Reeves Plans Rule Change to Create Own-Cover UK Insurance Market
The UK government is planning to announce rule changes to help create a potential new insurance market worth billions of pounds as part of a drive to boost competitiveness.
Chancellor of the Exchequer Rachel Reeves is expected to lay out plans for a captive insurance regime in the UK around her Mansion House speech on July 15, according to people familiar with the matter. It follows a consultation kicked off by the Labour government last year on captive insurers, which are entities set up by companies or public institutions to provide their own insurance.
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Yahoo
31 minutes ago
- Yahoo
Taiwan Semiconductor Manufacturing Company Limited (TSM) Fell in Q1 Due to Concerns in AI Semis Landscape
Hardman Johnston Global Advisors, an investment management company, released its 'Hardman Johnston Global Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.43%, net of fees, in the quarter compared to -1.32% for the MSCI AC World Net Index. The Portfolio experienced a solid quarter relative to the market, despite a volatile environment. Industrials and Consumer Discretionary were the top sector contributors, while Information Technology and Energy detracted. Europe was the top contributor from a regional standpoint, while emerging markets detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Hardman Johnston Global Equity Strategy highlighted stocks such as Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures, packages, tests, and sells integrated circuits and other semiconductor devices. The one-month return of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was 15.42%, and its shares gained 30.49% of their value over the last 52 weeks. On June 27, 2025, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stock closed at $228.57 per share, with a market capitalization of $1.168 trillion. Hardman Johnston Global Equity Strategy stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2025 investor letter: The top sector detractors from relative performance during the quarter were Information Technology and Energy. Within Information Technology, Marvell Technology, Inc. and Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) were the top underperformers. TSMC posted very strong results and a bullish outlook for 2025 to start the year, supporting the strength in the stock and the fundamental growth outlook for the business. However, shares of TSMC have been under pressure as new concerns have emerged in the AI semis landscape. These began with the release of the DeepSeek R1 model, but concerns have escalated since, primarily due to the risk of macro uncertainty causing reduced corporate spending. The share price correction has been entirely related to multiple contraction, as there has been no true adjustment to TSMC's earnings expectations. Given TSMC already trades at a discount to broader semis, despite its monopolistic position in leading edge foundry, we believe much of the recent selloff creates an attractive dislocation in the valuation. A close-up of a complex network of integrated circuits used in logic semiconductors. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is in 9th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 187 hedge fund portfolios held Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of the first quarter, which was 186 in the previous quarter. While we acknowledge the potential of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and shared the list of best big name stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Entrepreneur
34 minutes ago
- Entrepreneur
'Original Shark' Kevin Harrington Showcases Ten Female Entrepreneurs to Watch
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At the same time, Cosmopolis, founded by visionary Paula Schwarz, continues to thrive as a human-centered network, helping individuals connect with others who can support or uplift them, with thousands of people already onboarded on it. With a mission to transform constrained human capital into thriving potential, through sustainable economic participation, Impossible Roots is unlocking a $1.5T addressable market. Leveraging cutting-edge technology and strategic partnerships, it bridges the gap between humanitarian needs and market-driven solutions, creating scalable impact and long-term growth for communities worldwide. Paula, also a partner at Allocator One, brings a unique combination of impact-driven strategy, international trade, and technology to accelerate social innovation. Her mission is to make global collaboration more meaningful, helping people meet others they otherwise never would. 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Led by Danica Mason, RTG specializes in inclusive delivery, bridging the gap between large contractors and small, certified businesses owned by women, minorities, veterans, and other underrepresented groups. Right from proposal to diversity/inclusion management, to branding & business support, RTG offers a holistic approach to its clientele. The firm has helped public agencies and private firms not just meet, but far exceed, diversity targets on complex infrastructure projects. RTG's hands-on approach includes breaking down work packages, supporting compliance, and preparing small businesses to thrive. Beyond compliance, RTG is focused on creating generational change and building capacity where it matters most. Cherie Kabba The Soultown Magazine is a grassroots, independent publication dedicated to uplifting Black and Brown communities through powerful storytelling. Launched in January 2017 by founder Cherie 'Chillin' Kabba, the magazine was born from her life-changing visit to Senegal's historic House of Slaves, igniting a mission to spotlight underrepresented voices. Recently celebrating its 100th issue in April 2025, The Soultown has grown into a national movement with readers in 18 states and contributors worldwide. Each issue features stories of everyday heroes, cultural icons, and community changemakers, offering authentic perspectives on topics such as history, music, travel, and social impact. What sets The Soultown truly apart is its grassroots approach: finding stories by walking the neighborhoods it serves. With over 30 writers and a vision to make the magazine widely accessible, The Soultown remains a vibrant platform for cultural pride, representation, and empowerment. More than a magazine, it serves as a "Town of Soul."
Yahoo
34 minutes ago
- Yahoo
Should You Expect Attractive Growth Opportunities in Brookfield Corporation (BN)?
Hardman Johnston Global Advisors, an investment management company, released its 'Hardman Johnston Global Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.43%, net of fees, in the quarter compared to -1.32% for the MSCI AC World Net Index. The Portfolio experienced a solid quarter relative to the market, despite a volatile environment. Industrials and Consumer Discretionary were the top sector contributors, while Information Technology and Energy detracted. Europe was the top contributor from a regional standpoint, while emerging markets detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Hardman Johnston Global Equity Strategy highlighted stocks such as Brookfield Corporation (NYSE:BN). Brookfield Corporation (NYSE:BN) is an alternative asset manager and REIT/Real Estate Investment Manager firm. The one-month return of Brookfield Corporation (NYSE:BN) was 6.78%, and its shares gained 50.84% of their value over the last 52 weeks. On June 16, 2025, Brookfield Corporation (NYSE:BN) stock closed at $61.60 per share with a market capitalization of $95.38 billion. Hardman Johnston Global Equity Strategy stated the following regarding Brookfield Corporation (NYSE:BN) in its Q1 2025 investor letter: "During the quarter, we initiated five new positions in Rheinmetall, Airbus SE, Marvell Technology, Brookfield Corporation (NYSE:BN), and Infineon Technologies AG. Brookfield Corp is a leading global investment firm with $1 trillion in AUM and $100 billion in managed insurance liabilities. We see a very attractive secular growth opportunity in a sector where scale will increasingly benefit the largest players like Brookfield. The current share price reflects a significant discount to NAV and an attractive valuation relative to growth. We see strong annual growth in distributable earnings from the base businesses, which compounds when including carried interest and capital allocation." A senior executive at Sprott Asset Management USA Inc. contemplating market changes and his future investments. Brookfield Corporation (NYSE:BN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge fund portfolios held Brookfield Corporation (NYSE:BN) at the end of the first quarter, which was 37 in the previous quarter. While we acknowledge the potential of Brookfield Corporation (NYSE:BN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Brookfield Corporation (NYSE:BN) and shared Silver Beech Capital's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of BN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
