Morgan Stanley is sounding the alarm on a popular investment portfolio. The bank is warning investors that the annual return on a traditional portfolio made up of 60% stocks and 40% bonds could fall to 2.8% over the decade, a near-century low and roughly half of the average over the last 20 years. The figure is … Read more
Monday’s stock market rout left two of the most popular ETPs, which investors use to benefit from calm rather than volatile conditions, facing potential liquidation, market participants said. The VelocityShares Daily Inverse VIX Short-Term ETN sank 84 percent in after-hours trading, while the ProShares Short VIX Short-Term Futures ETF fell nearly 79 percent as investors … Read more
Modern slavery at UK Traveller site may be tip of iceberg, warns judge Timothy Spencer QC, sentencing 11 people from one family, says such abuse could be happening nationwide on ‘shocking scale’ An aerial photo of the Drinsey Nook Traveller site in Lincolnshire, where 18 modern slavery victims were kept. Photograph: Lincolnshire police/PA Josh Halliday North … Read more