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The Morning Briefing: UK’s post-Covid vision? Risks of investment influencers - Fintech Morning

The Morning Briefing: UK’s post-Covid vision? Risks of investment influencers

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One recurrent motto expressed during Covid-19 is to not let a crisis go to waste.

Many have already started to make bold statements about how the country can build back better.

Today it is the turn of the Confederation of British Industry to make the appeal.

It argues the economy should not return to business as usual and advocates a number of upsides that can be realised from the right reforms.

Talking a good game is one thing, actually delivering is another.

Social media has extended to all parts of life including investments but is that a good thing?

Optimists say yes as new investors are learning about finance and engaging with markets.

Pessimists counter the naive will be exploited by wily scammers and confuse investing with gambling.

Our investment editor Charlotte Richards weighs up the pros and cons.

Quote Of The Day

We are delighted to announce the successful IPO of Taylor Maritime Investments. We are greatly appreciative of the positive response received from investors, demonstrating the demand for exposure to an alternative asset class like shipping which provides strong and sustainable returns for shareholders across a portfolio transporting global essential goods. I look forward to welcoming our new shareholders and thank them for their confidence in Taylor Maritime. We also look forward to updating you on our progress in due course.

– Nicholas Lykiardopulo, chairman of Taylor Maritime Investments Limited, on its IPO today

Stat Attack

Banter and self-deprecation are mainstays of British culture yet one area of national life is hard to knock: the success of the vaccine programme.

The latest figures about how many have been vaccinated since December are astonishing.

72%

Of UK adults have received a first dose of a Covid-19 vaccine

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60.6 million

Vaccines have been administered since 8 December

37.9 million

People have received their first dose

22.6 million

People have received both doses

In Other News

Carnegie Fund Services SA (CFS), the Swiss representative and distributor of funds in Switzerland, has appointed John D. Campbell OBE as chairman of its advisory board, with immediate effect.

In this newly created role, Campbell will report to Neil Carnegie, chairman of CFS, as the business expands its capabilities via fundeye.com, its FINMA and FSMA approved global fintech platform for investors.

Campbell was previously global head of strategic clients at Aberdeen Standard Investments and formerly worked at State Street for 16 years.

He was senior managing director and lead State Street’s Global Services business across the UKMEA region.

Just Group, the FTSE 250 retirement specialist, has been named as one of the UK’s 100 best large companies to work for.

Just Group was also ranked 18th among Financial Services’ 30 Best Companies To Work For, driven by its mission to help people achieve a better later life and strong social purpose within the business.

Best Companies To Work For Lists and Best Companies Accreditation are viewed as setting the standard in workplace engagement.

U.K. Power Grids Get $425 Million for Upgrades to Meet Net Zero (Bloomberg)

Covid: Restaurants get creative in bid to plug staff shortage (BBC News).

Source:https://www.moneymarketing.co.uk/news/the-morning-briefing-uks-post-covid-vision-risks-of-investment-influencers/

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Edinson Love
https://fintechmorning.com

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