Expert advice to enhance your career from Head of Yahoo Finance UK, Lianna Brinded.
The world's 20 best-performing hedge funds earned $65.4 billion for clients in 2021, setting a new record as stock markets marched higher despite rising prices and coronavirus cases, LCH Investments data show. As a group, the most successful managers earned more than one third of the $176 billion that all hedge funds made last year, LCH Investments, a fund of funds firm that tracks returns and is part of Edmond de Rothschild group, reported. The top 20, including brand-name investment firms TCI Fund Management and Citadel, returned an average 10.5% and jointly managed nearly one fifth of the industry's $3.6 trillion in assets, the data show.
Sir Antonio Horta-Osorio is in line for a payout of up to £3.8m after stepping down as chairman of Credit Suisse over a trip to Wimbledon in breach of Covid rules.
Asking prices for British homes rose by the most in annual terms in nearly six years in early 2022, according to a survey that showed how a severe shortage of properties for sale is keeping up the heat in the housing market. Property website Rightmove said on Monday that the average price of property put up for sale rose by 0.3% in January, taking the 12-month increase to 7.6%, the highest annual rate of price growth since May 2016. The number of buyers enquiring about homes was 15% higher than at the same time last year but the number of available homes for sale per estate agency branch sank to a new record low of just 12, Rightmove said.
Jobs site CV-Library said its survey found that lawyers, teachers and new graduates were those most disappointed with their salaries.
Shares in Marmite maker Unilever are sharply lower after it made an audacious swoop for GlaxoSmithKline's consumer healthcare arm. The food giant told investors that the Glaxo unit is a “strong strategic fit” as part of it pursuit of sales categories with higher rates of sustainable growth. The developments came as the City also digested the resignation of former Lloyds boss António Horta-Osório as chairman of Credit Suisse.
The FTSE 100 has many income opportunities, but which dividend stocks are the best to buy in 2022? Zaven Boyrazian explores his top picks. The post 9% dividend yields! 2 FTSE 100 stocks to buy in 2022 appeared first on The Motley Fool UK.
A target should be set for people accessing the free service Pension Wise or taking paid-for advice, the Work and Pensions Committee said.
The potential tie-up would be one of the biggest takeovers in UK history.
Analysts say GSK is right to rebuff £50bn offer for consumer healthcare venture. Unilever’s offer represents only a modest premium to its current value, according to some leading analysts
I think the prospects for these two companies means they’re top shares to buy in 2022. The valuations also look good too. The post 2 cheap shares to buy for 2022 appeared first on The Motley Fool UK.
BP, Shell and utility Iberdrola were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction which raised nearly 700 million pounds ($958 million) for public spending. Competition for offshore wind sites has intensified as governments and investors have woken up to the urgency of cutting carbon emissions, with oil majors making high bids. Crown Estate Scotland, which manages the Scottish seabed, said on Monday that proceeds from the first such leasing deal in around a decade will go to the devolved Scottish government.
FTSE 250 shares generally did quite well in 2021 as the stock market recovered from 2020 and these two shares that did well could keep performing. The post Could these two FTSE 250 shares go up again in 2022? appeared first on The Motley Fool UK.
Paul Myners, the former City minister enlisted by Gordon Brown to help stabilise Britain’s banking system during the 2008 financial crisis, has died at the age of 73.
Edinburgh-based firm joins pilot study into shorter working week run by Oxford and Cambridge academics
Lord Myners obituary. Energetic businessman, adviser to Gordon Brown during the 2008 financial crisis and former chair of the Guardian Media Group
BRUSSELS (Reuters) -More than 2 billion euros of European Union funding to help businesses save energy contributed little to climate change targets and in some cases funded investments that would have happened anyway, auditors said on Monday. The EU regards curbing energy use as essential to meeting goals to cut greenhouse gas emissions, and record high gas and power prices in recent months have increased the focus on measures to save energy. But so far, EU funding to support energy savings for businesses has not been effective, the European Court of Auditors said in a report.
China may triple electricity generation to supply 60% of the country's total energy under Beijing's carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell said on Monday. Shell is one of the largest global investors in China's energy sector, with business covering gas production, petrochemicals and a retail fuel network. A leading supplier of liquefied natural gas, it has recently expanded into low-carbon business such as hydrogen power and electric vehicle charging.
Recruiters say: We need more bankers
The online retailer had intended to introduce the changes from Wednesday, having warned customers that the card company’s fees were too high.
The chairman of Credit Suisse resigned Monday over Covid quarantine violations, leaving the bank's new risk committee chief holding the reins and tasked with trying to stabilise the scandal-hit institution.
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