A retired couple, both 68, has owned the same closed-end fund for 12 years, collecting an 8% yield the entire time. Their fee-based advisor refuses to recommend it. Their tax preparer groans every spring when the complicated 1099-DIV arrives. Yet the numbers are difficult to ignore. On a $200,000 purchase made in 2014 at a
JPM UK Equity Core remains anchored in UK large-caps. While some investors in UK equities remain patiently hopeful that UK small- and mid-caps will rebound, others are not prepared to make that call. Callum Abbot, lead manager of the £1.5bn JPM UK Equity Core fund, said he is not actively betting on mid- and small-cap
Republican Sen. Thom Tillis criticized the Trump administration’s $1.776 billion “anti-weaponization” a “payout pot for punks.” “These people don’t deserve restitution; they- many of them deserve to be in prison,” Tillis said following reports that January 6 defendants and Trump allies are already lining up to seek compensation from the fund. Tillis, who is not
As Donald Trump plotted his return to the White House in late 2023, a group of campaign advisers began working on a plan to compensate political allies they believed were unfairly targeted by the federal government, two people familiar with the deliberations told CNN. The team spent months on the proposal in the lead-up to
Founded in 1998, Impax is a specialist asset manager investing in the opportunities arising from the transition to a more sustainable global economy. Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth
EXCLUSIVE: The BFI has outlined the allocation of £11.9m of National Lottery funding over three years to its Skills Clusters Fund, with £9m for seven existing clusters and £2.9m to broaden the programme’s geographical reach. The £2.9m will allow for the creation of new skills clusters where there is evidence of a need to build strong
Gade II Listed Cathedral of St Alphonsa of the Immaculate Conception, Preston. Alex-Ramsay The UK government has launched the Places of Worship Renewal Fund (PWRF), designed to support the repair of England’s treasured places of worship and targeted at places of most need. A total of £92 million has been allocated to the fund over
Morningstar’s mutual fund quote pages feature key performance and operations information on individual mutual funds, including portfolio allocations, risk metrics, management insights, and more. To find a mutual fund’s quote page, type a ticker or fund name into the search bar on any page of Morningstar.com. Morningstar Investor subscribers get exclusive access to our full analysis of
Two police officers who clashed with rioters at the US Capitol during the January 6 insurrection in 2021 have sued Donald Trump over plans to create a $1.776bn “anti-weaponization” fund. The fund, which critics have argued is essentially a slush fund, is set to compensate allies of the US president who he claims were victims
Understood to include office schemes at One Pall Mall Gardens and Martins Bank, six projects worth more than £200m will receive support from Liverpool City Region Combined Authority’s £2bn fund. Liverpool City Region Combined Authority announced the fund at MIPIM in March, and said today that dozens of projects worth more than £1bn “answered a