News about Brian Dennehy

In order to earn money, a mega investment trust must be trusted. The Scottish Mortgage Loan Coordination Council has divided opinion. There is no middle ground in terms of investing and specialists either loving it or hating it. City broker Winterflood's analysts recently named the trust as one of its investment picks for this year. Investors are expected to sell the trust's shares, according to their Investec counterparts. However, Slater is quick to put the latest difficulties into perspective.

The government has issued Treasury bills to finance its operations, but they have largely been restricted to wealthy investors with a minimum investment of £500,000. Retail customers will now be able to purchase 28-day Treasury bills in the Debt Management Office's weekly tender, on Freetrade's website.

When Russia invaded Ukraine, Brian Dennehy, the managing director of FundExpert, caused uproar when he suggested a 10-point strategy for investors to fundamentally restructure their portfolios. His recommendation goes against the common investment advice not to sell out as stock markets plummet. More than a year later, Brian holds that investors should be in 51% cash as the end game of a 40-year bull market plays out.

In statistics from The Pension Protection Fund, the industry lifeboat, the main causes of this massive loss of asset value - a rout equivalent to Israel or Argentina's economy - are included. It prompted experts to sound alarm bells. The news wasn't all bad. Liabilities - the net present value of future pension assurances - dropped even more than the funds of 5,1000 schemes reviewed. That meant a difference between £1 billion in pledge payments and the assets financed them showed a surplus of £377 billion.