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2 months ago | 
citywire.com | Will Denyer |Ashley McConnell |Tania Mitra
‘The losses we make on minting pennies are this big.’
‘Let’s rip the waste out of our great nation’s budget, even if it’s a penny at a time,’ posted Donald Trump on his way home from the Superbowl Sunday.
In the same post, Trump announced that the US government would discontinue the production of pennies. Minting each of these 1-cent coins now costs the government 3.69 cents, leading to a net loss on every penny struck.
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2 months ago | 
citywire.com | Will Denyer |Joe Stonor |Sean Peche |Sophie Downes
Alignment over investment principles and a willingness to engage as ‘partners’ are key when selecting a model portfolio service (MPS) provider, according to Calton Wealth Management CEO, Tom Ham.
The advice firm, which looks after more than 1,000 client families, works with fellow Edinburgh-based firm Aspen Advisers on its investment proposition.
‘With some providers it’s like you’re buying their MPS off a shelf,’ Ham said.
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2 months ago | 
citywire.com | Sean Peche |Will Denyer |Ruan Jooste |Justin Adam Brown
‘The losses we make on minting pennies are this big’‘Let’s rip the waste out of our great nation’s budget, even if it’s a penny at a time,’ posted Donald Trump on his way home from the Superbowl Sunday. In the same post, Trump announced that the US government would discontinue the production of pennies. Minting each of these 1-cent coins now costs the government 3.69 cents, leading to a net loss on every penny struck.
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2 months ago | 
citywire.com | Will Denyer |Sean Peche |Ruan Jooste |Justin Adam Brown
Howard Marks (pictured) is a billionaire investor who’s been successfully investing through the many market cycles since 1970. Warren Buffett once said of him, ‘When I see memos from Howard Marks in my mail, they’re the first thing I open and read.
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2 months ago | 
citywire.com | Will Denyer |Sean Peche |Fergus Horsfall |Savannah Cobb-Thomas
Howard Marks (pictured) is a billionaire investor who’s been successfully investing through the many market cycles since 1970. Warren Buffett once said of him, ‘When I see memos from Howard Marks in my mail, they’re the first thing I open and read.
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2 months ago | 
citywire.com | Sean Peche |Will Denyer |Fergus Horsfall |Savannah Cobb-Thomas
‘The losses we make on minting pennies are this big’‘Let’s rip the waste out of our great nation’s budget, even if it’s a penny at a time,’ posted Donald Trump on his way home from the Superbowl Sunday. In the same post, Trump announced that the US government would discontinue the production of pennies. Minting each of these 1-cent coins now costs the government 3.69 cents, leading to a net loss on every penny struck.
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Nov 7, 2024 | 
citywire.com | Will Denyer |Michelle McGagh |Jeremy Gordon |Simon Evan-Cook
Expert View 07 Nov, 2024 Twitter Facebook Linkedin WhatsApp >print comments To continue reading, register for a free Citywire account Work email Password First Name Last Name Do you personally advise on or manage investments for clients?
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Nov 6, 2024 | 
citywire.com | Will Denyer |Jamie Colvin |Gavin Lumsden
In the wake of the US election results the economy appears to be on a sound footing and should be supported as we enter a cycle of interest rate cuts. Of course, the wider economic implications of the result remain to be seen but the dollar has surged so far this morning, with the US dollar index hitting its highest point since July.
As a result, our approach to stock picking remains unchanged, irrespective of the pending election or its outcome.
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Nov 6, 2024 | 
citywire.com | Will Denyer |Jamie Colvin |Gavin Lumsden |Michelle McGagh
Gresham House Energy Storage (GRID) has energised one battery and increased duration of two more projects in a move to lift total portfolio capacity to 845-megawatts and improve revenues to reinstate the dividend.
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Nov 6, 2024 | 
citywire.com | Will Denyer |Jamie Colvin |Gavin Lumsden |Michelle McGagh
RTW Biotech Opportunities (RTW) believes it can improve its performance over the next five years as it emerges from the sector’s second-worst bear market and makes its first major foray into revolutionary weight loss drugs.
Speaking to Citywire on the £521m trust’s fifth anniversary, RTW managing director Woody Stileman said falling interest rates and a pick-up in initial public offers in September were improving sentiment, which was reflected by slowing sector outflows.
