Key Takeaways The property tax deduction allows homeowners to reduce their federal taxable income by deducting state, local, or foreign property taxes. Deductible taxes must support the general public welfare and exclude charges for home renovations or specific services. The deduction is limited for high earners due to the Tax Cuts and Jobs Act, which
Key Takeaways A closed fund is a mutual fund that stops accepting new investment because of size, strategy, or performance factors. Fund closures can be temporary or permanent, depending on strategic management decisions by fund advisors. If a fund’s asset base grows too large, it can hinder the ability to execute its investment strategy effectively.
TLDR: BlackRock blocked $580M in withdrawal requests after its HPS fund hit the 5% quarterly redemption cap limit. The $3 trillion private credit market faces a structural mismatch between investor liquidity needs and long-term loan terms. Blue Owl and BlackRock both faced heavy withdrawal pressure, pointing to possible tightening across private lending markets. Weakening labor
BlackRock Inc. have limited the withdrawal from the $26 billion HPS Corporate Lending Fund (HLEND) to 5 per cent of its net assets. The Gating mechanism was activated following a massive surge in redemption requests at 9.3 per cent of their share, as investors became increasingly wary. This is the first time in 4 years
Image source: Getty Images A number of investments in my Self-Invested Personal Pension (SIPP) are performing well in 2026. The standout is the Blue Whale Growth fund. Believe it or not, this fund returned 12.6% in the first two months of the year (versus 3% for the MSCI World index). Here’s a look at how
Key Takeaways Emergency funds should be kept in accounts that offer liquidity and safety. Avoid volatile assets like stocks for emergency savings to maintain fund access. Compare interest rates on FDIC-insured accounts for modest returns without sacrificing accessibility. Maintaining an emergency fund is one of the most fundamental components of financial planning—but simply stashing cash
On his podcast, the founder of MoneySavingExpert has broken down the complex rules behind Inheritance Tax, explaining how allowances work and why many estates never end up paying the charge. Inheritance tax is the levy applied to someone’s estate when they die, including assets such as property, savings, investments, businesses and other valuables. But Lewis
Key Takeaways Using a stockbroker is necessary for buying stocks. Stockbrokers can be human or online platforms. You choose which investments to buy or sell. Stockbrokers handle the trade execution for you. Direct buying from stock exchanges isn’t possible for individuals. To buy stocks, you’ll typically need the assistance of a stockbroker since you cannot
With the new tax year starting on April 6, now is the time to make sure you’ve used valuable tax-free allowances before they reset Do your end of tax year checklist now(Image: Prostock-Studio via Getty Images) Vicky Parry of MoneyMagpie speaks to financial experts including Jasmine Birtles and Ruby Layram about the simple moves –
Key Takeaways A global fund invests in companies worldwide, including the investor’s country, seeking top securities. It offers diversification by spreading investments across various countries and sectors. Global funds can be actively or passively managed, with different risk and return profiles. Investors benefit from global economic growth and various currency exposures. Passive global funds often