Britain Financial News

The SICAV version will be identical to the existing Artemis UK Select fund, which seeks long-term capital growth by investing in a «focused» portfolio of 40 to 60 stocks irrespective of the benchmark's composition.  The move has already been approved by the Luxembourg regulator Commission de Surveillance du Secteur Financier (CSSF). Artemis 'refreshes' Positive Future fund after quadruple manager exit A member of the  IA UK All Companies sector, the original fund it has made a total return of 895.5% since its 1998 launch, outperforming the FTSE All Share benchmark (266.1%) and sect...

AI crypto coins increased by an average of 257% between January and March of this year. This was revealed in a Coingecko report .

Insurance broker March has launched a digital asset custody insurance product aimed at the asset servicing market.

Companies in the business of storing and transporting natural gas don’t sound “growth-y" or exciting, but they are businesses with a deepening competitive moat and growing need. Over the last decade, U.S. dry natural gas production has grown 57% and demand (including for exports) has risen 45%, according to the U.S.

2024 Lok Sabha polls is a battle between two ideologies, claimed that Congress has always united the country, while "the other side" has always divided the people of India. Taking to X (formerly Twitter), the former Congress chief in Hindi wrote: "This election is a battle between two ideologies! On one side is Congress which has always united India and on the other side are those who have always tried to divide the people." Gandhi said history is witness to who joined hands with forces that wanted the division of the country and strengthened them and who fought for the unity and independence of the country.

Europe’s highest human rights court has ruled that its member nations must better protect their citizens from the consequences of climate change

Scrabble is getting a bit of a makeover, at least in Europe

Nina and Stephen Edwards have been on the same page for most things in their 25-year marriage: what to have for dinner, where to vacation, where to set the thermostat in their New York City home. But there is one thing they can’t agree on: how best to load the dishwasher. Nina, an illustrator and adjunct lecturer at Pratt Institute, has a more freewheeling approach.

The killing of three private security contractors in last week’s Israeli strike on an aid convoy in Gaza shined light on an industry that in recent years has shifted from working for military forces to helping protect humanitarian organizations that operate in conflict zones. John Chapman, James Henderson and James Kirby—employees of Solace Global, a U.K.-based security and risk-management company—were among seven who were killed when Israeli drone strikes hit the convoy organized by World Central Kitchen, a humanitarian group founded by chef José Andrés.

Pradhan Mantri Suryodaya Yojana’ in January 2024 for the installation of rooftop solar for 1 crore (10 million) homes should provide an incremental boost to wire makers. Energised by India's robust economic growth, the wires and cable industry (40-45% of the electrical sector market) has witnessed a massive surge over the last few years. Major players have experienced significant topline and profitability gains.

Aam Aadmi Party (AAP) globally have observed a day of protest and fasting in solidarity with party chief and Delhi Chief Minister Arvind Kejriwal, who was arrested by the Enforcement Directorate in an alleged money laundering case. Kejriwal was arrested by the ED on March 21, hours after the high court refused to grant him protection from coercive action by the federal anti-money laundering agency. He is currently lodged in Delhi's Tihar jail. AAP volunteers in the US, Canada, the United Kingdom, Ireland, and Australia gathered in front of Indian embassies and popular locations on Monday to protest Kejriwal's arrest and call for his immediate release, a media release said. «Arvind Kejriwal is a symbol of hope for millions of Indians who are fighting for a more just and equitable society,» said AAP member Jeswanth Reddy from Los Angeles. «His arrest is an attack on democracy and the right to dissent. We will not be silenced.»

Bharatiya Janata Party – seeking a record third term under Prime Minister Narendra Modi in the seven-phase elections beginning April 19. The visitors are expected to observe the scale of the elections, billed as largest voting exercise in the world, and understand the ruling party’s campaign strategies, according to a report in the Indian Express. Follow Live Updates on Lok Sabha Polls 2024 Here As of now, the BJP has sent invitation to political parties of at least 25 nations who have been requested to send their representatives to witness the India’s electioneering.

Ride-hailing major Ola Cabs is set to withdraw from its three overseas markets of the UK, Australia and New Zealand by month end. As reported, the company has started sending users notifications on the service’s impending closure, with its Australian operations set to cease from 12 April.

