Simon Lambert

Seraphim Space Investment Trust's Mark Boggett joined me for an Investing Show interview that I very much enjoyed. A hot topic, that's very interesting and some real gems here from Mark on what it was like getting Seraphim started. thisismoney.co.uk/money/investin…

Can you turn £500 into £10,000 fast on the stock market? Everything I know says this is a bad investment aim but I'm taking part in our race to £10K to see how I fare against crypto, antiques, fashion reselling, sports betting... and a monkey with a pin dailymail.co.uk/money/investin…

The Dividend Heroes list is out from @AICPRESS and this year we've gone with... Geoffrey Boycott and Dustin Hoffman. Read it here to find out why thisismoney.co.uk/money/isainves…

Bravo, Mia Brookes. So close to the podium. Fantastic effort but what really counts is Mia’s got style to spare and is in it for the love of snowboarding.

@MarkDampier 100% agree, Mark. Student loan interest is scandalous. A generation has been sold a very bad deal that most didn’t understand they were signing up to.

I thought you would be interested in this story from The Times: Ex-education secretary calls for cut in 'horrendous' student loan interest. This has surely been true for years. Utterly disgraceful rate for our youngesters to pay… thetimes.com/article/db976f…

Should I say thanks for the memories - and the good returns in years gone by - and wave goodbye to Fundsmith and Finsbury Growth & Income? My column on Terry Smith and Nick Train - the reader comments are interesting thisismoney.co.uk/money/diyinves…

@John_Stepek We want it this month (he says, sending market crashing)

@_simonlambert That's just another 20% year away... where's yer ambition?!

Don your FTSE 10.1k bowler hat, the UK's blue-chip index is on a roll. Can the smaller stocks catch up? I look at the glass half-full case for Britain in today's somewhat cheery newsletter bloomberg.com/news/newslette…

@DanNeidle Very interesting thread, Dan. Nice one.

“Property guru” Samuel Leeds sells expensive courses using viral videos promoting tax “loopholes”. He claims to have used one himself. Our analysis shows it doesn’t work. And if he really used it, he owes HMRC a substantial amount of tax. Thread 🧵

And yet according to the Government, it's all fine and pubs have got a fair deal from the Budget...

Or watch the Investing Show here on This is Money's YouTube youtube.com/watch?v=sKkm6z…

The world's most overlooked market? Baillie Gifford Shin Nippon's Brian Lum discusses cheap Japanese small cap growth stocks on the latest Investing Show thisismoney.co.uk/money/investin…

How to invest in the world's best companies... that aren't Nvidia. Some interesting thoughts on dodging bubbles on the latest Investing Show interview youtube.com/watch?v=AMZTqX…

How do you solve a problem like the 60% tax trap that's now catching 1.5million workers and dragging the economy down? thisismoney.co.uk/money/tax/arti…

@landlord_secret I've got until September, as I wrote in the column. I aim to sort it asap and if five-year fix mortgage rates get to 3.5% by September and I can jump ship, I'll be happy

@_simonlambert So true: 'expectation that rates may not fall by much because Trump is US president to rates may fall substantially… because Trump is US president' just pulled trigger on 3.93% 5 year fix. Was hanging on as deal expires 30/6, but who knows...

Short-term savings bonuses have sparked cash Isa madness. My column on working out the real best rates and how to take advantage of the shenanigans thisismoney.co.uk/money/saving/a…

The bitcoin holding company that wants to be the UK stock market's Microstrategy. @harveydorset9 spoke to Andrew Webley about his bold plans - whatever your view on crypto (and remember it's very high risk) this is interesting. thisismoney.co.uk/money/crypto/a…

@boazweinstein Boaz, do you have link to the Hedge Week story? Those aren't the words we published. As you can see they are different. This is the story - it is worded differently to the copy you pasted. thisismoney.co.uk/money/markets/…

@_simonlambert It appeared in Hedge Week. Woodford’s problems were not in liquid public securities which is what Schroeders owns!

Thanks @_simonlambert - now that I have your attention, why don’t you tell all of us the last time a UK open ended fund with public equities gated its investors. Not to mention that a 204mm fund is too small for your theory to be anything but science fiction. Glad to have the dialog open at last with @thisismoney

@boazweinstein @thisismoney Hi Boaz, can you send me the link to the story, please. The version I'm reading of what you are referring to is slightly different. On your point though, you could always sell out of a closed ended fund, albeit potentially at a heavy discount, but can get gated in open ended.

So @thisismoney continuing journalistic malpractice. Can someone explain a world where the second sentence is true? They claim in some worlds it’s easier to in a falling market sell closed end funds than open ended funds. 👀 “The £204m investment trust, which holds stakes in companies such as butcher Cranswick and defence firm Babcock, was targeted last month when Saba Capital proposed converting the fund from a closed-ended to an open-ended structure. The hedge fund’s move, had it been successful, could have made it more difficult for investors to sell their shares during periods of heavy redemptions. Although the board ruled Saba’s proposal invalid, the trust has now introduced a range of measures to enhance investor appeal, including: lower management fees to improve cost efficiency; a triennial continuation vote, giving shareholders the opportunity to decide on the trust’s future every three years; and increased share buybacks to help prevent shares from trading at a significant discount to net asset value. Despite the timing of these changes, a spokesperson for the trust denied they were the result of negotiations with Saba Capital. Saba Capital’s attempt to force structural change at Schroder UK Mid Cap was part of a broader activist campaign by Weinstein. In December, the hedge fund manager sought to remove the leadership of seven UK investment trusts and replace them with himself and his allies. However, those efforts ultimately failed.”