Author: Jordan

“Professional landlords are still buying because at this moment in time there’s a bit of uncertainty in the market – they’re able to pick up some houses which they can see there’s value in,” he said. “But the issue is nobody’s really buying family homes or converting houses into HMOs because of the rental yield. Landlords who were buying and helping the private rental sector have slowed up buying because they’re being taxed to death.” Murphy argued the consequences extend beyond the investment market. “You’re creating a high tax environment which always throughout history creates a low growth environment –…

●        One of India’s widest currency portfolios on a prepaid forex card  ●        Reinforces focus on secure, seamless and digital-first payments for global travel Mumbai : As Indian travellers become increasingly global and digitally adept, expectations around overseas payments are evolving rapidly. Convenience, security and speed have become central considerations, particularly amid shorter booking cycles and a growing preference for cash‑light travel. Today’s global Indian traveller seeks secure, transparent and seamless payment solutions that work                                      effortlessly across destinations. Responding to these shifts, Thomas Cook (India) Limited – India’s leading omnichannel foreign exchange services company, has announced a significant expansion of…

Anton OrlichThe California Public Employees’ Retirement System announced Thursday that it will promote Anton Orlich to oversee the pension funds alternative investments in the role of deputy CIO for private markets, after serving as the pension fund’s director of private equity since 2022. Orlich succeeds Daniel Booth, who stepped down from his role in October 2025. Orlich will oversee all of CalPERS alternative investment programs, including private equity, private credit, real estate, infrastructure and other programs. Additionally, to lead the fund’s transition to a total portfolio approach, CalPERS has tapped Derek Walker, head of research and total fund management at…

The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started. The benchmark 30-year fixed rate mortgage rate rose to 6.52% from 6.48% last week, mortgage buyer Freddie Mac said Thursday. Despite the increase, the average rate remains below 6.84%, where it was a year ago. Borrowing costs on 15-year fixed-rate mortgages, often sought by borrowers refinancing a home loan, also rose this week. That average rate climbed to 5.84% from 5.79% last…

The Chartered Institute of Public Finance and Accountancy (CIPFA) carried out an independent review of the council’s finances, with its findings being made public before a meeting of its audit committee on May 28. The report identified numerous concerns around the council’s leadership and organisational culture, branding its financial management “weak” and awarding the council one out of a possible five stars. The Conservatives (which make up the official opposition) have lambasted the council, slamming it for not proceeding with its transformation programme more rapidly and staying they would be “cleaning up the Liberal Democrats’ financial mess” after next year’s…

Fund structures Before looking at specific fund wrappers and regulatory structures, it’s important to understand the different ways a private markets or alternatives fund can be structured. There are capital call and fully funded models, and also closed-ended or open-ended models; when the fund has no closing date, it is referred to as “evergreen”. Closed-ended: Essentially, investors commit capital to a fund, from which the GP (GP refers to a general partner, who manages the private markets fund) draws over time and invests for a fixed number of years before finally returning capital and returns to investors. The process of…

If you’re looking for one of the fastest-growing stocks on the market, look no further than Nebius Group (NASDAQ: NBIS). Nebius is a neocloud company specializing in cloud computing, specifically designed for artificial intelligence (AI) workloads and training. Given the massive demand for AI, this is a great industry to be in. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue » Nebius recently reported an absolute…

India’s Yes Bank says it is investigating thousands of unauthorised overseas transactions on Indian customer’s foreign exchange cards that inflicted losses of about $280,000 on 5000 customers.   The private banking institution responded to multiple customer complaints over unauthorised transactions on their Multi-Currency Prepaid Forex Cards, which the bank issued in partnership with BookMyForex, an Indian online marketplace for foreign exchange and international money transfers.   The Multi-Currency Prepaid Forex Card is a prepaid travel card that lets users carry out transactions in over a dozen countries in local currencies without paying any mark up fees, issuance, reloading, unloading or…

Post written by contributor Caitlin Deeley In this debut short story collection, we have eleven twisted tales ranging from a cruise ship at the end of the world to a story of love gone wrong. C.J. Tudor takes us on a journey into her dark world – a journey that readers will very much enjoy! All the stories have their own little introduction by the author, which added that extra depth to them and it was interesting to see the inspiration and ideas that sparked these tales. Now, let’s talk more about each of the stories… End of the Liner…

Paragon Bank has launched a Tailored service to support buy-to-let mortgage applications that fall outside its standard lending criteria. The service is designed to give brokers a route for more complex landlord cases, reflecting the increasingly varied nature of buy-to-let portfolios and ownership structures. Paragon said Tailored may be suitable for landlords seeking higher loan amounts, those with larger or more complex portfolios and cases involving non-standard ownership structures, including trusts or trading companies. It can also support landlords with varied tenant types, applications outside typical age parameters and those with limited experience in the sector. Applications will be reviewed…