Image source: Getty Images Baillie Gifford is best known for the Scottish Mortgage Investment Trust. However, it also operates many other trusts, including Edinburgh Worldwide Investment Trust (LSE:EWI). Edinburgh Worldwide is a volatile, FTSE 250-listed investment trust with significant holdings in SpaceX, quantum, and disruptive stocks. Let’s take a closer look. A concentrated portfolio Edinburgh Worldwide has a high-conviction approach, with a relatively concentrated portfolio — its top 10 holdings account for 46.2% of assets. The trust’s largest exposure is to SpaceX, representing 13.6% of the portfolio. SpaceX’s valuation has surged in recent years, driven by its dominance in the…
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Image source: Getty Images Successful passive income investing requires more than just picking high-yield stocks. On the London stock market, the FTSE 100 and FTSE 250 provide many opportunities to make a winning second income. But focusing solely on a dividend yield can be risky. Dividend growth stocks can offer more stability than shares with higher yields. They are often a signal of strong financial foundations. They provide inflation protection and they can provide superior overall returns through a combination of dividend income and capital appreciation. Over the long term they can be far better ways for investors to grow…
Image source: Getty Images The US election took place on 5 November 2024, and, as we all know, was won by Elon Musk ally Donald Trump. £10,000 invested in Tesla (NASDAQ:TSLA) stock two weeks before Trump’s election would now be worth £12,723, representing a significant 27% increase in value over the past five months. The pound is pretty much flat against the dollar over the period, so there’s no need to factor in exchange rate fluctuations. What’s been going on? Despite the gains over the period, it’s been a roller-coaster ride for shareholders. Initially, the stock jumped following Donald Trump’s victory in…
Image source: Getty Images Lloyds’ (LSE: LLOY) share price has risen 47% from its 16 April one-year traded low of 49p. This may be off-putting to some investors who think it cannot possibly rise much more any time soon. Others may see it as a sign of unstoppable bullish momentum and look to jump on the buying bandwagon. My view as a former investment bank trader and longtime private investor is neither approach is helpful in choosing stocks. The primary concern for me regarding a share’s price is whether there is any value in it. Is there value left in…
Image source: Getty Images Over time, investing in a Stocks and Shares ISA instead of a general investment account can substantially enhance returns by shielding gains from punishing taxes. To give you a flavour, the estimated tax relief cost to the exchequer from all ISA products (including Cash ISAs) came to £3.8bn in 2020-2021. The amount’s likely to be much higher today too, as ISA uptake has since increased. Boosted by these tax savings, here’s how someone with £500 to invest each month could unlock a substantial passive income for retirement. Please note that tax treatment depends on the individual…
European markets are expected to open in negative territory Tuesday amid uncertainty over the scope and breadth of U.S. President Donald Trump’s trade tariffs.The U.K.’s FTSE 100 index is expected to open 23 points lower at 8,617, Germany’s DAX down 50 points at 22,804, France’s CAC 11 points lower at 8,009 and Italy’s FTSE MIB 78 points lower at 38,207, according to data from IG. Earnings come from Kingfisher and Smiths Group. On the data front, Germany’s Ifo Institute releases its latest business climate survey. Asia-Pacific markets traded mixed overnight as investors assessed Trump’s tariff threats while U.S. futures edged down marginally after the…
Mitsubishi Corporation announced it has signed a partnership agreement with Alt Carbon, a company specialising in carbon dioxide removal, to develop the industrial deployment of a method based on Enhanced Rock Weathering (ERW) in South Asia. The collaboration aims to produce high-quality, durable and traceable carbon removal credits, responding to growing market demand. Alt Carbon utilises a technology based on the ERW process, which involves spreading crushed basalt rock over agricultural land. The contact between the rock and rainwater triggers a natural chemical reaction that captures atmospheric CO2 and stores it as dissolved carbon in the soil. This carbon is…
Image source: Getty Images It’s been a torrid few years for shareholders of Oxford Nanopore Technologies (LSE: ONT). Since the biotech company listed on the UK stock market in late 2021, its share price has crashed by more than 80%. This is sad to see as the FTSE 250 firm’s founders had ambitions to build a homegrown British giant in the healthcare space. The sharp fall means Oxford Nanopore’s market cap now stands at just under £1bn — hardly the status of a giant! Acquisition target For those unfamiliar, Oxford Nanopore’s devices enable gene sequencing on handheld devices. It pioneered…
By Michael S. Derby (Reuters) -The Federal Reserve appears to be on the threshold of ending a historic streak of losses, which in turn could get it back on track to returning cash to the Treasury somewhere down the line, analysts at Morgan Stanley said in a note on Monday. At issue is the relationship between how the Fed makes money to fund its operations and the cash it pays as part of the system to maintain control over short-term interest rates. Aggressive rate rises starting three years ago tipped Fed books deeply into the red and now, with short-term…
Share Price of Ditto (Thailand) Public Company Limited (SET: DITTO) at the time of 12.00 is at THB 11.90, a THB 0.20 or 1.71% increased, with a total trading value of 14.63 million. Chaithad Kulchokwanich, Deputy Chief Financial Officer of DITTO, announced that the company is currently in talks with several potential partners interested in participating in its forestation projects for carbon credits. The company is aiming to partner with listed companies in the oil and gas sector, which remain unnamed due to non-disclosure agreements (NDAs). Chaithad explained that the company’s potential partners are assessing their organization’s carbon footprint to…