With a heavy heart – and a heavier bill – Aviva told investors this week that after a tumultuous year for the fund, the firm will shut its main UK Property Fund as well as its two feeder funds on 19 July and return cash to investors “in a fair and orderly manner”. The current…
After a long quiet spell, Europe is capturing investor interest once again, with the green shoots of a recovery now coming through. After a desperately slow start, vaccination programmes on the continent have stepped up greatly, with ever more jabs set to be delivered in the coming weeks. That, combined with warmer weather and a…
Beyond the directly virus-related stories, the week’s news has been dominated by cryptocurrency shenanigans and the return of outright war in the Middle East. Cryptos are the “Reality TV” version of markets – hugely fascinating but having not much to do with reality – and largely purchased by believers and speculators, rather than investors. Having…