Shares in home safety products company FireAngel SafetyTech (FA.:AIM) shot up 80% to 26p on Wednesday after signing a significant partnership to develop a new generation of smoke alarm. The partner is a German energy and efficiency supplier to the real estate sector which provides services to around 12 million apartments worldwide. FireAngel has agreed to supply the partner with a new ...

London’s FTSE 100 opened stronger on Wednesday, up 53 points at 6,120.72 early on as optimism that economies were recovering from the COVID-19 crisis offset concerns about rising political tensions in Hong Kong that have soured US-Sino relations. Wealth manager St James’s Place (STJ) improved 4.7% to 917.8p on news it had boosted funds under management during April, with management also ...

The pros and cons of portfolios with only a small number of holdings have come under the spotlight after ratings company Morningstar downgraded LF Lindsell Train UK Equity (B18B9X7) from Gold to Bronze. Among the reasons cited was the higher levels of stock-specific risk than most peers created by the fund’s portfolio being concentrated on just 23 stocks. The counterpoint to Morningstar’s ...

London’s FTSE 100 firms 37.4 points to 7,272 on Friday, boosted by miners which are up on hopes that the US and China are making progress with trade talks. Continued strength with oil prices is also giving the blue chip benchmark support with both BP (BP.) and Royal Dutch Shell (RDSA) ticking higher. Drugs giant AstraZeneca (AZN) cheapens 4.2% to £62.21, despite inking a $6.9bn agreement ...

Macroeconomic uncertainties, the return of volatility and political turmoil suggest diversification will prove a key investment watchword in 2019. One way in which investors can diversify portfolios is by allocating funds to UK micro caps, often agile and fast-growing minnows offering better value relative to larger caps; they fly under the radar of big institutional investors and are generally ...