Author: Jordan

New research from Wealth Club, a UK non-advised investment service for high net worth individuals, shows that UK private markets fund managers are boosting personal private markets investment. UK private markets fund managers are increasingly backing the sector with plans to boost the level of their personal investments in private markets, according to new research from Wealth Club. The study across the private equity, private credit, real estate and infrastructure sectors found that managers invest on average 12 per cent of their wealth excluding property, VCTs, and the enterprise investment scheme (EIS) in private markets. Around one…

When you are approaching the end of your initial rate period/deal period, it is vital to investigate a buy to let remortgage, to avoid significant increases in costs, to optimise the terms of your next deal to any changes in your needs and circumstances, or to grow your portfolio.Remortgaging typically saves you moneyWhen you are borrowing on a like for like basis (i.e. you are not increasing the loan amount) remortgaging will typically save you money.At the end of the deal period of your mortgage, the monthly mortgage cost will start to be calculated based on your lenders reversion rate.…

The Mortgage Works is cutting buy-to-let switcher rates by up to 0.25 percentage points across selected products for existing customers, with the new rates taking effect from 27 June. The reductions cover both standard and limited company buy-to-let products. Among the changes, a five-year fixed rate BTL product drops to 4.44%, carrying a £1,495 fee and available up to 65% LTV, down 0.15 percentage points. A two-year fixed rate BTL product, available fee-free up to 65% LTV, falls to 4.89%, a reduction of 0.10 percentage points. The largest cut applies to a two-year fixed rate limited company BTL…

Traders await key U.S. jobs data for clues on the Federal Reserve’s next move Gold prices moved lower on Monday as higher oil prices following recent U.S.-Iran military developments in the Gulf reinforced inflation concerns and strengthened expectations that the U.S. Federal Reserve will continue tightening monetary policy. The precious metal, which typically benefits during periods of geopolitical uncertainty, came under pressure as investors increasingly focused on the prospect of higher interest rates, which reduce the appeal of non-yielding assets such as gold. Similar price action has been observed during previous periods of elevated energy prices, when inflation expectations shifted…

If you were born on June 29, your tarot cards reveal a year of emotional wisdom, financial stability, intuitive growth, meaningful partnerships, and quietly building a life that reflects your true values. This is a year to trust your instincts, strengthen your foundations, and focus on long-term success rather than quick results.Birthday Horoscope (Canva)Overall EnergyThe Queen of Pentacles sets the tone for a year centred on stability, abundance, and creating lasting security. Whether through your career, finances, home, or personal goals, you’ll be motivated to build something that continues to support you well into the future. This card also reminds…

DENMARK – purchased 61,393 shares during week 26 of its ongoing share repurchase program, according to a press release statement. The transactions occurred between June 22 and June 26, with an average purchase price of DKK 945.71 per share, totaling approximately DKK 58.0 million for the week. Daily purchases ranged from 11,726 shares on June 25 to 12,502 shares on June 26. The average daily purchase price varied from DKK 937.02 on June 24 to DKK 956.84 on June 22. The share repurchase program commenced on February 5, 2026, and runs until January 29, 2027. The bank plans to acquire…

James Straw and Alex Reid (image credit: Mather Jamie) East Midlands land development and property consultancy Mather Jamie has strengthened its commercial property offering with the appointment of an associate director and head of commercial valuations and professional services. James Straw joins with more than ten years of experience in the property sector and a strong track record in commercial valuation and professional services.  In his new role, he will lead the firm’s commercial valuations and professional services department, advising clients on a range of matters including commercial valuations, rent reviews, lease renewals, expert witness instructions, investment acquisitions and disposals,…

More than one in three central banks globally plan to increase their allocations to gold over the next three years, despite a fall in prices this year.According to research from investment firm Invesco, central banks will continue to expand their gold holdings, with 33 per cent of monetary authorities intending to grow allocations by 2029.Want to continue reading The Banker?Benefit from expert analysis, exclusive data and rankings, clear insight into innovation, regulation and strategy, and the context you need to stay ahead of critical developments in global finance.View your subscription options Source link

Buy-to-let market update BM Solutions – has decreased selected buy-to-let and let-to-buy fixed rates by up to 0.12 per cent. At the same time, they have also reduced their limited company buy-to-let products by up to 0.14 per cent. The Mortgage Works – has decreased buy-to-let rates by up to 0.2 per cent on a selection of fixed rates. The lender’s one-year fixed rate purchase and remortgage deal with a 2 per cent lender fee and available up to 75 per cent loan to value (LTV) is priced at 2.29 per cent, a decrease of 0.2 per cent. Its two-year…

The DAX ended Friday with a 1.29% drop to 24,671, sending the index below all three of its major moving averages in a broad-based risk-off session that saw 28 of its 40 members close in the red. The decline was driven by a dual blow from US tech weakness and a heavy selloff in cyclical names, while defensive stocks and SAP provided only a partial buffer. Zalando was the biggest loser, tumbling 6.32% to €24.92 as the BaFin continues to review the company’s fiscal 2024 accounts. Siemens Energy sank 5.84% to €153.92, becoming the most traded DAX stock with €534…