Daily Mail Business Articles

M&G Recovery Fund manager Tom Dobell to leave after 20 years in charge

M&G Recovery Fund manager Tom Dobell to leave after 20 years in charge

M&G Recovery manager Tom Dobell to step away from struggling £1.4bn fund after 20 years in chargeOver the past ten years, the fund has returned just 6.7 per cent to investors  A value fund invests in stocks that its managers believe are undervalued in priceThis style of investing has endured a hard time with growth stocks favouredBy Harry Wise For This Is Money Published: 11:14 EDT, 17 September 2020 | Updated: 11:32 EDT, 17 September 2020

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Hut Group's share price soars on stock market debut

Hut Group's share price soars on stock market debut

The Hut Group soars 25% on stock market debut: Online shopping firm’s share price rise makes founder Matthew Moulding a billionaireBy Lucy White For The Daily Mail Published: 16:50 EDT, 16 September 2020 | Updated: 03:04 EDT, 17 September 2020

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