Author: Jordan

Foundation has announced a series of enhancements to its proposition, including reintroducing its F1 pound-for-pound remortgage-only product and reducing rates across residential and buy-to-let product transfers. As part of the update, Foundation has relaunched its F1 pound-for-pound remortgage two-year fixed 75% LTV product, available at 3.99% with a 4% fee. The product also includes a free standard valuation and no application fee. As there is no additional borrowing on this product, affordability is assessed at pay rate with an ICR for all applicants of 125%. The pound-for-pound product has been designed to offer a shorter term refinancing option…

Verified AI Gold EA Performance: What Independent Testing Reveals About XAUUSD Automation in Live Market ConditionsIndependent third-party testing has revealed that, while AI-powered Gold Expert Advisors can deliver a consistent edge, the real-world execution tends to diverge from backtest results due to factors like market slippage, broker latencies and XAUUSD’s inherent volatility.The appeal of automated wealth generation in the financial markets has soared to record highs, particularly within the foreign exchange and commodities sectors. Automated trading has completely taken over the industry over the past several years, with some reports claiming a percentage as high as 90% of the daily…

Young Europeans face a tough financial reality. High rents, expensive housing and rising living costs make it harder for many people under the age of 35 to save, invest or buy their first home. In some countries, stronger wages, affordable housing or family support help younger households accumulate wealth sooner. In others, limited job opportunities and heavy housing costs leave many with little more than modest savings. So where are Europe’s wealthiest young people? And how much wealth do 16 to 34 year-olds hold? The median net wealth of people aged 16 to 34 in the euro area is €24,600,…

The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal – some are struggling with slowing growth, declining margins, or increased competition. Even among blue-chip stocks, not all investments are created equal – which is why we built StockStory to help you navigate the market. That said, here is one S&P 500 stock that could deliver good returns and two that could be in trouble. Two Stocks to Sell: FactSet (FDS) Market Cap: $8.62 billion Founded in…

LendInvest Mortgages has announced a 10 basis point rate cut across its two and five-year fixed rate buy-to-let products. The lender’s lowest rates now start at 3.74%. These rate reductions follow the lender’s recently launched suite of semi-commercial buy-to-let products, allowing professional property investors to further diversify their property portfolios through mixed-use properties. Rod McPherson, head of distribution at LendInvest, said: “We’re really pleased to give our brokers and their clients some extra financial headroom with this 10bps rate cut. As the UK property market finds its stride and continues to stabilise, we intend to keep looking for…

While semiliquid private credit funds continue to dominate headlines after experiencing heightened redemption requests over the past several quarters, industry insiders predict the trend will eventually spread to the private equity sector. However, they don’t view it as a bad thing, noting instead that individual investors will come to better understand how semiliquid funds work and that the “limited liquidity” warning that comes with these vehicles means just that. The first signs that private equity semiliquid funds might be facing a redemption challenge of their own came in early June, when Switzerland-based asset manager Partners Group reported it had to limit redemptions…

The Karnataka High Court on Wednesday dismissed two petitions filed by six people seeking to cancel an FIR registered in Bengaluru against them under the Unlawful Activities (Prevention) Act for allegedly channelling over Rs 92.55 crore in illegal foreign funds to India, with a portion claimed to have reached Maoist-affected areas in Chhattisgarh and Assam.Justice M Nagaprasanna said in his order, “One of the gravest threats to National security in the present times is the clandestine funding of extremism. Funding, therefore, becomes the oxygen that enables extremist movements to survive and proliferate.”Dismissing the petitions, the single-judge bench emphasised that the…

Choosing the right investment avenue is one of the most important decisions in long-term wealth creation. Many investors often grapple with whether to invest directly in stocks or opt for mutual funds through a Systematic Investment Plan (SIP). While both approaches can build wealth over time, they differ significantly in terms of risk, return potential, diversification and the level of involvement required from investors. Understanding these differences can help individuals make more informed decisions aligned with their financial goals and risk appetite.This question was recently raised by a viewer on The Money Show on ET Now. Aditya Shah, founder of…

Glenmark Specialty S.A., a wholly owned subsidiary of Glenmark Pharmaceuticals Ltd., has announced the advancement of its multi-country Phase 3 clinical trial of Trastuzumab rezetecan (SHR‑A1811), a HER2‑targeted antibody–drug conjugate (ADC), in patients with platinum‑resistant ovarian cancer (PROC). The pivotal study is part of Glenmark’s broader strategy to build a differentiated global oncology portfolio focused on hard‑to‑treat cancers with limited therapeutic options. India will be the first of Glenmark’s licensed markets to initiate patient enrolment for the Phase 3 trial, following approval from the Drugs Controller General of India (DCGI). Glenmark also plans to enrol patients in Australia and South…

YBS Commercial Mortgages is reducing rates on its fast-track buy-to-let range from today, alongside cuts to its specialist products for large Multi-Unit Freehold Blocks and its owner-occupied, commercial investment and semi-commercial ranges. The commercial lender is cutting rates by 0.15% on its fast-track buy-to-let range, which offers a faster, more focused process and discounted rates for straightforward, low-risk buy-to-let cases from experienced portfolio landlords. A five-year fix for landlords with low-risk buy-to-let cases who fit the fast-track category now stands at 5.00%, down from 5.15%, up to 65% LTV with a 2% fee. Rates are also reduced by…