Investment

Acorns finalises plans to offer individual stock trades:

Although, investing in individual stocks can increase the levels of uncertainty , it also lets them have various stocks to invest in and maintain their diversity. This online investing application helps retail investors organise and prepare for their long term retirement goals. The CEO believes by selling single equities and building customised portfolios, and not charging commission the application may evolve into a virtual financial consultancy. The company plans to recommend individuals invest 10% of their money in stocks and 90% in Acorns offerings.  — Will you be

Property Consulting

New law: Property requires notification to identify whether it is in the 100 year floodplain [U.S.A]

A new law routing from HB 531, was put in place from the new year. This notice means that sellers must indicate, by using the Federal Emergency Management flood map, whether the unit that is being sold is located within a 100 year floodplain. This is so renters and buyers can purchase flood insurance , this is necessary as renters insurance or home insurance does not cover this. The director of marketing communications for the ITEX group  said : “ ..transformational experiences for our tenants, starting with transparency and preparedness.” —-- Do you think it should b

Property Consulting

Predictions for the property market 2022:

After the uproar over the Omicron variant there has been a big discussion upon predictions for the property market this year. Many experts are speculating various factors and potential difficulties facing the property sector. Post lockdown in 2020, the demand in the UK for property rapidly increased, particularly those with access to outside areas. The demand has remained the same ever since. Although the demand for properties remains high, the new build sector is struggling due to supply shortages of materials and staff due to illnesses and time being spent in quarantin

Investment

Fidelity : 60% closet tracker threshold ‘ too stringent’

Based upon a recent research paper conducted by Fidelity International, show that funds labelled as closet trackers due to their low numbers of active shares means that index concentration can distort the results. Any fund or managerial account not presenting a 60 percent level of activeness has been labelled a ‘closet tracker’.  It is suggested that below this it may become more difficult to outperform the benchmark of net charges. To test whether this theory is valid analysts created similar portfolios to see whether this figure was sensible in all circumstances. The

Investment

Credit Suisse ordered to pay former brokers about $10million:

Prior to the Christmas period  FINRA ( the Financial Industry Regulatory Authority Inc) demanded Credit Suisse to pay seven of their ex- brokers approximately six and a half million dollars in ‘damages, costs, attorney fees’ in a case from 2015. The brokers involved in these cases went to other firms e.g Morgan Stanley and UBS.  The company is arguing that no broker is entitled to request twice the amount of money for recovery which has already been paid by the firms they work for. Credit Suisse are not required to pay deferred compensation for resignation but do if the

Property Consulting

Government eco red tape will wipe thousands off house prices:

There is an upcoming ‘eco red tape’ this could mean for several people who could be buying properties that could potentially rapidly fall in value. The government is setting net zero targets meaning buyers in the near future could be liable for thousands of money for energy efficiency upgrades. Once these targets are introduced the value of homes with lower EPC ratings will immediately depreciate. The problem with this is that there are a very low number of people that ask to see the EPC ratings of houses prior to buying.  ___ Do you think the eco red tape is a good i

Investment

U.K fintech investment surge after regulation refresh:

Fintech companies are those dealing with the ‘crossover space’ between finance and technology. Recently, there have been regulation changes for 2022 and investors are now looking to profit off of these.  In 2021, $24.3 billion was invested across Europe and over half of this was from the U.K.  The rapid increase in funding will boost the investment sector as new measures are imposed.  ____________ Will you be capitalising from U.K’s lead in the fintech sector in 2022? UK fintech investment surges after regulation refresh (cityam.com)

Property Consulting

Wandsworth sees the largest volume of £1 million property transaction as buyers desire space:

Wandsworth has been noted to be over 1/10 of the large transactions which had taken place last year out of a net of approximately 6000 transactions between £1m and £3m across London itself. This is seen to be the case, due to the fact that there is a bigger proportion of larger family homes and access to green spaces, following the restrictions imposed by the pandemic. This rise in demand for space has led to the regeneration of many areas and thus availability of new housing is increasing near the city.  _____ Would you move to the buzzing hub for a good price? Wandswo

Investment

Vanguard website outage underlines dangers of online investing:

The Vanguard Group Inc. website was not operating as per the norm nearly an entire week last week, potentially hindering  thousands of customers from accessing year-end investment reports online. This displayed the need for companies to invest in robust customer service teams capable of dealing with high demand when technology fails. Customers of the $8 trillion mutual fund weren’t able to download documents of key statements, confirmations and tax forms needed for end-of-year accounting. Delaying the efficiency of the businesses, increasing the workload for an already ti

Property Consulting

Multifamily properties slated to be hot commodities in 2022:

Owners of multifamily properties are set for a record breaking 2022. Higher prices of single owned homes and lower numbers of properties available mean that many are turning to rental. Due to the fact that multifamily properties values are usually grounded upon net operating income (NOI) the value of the ‘assets’ will rise naturally. Buyers who purchase properties at the start of the year will be able to take advantage of the NOI and those who already own multifamily properties will see lower vacancies in their homes.  Will you be investing in a multifamily property thi