Woodford Investment Trust Taken Over By Schroders
There is finally some good news for the investors that put money into the Woodford Patient Capital Trust (WPCT). The fund which has been in the news the past few months for all the wrong reasons has now been taken
Read MoreAussie Net Worth Falls In Global Wealth Report 2019
Australia is a bit poorer now as the net worth of the Australians has fallen significantly. This is mostly because of the decline in the Australian dollar and the weak Australian market. The average wealth of Australian adults is now
Read MoreWoodford Equity Income Fund To Relaunch With New Name
Neil Woodford went from being one of the most enviable men in the UK to one of the most hated. He used to have a reputation of being the UK’s best fund manager but things went downhill and now his
Read MoreFCA To Make Changes After Woodford Investment Disaster
The Financial Conduct Authority (FCA) which is the UK financial watchdog is considering putting more restrictions on how funds can be invested into companies not listed on stock exchanges. This stems from the recent suspension of the Woodford Equity Income
Read MoreSwitzerland’s Loss Of EU Access Rights Causes Trading Costs To Increase
Though Switzerland is technically in the European Union (EU), the country is banned from trading many shares in the bloc because of negotiation breakdowns back in July 2019. This has limited traders who want to work with the EU stock
Read MoreBCC Say Britain Facing Prolonged Investment Slump
The world economic slowdown and the US-China trade war has resulted in rocky economic weather for the UK. It does not help that the UK is also facing the danger of Brexit amidst political tensions. The result is that the
Read MoreASIC Unveils Ban on Binary Options & Restrictions on CFDs
Many financial experts in the Australian market predicted that this would eventually happen and turns out they were right. The Australian Securities and Investments Commission (ASIC) has unveiled a proposal to place restrictions on both contracts-for-differences (CFDs) and over-the-counter (OTC)
Read MoreGermany’s Central Bank Warns Country Is On Tip Of Recession
The world economy is once again feeling the pressure and warning signs are appearing everywhere. The German central bank ‘Bundesbank’ has sent out a cautionary warning in its monthly report stating that the German economy is close to tipping into
Read MoreNYSE Trading To Get A Revamp With Project Pillar
The New York Stock Exchange (NYSE) was once one of the biggest and most popular stock exchanges in the United States. The NYSE had some of the biggest listed companies and its trading volumes in the 1990s surpassed all the
Read MoreCboe Market Data Offered At Reduced Prices To Retail Brokers
Retail brokers are always looking for real time data from reputed sources so that they can make better decisions on their investments. Cboe Global Markets has decided to address this demand with its latest product release. The company promises to
Read More