Netwealth posts figures as it turns two years old
Master Investor Show 2018 exhibitor Netwealth has reported that its funds have outperformed their respective peer groups by 3-8% over the course of its first two years.
Master Investor Show 2018 exhibitor Netwealth has reported that its funds have outperformed their respective peer groups by 3-8% over the course of its first two years.
Shares in Connect Group crashed by 45.19% to 28.50p, as at 1140 BST, after the distribution and logistics specialist issued a warning that trading has been extremely weak since 1st May and the expected World Cup bounce has not arrived.
Online fashion outfit Boohoo.com announced that revenues in the three months to 31st May were £183.6 million, a rise of 53% relative to the same period last year, with strong performances across geographies and brands.
FTSE 250 housebuilder Crest Nicholson has reported that pre-tax profits for the six months ended 30th April dropped to £74.8 million due to increasing costs of sales.
Big trusts can have a reputation for being boring and staid, but Nick Sudbury is here to take a look at why the growth-focused Scottish Mortgage Investment Trust is a bit different.
Shares in AIM listed self-storage specialist Lok’n Store climbed by 4.05% to 434.39p, as at 1300 BST, after the company announced that it has acquired two new freehold sites.
FTSE100 private medical provider NMC Health has entered into a non-binding agreement to form a joint venture healthcare platform with the investment arm of Saudi Arabia’s largest pension fund.
Simon Cawkwell, AKA Evil Knievil, with his latest trading and gambling exploits – writing exclusively for Master Investor.
IT services provider Redcentric has seen its shares drop to 92.55p, a 7.45% decline from this morning’s opening price. Management said that results for the year ended 31st March were in line with expectations but issued a warning about the current financial year.
Specialist chemical manufacturer Synthomer has announced that it is under investigation as part of a wider European Commission anti-trust inquiry related to the purchase practices for Styrene monomer within the European Economic Area.