In a year in which ‘quality growth’ stocks stretched their outperformance over ‘value’ stocks, notwithstanding a late bounce-back in the latter on the announcement of a Covid vaccine, it seems odd that UK investors should have overlooked the legal sector. As it is, most legal services and related stocks registered double-digit percentage losses last year with many underperforming the ...

Shares in litigation finance provider Burford Capital (BUR:AIM) leapt 16% to 726p on Thursday, taking gains for the week to almost 23%, after the firm reported ‘significant realisations’ and cash receipts for the half-year to June. Burford-only realisations rose 40% to $478 million, well above market expectations, while group-wide realisations rose 32% to $820 million. Notably, there was ...

While no firm wants to be seen publicly to be ‘having a good crisis’, given the gravity of the threat to the economy and public health from coronavirus, the fact is some firms are doing rather well despite, or in some cases as a result of, the pandemic. Some have been in the right place at the right time – think of healthcare, sanitation and hygiene firms – while others have been less ...

Shares in litigation finance firm Burford Capital (BUR:AIM) are flying high, up 15% to £14.98 after the firm announced that it had secured funding for $1.6bn (£1.25bn) in new investments. The money is coming from three sources: an unnamed sovereign wealth fund (SWF), a new private investment fund and Burford’s own reserves. To begin with Burford has formed a strategic relationship with ...