Jeff Prestridge

1 week ago | thisismoney.co.uk | Jeff Prestridge

Investment trust STS Global Income & Growth is not designed to shoot out the lights. Far from it. Since Troy Asset Management took over its reins in late 2020, it has been more defensive than attack-minded – happy to provide a rising flow of income to shareholders while gently enhancing the value of investors' capital, and preserving it when stock markets plunge. It's a conservative investment approach which has worked so far.

1 week ago | thisismoney.co.uk | Jeff Prestridge

Financial scams are a fact of life. Sadly, despite efforts by the banks and regulators to make them more difficult to perpetrate, the criminals always seem one step ahead. A few days ago I was contacted by a director of a firm of chartered financial planners in London whose name and company had been used by fraudsters to tempt one of his clients to invest in an 'investment portfolio'.

2 weeks ago | thisismoney.co.uk | Jeff Prestridge

When it comes to the role that cash – hard cash – plays in the running of our creaking economy, I am not for turning. Whatever the banks, government agencies and the big payment processing companies (US-owned) may say about the consumer benefits of moving to a digital payment world, my view is simple. The UK must become a nation where cash – good old pounds and pence, notes and coins – is universally accepted.

2 weeks ago | thisismoney.co.uk | Jeff Prestridge

Investment fund Evenlode Global Equity is approaching its fifth anniversary with returns for investors since launch in excess of 50 per cent. A satisfactory result – and better than the average for its global peer group of 35 per cent. For managers Chris Elliott and James Knoedler it is testimony to their robust investment process, which is built around buying stakes in some of the world's leading companies at attractive valuations and then holding them long-term.

2 weeks ago | dailymail.co.uk | Jeff Prestridge

Disgraced former fund manager Neil Woodford is currently running rings round the regulator, the Financial Conduct Authority. More than a year has passed since the FCA issued a warning notice against Woodford for failing to manage effectively the liquidity risks associated with his £3.7billion investment fund Woodford Equity Income (WEI) in the run-up to its suspension in June 2019. The fund's subsequent break-up crystallised losses for tens of thousands of investors.