isn’t sen

Companies in the news and how they were assessed