Author: Charlotte

The longest (in records dating back to 1962) was five years, peak to trough, between 1975 and 1980.The Global Financial Crisis (GFC) slump was punctuated by a brief return to growth in 2009, but even if we ignore that, the market bottomed out in four years.I think the duration of the slump is more interesting than the depth this time around.Clearly, the horrible inflation-adjusted figures (which I will run through shortly) are exaggerated by the big Covid-era property spike.Low interest rates and Covid stimulus sent house prices soaring in 2021.So we should take the scale of the fall with a…

A Pembrokeshire-based community farm supporting veterans, has been awarded the Defence Employer Recognition Scheme (ERS) Silver Award 2026 for its commitment to the Armed Forces community.Redberth Croft CIC has been awarded the prestigious ERS Silver Award 2026, recognising its continued commitment to supporting veterans, service leavers, reservists and military families. The award marks another significant milestone for the CIC, which signed the Armed Forces Covenant and achieved Bronze Award status in 2025 before progressing to Silver just one year later. Redberth Croft CIC is among only 20 organisations across Wales to receive the award this year. Military veteran Daisy Coleman,…

Jim Ovia, the founder of Zenith Bank, is expanding his footprint in Nigeria’s luxury real estate market, betting that high-end property offers stronger returns than traditional banking investments. The 74-year-old billionaire, who built Zenith Bank from a $4 million startup in 1990 into Nigeria’s largest lender by market value, is developing two luxury residential towers in Lagos through his company, Quantum Luxury Properties Ltd, according to Bloomberg. The first project, Metropolitan Towers, is a 26-floor residential development where units start at $1.85 million. Ovia is also nearing completion of Quantum Luxury Towers, a 44-unit high-rise with apartments…

Bain Capital To Take Majority Stake in Global Aerospace Supplier FDH Aero Aviation International News Source link

The proposed regulation would add provisions to ensure alignment with the U.S. Treasury Department’s proposed requirements for state frameworks to be certified under the GENIUS Act, DFS said in a Tuesday (June 9) press release. “The rules and expectations that we have in New York for virtual currency companies have protected New Yorkers and facilitated a stable market,” DFS Acting Superintendent Kaitlin Asrow said in the release. “The GENIUS Act’s provisions mirror DFS’s stablecoin framework, and this proposal will ensure that the department’s regulatory regime is in full alignment with new federal requirements while maintaining our standard for protecting consumers…

Gov. Glenn Youngkin speaking at the Capital One headquarters in Tysons on Feb. 24, 2025 (staff photo by James Jarvis) While Virginia’s unemployment rate has been ticking up for months, the state’s Republican leadership contends the jobless rate is just one piece of a larger, more complex economic puzzle. “Virginia has jobs,” Gov. Glenn Youngkin said in an Aug. 19 statement accompanying the latest batch of state employment figures. “This month’s reports reflect modest payroll growth, continued positive revisions in recent months, and strong labor force demand, reinforcing the resilience of Virginia’s job market.” While Virginia had 246,000 job openings as…

RFG Advisory announced a strategic partnership with iCapital that expands access to alternative investments and structured products through RFG’s ClickONE platform. The integration is designed to provide independent financial advisors with streamlined access to private equity, private credit, hedge funds, and structured investment solutions while reducing operational complexity. The partnership comes as RFG accelerates growth among breakaway wirehouse advisors and independent firms seeking more sophisticated investment capabilities. Through a single sign-on experience within ClickONE, advisors will have unified access to a broader range of investment solutions, allowing them to spend more time serving clients and growing their businesses. The collaboration…

Capturing the full range of price volatility.© Ljupco Smokovski/stock.adobe.com; Photo illustration Encyclopædia Britannica, IncAsk an experienced trader about their biggest challenge in achieving consistent profitability, and they’ll likely talk about volatility—not just the direction of price, but how aggressively and unpredictably it moves. Volatility can shake you out of a position prematurely or cause you to risk too much in a quiet market. That’s where the average true range (ATR) indicator comes in. It doesn’t just measure how much an asset moves—it helps you recognize when volatility is outside its normal range so you can adjust your risk.Developed by technical…

The U.K.’s financial regulator, the Financial Conduct Authority (FCA), proposed allowing certain retail investment funds to hold up to 10% of their assets in cryptocurrency exchange-traded notes (ETNs).The financial regulator made the suggestion for UCITS (“Undertakings for Collective Investment in Transferable Securities”) schemes and some non-UCITS retail schemes (NURS) to invest in crypto ETNs in its latest quarterly consultation paper.UCITS and NURS are similar to mutual funds in the U.S. in that they are regulated, open-ended structures that pool money from retail investors into managed portfolios.”Our proposed 10% limit for UCITS and NURS would also mitigate the risk of significant…

Ajay’s core portfolio includes 3 schemes: a large-cap, flexi-cap, and multi-asset allocation scheme, with a small exposure to a couple of sectoral/thematic schemes. He believed he had built a well-diversified portfolio. However, one day, he compared his schemes through a mutual fund portfolio overlap tool.Index funds provide index returns, diversification, and lower costs. (iStock)He observed that the names of some companies (specifically, top large-cap companies) appeared across multiple schemes in the portfolio. The same company names were there in his large-cap, flexi-cap, and multi-asset allocation schemes, with the percentage holdings varying in each scheme.In an attempt to build a diversified…