In September, Barclays announced the launch of the Multi-Impact Growth Fund, the first impact fund to be launched by a major high-street bank. Impact investing aims to invest in companies and funds to generate a measurable and beneficial social or environmental impact alongside a financial return. But does this new fund practise what it preaches? It is encouraging that a mainstream bank has created an … Continue reading Money Observer: Barclays’ impact fund is a first for a bank – but should it be investing in military aircraft?
Winston Churchill’s half-smoked cigar sold for $12,000 at a US auction in October. A hand-written note by Albert Einstein on the topic of happiness (“a quiet and modest life brings more joy than a pursuit of success bound with constant unrest,” he wrote) went for $1.5 million in Jerusalem. In London, Audrey Hepburn’s iconic blue satin sleep mask was bought for £6,250, some 50 times … Continue reading Standpoint Magazine: Tunnel Vision
Compliment or theft? At a literary festival in Brisbane last year, Lionel Shriver faced a backlash when she argued that accusations of cultural appropriation threatened “our right to write fiction at all”. It remains a contentious issue. At this year’s Battle of Ideas, Claire Fox, director of the Institute of Ideas, introduced a talk at the Barbican in London on whether “cultural appropriation is a compliment … Continue reading Times Literary Supplement: On cultural appropriation
Over the last 12 months, the number of first-time precious metal investors has fallen by 20 per cent, according to BullionVault, an online marketplace for metals. Meanwhile, the number of internet searches for ‘buy bitcoin’ overtook the phrase ‘buy gold’ in the month of November. The price of a bitcoin exceeded the value of an ounce of gold for the first time in March, and … Continue reading Money Observer: Bitcoin’s rise causes gold demand to slump