Japan last weekend, U.S. national security adviser Jake Sullivan said on Tuesday, ahead of U.S. summits this week with the Japanese and Philippine leaders. Warships from the four nations staged the exercises on Sunday following stepped up Chinese pressure on the Philippines in the disputed strategic waterway. U.S. President Joe Biden hosts Japanese Prime Minister Fumio Kishida in Washington on Wednesday and the two and Philippines President Ferdinand Marcos will meet on Thursday for talks that will include ways to push back against China.

Check all the Eid-al-Fitr 2024 Live Updates here on LiveMint.Kerala Governor Arif Mohammed Khan and Chief Minister Pinarayi Vijayan on Tuesday extended greetings to the Muslim community in the state on the eve of Eid-ul-Fitr and wished the festival may strengthen brotherhood and compassion among the people.In a message, Khan said Eid-ul-Fitr celebrates the glory of self-restraint, sacrifice and generosity and the fast reminds us of our responsibility of creating a hunger-free and happier world."My heartiest greetings to Keralites all over the world, on the solemn occasion of Eid-ul-Fitr," he said. Invoking the plight of Palestinian natives in Gaza amid the ongoing Israeli military offensive against Hamas, British Prime Minister Rishi Sunak, while greeting the Muslims in the country and across the world on the occasion of Eid, said the bloodshed and suffering are 'unbearable'.He added that his country was doing everything it could to help bring the conflict to an end and ensure that the hostages were released.Eid-ul-Fitr, which marks the culmination of the fasting month of Ramzan, will be celebrated in the country on Thursday except Kerala, Jammu and Kashmir and Ladakh.

Flags Group, the India-focused consumer fund set up by Rakesh Kapoor, former global CEO of Reckitt Benckiser, has struck its first deal in India by investing an undisclosed amount in speciality coffee chain Blue Tokai Coffee Roasters. Kapoor confirmed the deal to ET. He, however, declined to give further details on the investment. A Blue Tokai spokesperson declined to comment. The investment by 12 Flags comes at a time when cafe chains in India are growing faster than quick service restaurants (QSRs), fuelled by younger set of consumers, aspirational demand, and menu innovation. In addition to new-age speciality coffee chains such as Blue Tokai, Third Wave and Slay, there are legacy brands such as Tata Starbucks, Costa Coffee and Barista, as well as relatively newer global entrants to India like British chain Pret a Manger and Canada's Tim Hortons, all of which are fuelling demand for cafes.

MUMBAI : To capitalize on the country’s rising equity investment trend, especially through mutual funds, IndusInd International Holdings Ltd. (IIHL), a Mauritius-based investment firm led by the Hinduja brothers, said on Tuesday it has entered into an asset management joint venture with Atlanta-based fund management group Invesco Ltd.

Binance CEO Richard Teng stated that the exchange is in talks with a few different jurisdictions about selecting a new headquarters location, but has not made a choice as of publication.

MUMBAI : IndusInd International Holdings Ltd, a Mauritius-based investment firm led by the Hinduja brothers, has agreed to acquire a 60% stake in Invesco Asset Management India Ltd to form an asset management joint venture. Other deal terms weren’t disclosed.

If the move, first reported by Bloomberg News, was to go ahead, the product would be the asset manager's first bond and would count as tier 2 capital, which is considered as supplementary capital used to meet regulatory requirements. Tier 2 capital is typically used by banks and insurers to ensure financial stability. Outgoing Schroders UK wealth head Doug Abbott: Retail LTAF will offer alternative route to private markets A Schroders spokesperson said: «We are always looking at the best way to manage and optimise our capital structure.» The spokesperson added the asset manager ...

The technology provider's ‘Investment Bond Service Review 2024' report noted advisers are recommending bonds after personal pensions and investment ISAs. Just over one third (35%) of advisers said they would recommend onshore bonds next and 19% said they would recommend international bonds. UK investors add more to North American equity funds in Q1 than over last nine years combined Last year's review found advisers were recommending an average of 2.7 different types of bonds in 2022. However, the most recent analysis found that the average fell to 1.4 in 2023. Open architecture...