London has a new major mining company this week as Anglo American (AAL) demerges Valterra Platinum (VALT), and the secondary listing arrives amid early signs of a recovery for the precious metal price. A market value of £8bn makes Valterra one of London’s largest pure-play mining companies, just behind Fresnillo (FRES) and Antofagasta (ANTO). Despite
• Annual pre-tax profit of £19.8mn • Year-end net asset value (NAV) of £116.3mn (22.3p) • NAV per share accretive tender offer post year-end Logistics Development Group (LDG: 14p), an investment company managed by asset management firm DBay, booked £19.2mn of investment gains on its concentrated portfolio last year to drive up NAV by 18
Debt investors face two major challenges: interest rate risk and credit risk. Given the current political and economic landscape, it would be understandable to be nervous about both. However, for savvy investors there are still opportunities in this esoteric sector. Interest rate risk (the risk that your investment falls in value due to the inverse
Mortgage rates forecast to fall Valuations at financial crisis levels Increased focus on returns When looking for safe havens from the upheaval caused by President Trump’s on-again, off-again tariff pronouncements, UK housebuilders might not seem like the most obvious place to start. However, the sector has been an unlikely beneficiary during this period. A month
Novice investors are often warned against backing a company just because they appreciate its products. Loving your iPhone? It does not automatically follow that you need Apple (US:AAPL) in your portfolio. Yet buying shares in a company you know well holds undeniable appeal – even for seasoned stockpickers. You understand its products and the investment case, so
What kind of stocks do you invest in? These days, a common answer to this question is simply ‘all of them’. For little cost, you can buy an exchange traded fund to own a broadly diversified equity market. Job done. Well, sort of. If you own a FTSE 100 passive fund, you own a piece