The Schroder Recovery Fund (B3VVG60) aims to generate capital gains superior to the FTSE All-Share Total Return Index, net of fees, over a three- to five-year horizon by investing in 'UK companies which have suffered a severe setback in either share price or profitability'.The fund was launched back in 1970 and has stood the test of time, beating its target return over one, three and 10 years and

Jefferies cuts stocks to 'hold' or 'sell'Analysts see 'recession' in officesMorgan Stanley takes a more positive viewShares in four of the UK's biggest property companies fell after analysts at investment bank Jefferies cut their recommendations on the basis office rents in the capital are headed for recession.British Land (BLND) shares eased 1.9% to 320p, Derwent London (DLN) shares were 1.6% low

- £100 million in profit expected for 2022- Leasing levels strong and rent collections improve in third quarter- Liberum says benefiting from 'return to normality'Shopping centre investor Hammerson (HMSO) has unveiled a surprisingly upbeat assessment of its prospects in its third quarter trading update.This positivity is at odds with an extremely gloomy retail backdrop, reflected in the latest fi

If you'd been keeping an eye on news from the UK commercial property market, you might be forgiven for thinking the sector was a complete basket case.Bankrupt retailers have left gaping holes on the high street, while office occupancy has been decimated by the pandemic.Meanwhile many open-ended commercial property funds suspended trading for over a year, with some ultimately shutting their doors p

Real estate firm Hammerson (HMSO) has posted a sharp increase in adjusted earnings for last year as shoppers returned to its flagship sites.The shares edged up 1% to 35p, outperforming a weak FTSE 100 which was down 1.8% at mid-morning.Hammerson, which owns and manages large shopping centres like Birmingham's Bull Ring and London's Brent Cross, has made fundamental changes to its business during t

The FTSE 100 finished the day on an up note as investors shrugged-off worries about rising interest rates, despite the more hawkish comments coming from the US Federal Reserve on Wednesday.The benchmark FTSE 100 closed roughly 1.1% higher, or about 85 point, to end the day at 7,554.31, boosted by bank stocks and a weaker pound, recovering all of the losses ran up at the start of the week.The move

Leading UK shares are defying downbeat expectations while US markets also look set to rebound a little after the Fed signalled a faster pace of rate rises on Wednesday saw US markets fall sharply. The benchmark FTSE 100 is around 0.5% in positive territory at 12.30pm on Thursday at 7506.15, but mid-caps are having a tougher time of it.The FTSE 250 is 0.6% lower at 21,745.19, dragged down by an 11%

European stock markets slumped in early dealings on Thursday as markets digested the US Federal Reserve's statement last night.Investors were unnerved after Fed chair Jay Powell signalled the US central bank could be open to more rate hikes this year than it has previously guided.US stocks fell further after the announcement and the sell-off extended to most of Asia and Europe, although the FTSE 1

The FTSE 100 finished the day on a down note, falling 48 points, or 0.7%, to 7,170.75 as consumer prices increased 5.1% in November, the highest level in more than a decade, ahead of a Bank of England meeting.'At 5.1% it's uncomfortably above most analyst's expectations and reaches the level the Bank of England had predicted for next spring,' said AJ Bell analyst Danni Hewson.But few experts predi

Major UK stocks remain in the red at lunchtime on Wednesday as investors digest the fastest growth in the cost of living in Britain since 2008. 'At 5.1% it's uncomfortably above most analyst's expectations and reaches the level the Bank of England had predicted for next spring,' said AJ Bell analyst Danni Hewson.However, it seems unlikely the Bank will move on rates tomorrow as the UK looks ahead

UK stocks edged lower on Wednesday after the latest UK inflation reading came in higher than expected, stoking concerns that interest rates might rise, with the FTSE 100 off 0.19% at 7,205.20 early on.The UK consumer price index rose by 5.1% in November, above expectations for a 4.8% increase and marking the highest annual increase in a decade, putting renewed pressure on the Bank of England to ta

Our latest review of the best and worst earnings revisions across the FTSE 350 throws up a few surprises in terms of sectors and individual stocks, particularly in the light of their relative performance.There are three distinct clusters of winners, split between investment, real estate and consumer discretionary companies.Among the investment companies, Molten Ventures (GROW) - previously known a

Major UK stocks finished the day marginally lower on Thursday after the Bank of England warned of a potential tightening in the face of rising inflation sending the pound higher.At the close, the UK benchmark index was 3.43 points, or 0.05%, lower at 7,120.43, below the day's peak of 7,130.35 but above the session low of 7,099.03.The more domestically focused FTSE 250 enjoyed a strong day, rallyin

Major UK stocks dipped into the red amid some mixed data out today and the announcement that the Bank of England monetary policy committee left interest rates unchanged as widely predicted, with no new dissenters among the panel.At 12.30pm, the benchmark FTSE 100 fell back into the red having spent the morning flip-flopping modestly above and below today's starting point, easing around 0.2% to 7,1

The FTSE 100 dipped slightly on Thursday morning, although it remained above the 7,000 level at 7,118.3, following the UK's easing of travel restrictions for some destinations including France, which will see less people being forced to quarantine on their return to the UK.Strength in utilities and real estate was offset by weakness in miners and consumer non-cyclicals as investors waited for the

A weak start to trading in the US, amid suggestions from central banks about a tightening of monetary policy, helped put the FTSE 100 firmly on the back foot on Thursday afternoon.By the market close, the blue chip benchmark was down 1.1% at 7,012.02 points, with tech names in the US dragging down the Nasdaq index by 0.4% to 14,585.31 as of 4.30pm UK time.Heavyweight oil firms BP (BP.) and Royal D

London's FTSE 100 traded 0.7% lower at 7,044.16 by lunchtime on Thursday with heavyweight oil firms BP (BP.) and Royal Dutch Shell (RDSB) in the red amid a slump in crude prices as OPEC reached a compromise on increasing production.A steady rise in inflation coupled with higher local coronavirus infections also stoked concerns of slowing the pace of economic recovery.Mid-caps were also weaker by n

Major UK stocks e FTSE 100 made a quiet start to trading on Thursday as inflation fears kept a lid on equity markets. The FTSE 100 was largely flat at 9am as heavyweight energy stocks tracked weak oil prices, while a steady rise in inflation coupled with higher local coronavirus infections stoked concerns of slowing the pace of economic recovery.The benchmark index was 0.02% higher at 7,092.77 wit

Shopping centre landlord Hammerson (HMSO) fell 5.2% to 36p despite encouraging recent footfall following England's reopening on 12 April as it collected less than half of the rent due for the first half of 2021.Overall, rental collection rates stood at 46%, encompassing 48% in the UK, 28% in France and 34% in Ireland.The figures show how Hammerson has been rocked by the pandemic - which accelerate

UK stocks ended Monday's session in the red as the reopening of shops and pubs across the UK failed to generate much of a market reaction.Caution prevailed as many investors decided to hold off on any big decisions as first quarter earnings season picks up pace in the US.'UK markets have remained pretty subdued as they seemed to have priced in today's lockdown easing exuberance,' explained Danni H