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ShareSoc Director Spotlight – Amit Vedhara

What inspired you to join ShareSoc’s board and what motivates you to represent UK private investors? I came across ShareSoc when looking to give back to society in some way, and...

Vanguard cuts LifeStrategy UK Home Bias

Why Now, and What It Really Means  Vanguard has announced a significant change to its flagship LifeStrategy range: a reduction in the long‑standing UK home bias. Equity exposure to the UK will fall from...

ShareSoc Director Spotlight – Ram Sachdev

What inspired you to join ShareSoc’s board and what motivates you to represent retail investors? I am delighted to share my perspective.   I joined the Board of ShareSoc after spending ten...

Portfolio Review 2025 – Cliff Weight

Up 15.7%. 😊. I am happy with this. Key points Portfolio up 15.7%. Benchmark performance: 13%, representing a 90% equities/10% bonds/cash allocation. The global equities benchmark rose 13.9% in sterling terms MSCI USA rose 9.2% in sterling terms (17.9% in dollars, but I was unhedged) UK FTSE 100 rose +25.8%. My outperformance of +2.7% reflects: my FTSE 100 shares (impact on returns = +0.5%), stock selection +6%, my small AIM company bias (-1.5%) and US underperformance in sterling terms ...

Laggard Socially Useful Frenkel Topping (FEN): Another Opportunistic Takeover and Delisting

Another week, another blatant example of the chronic undervaluation of UK small-cap companies, leading to a lowball takeover, that forces long-term individual shareholders out at a lowball valuation.  The AIM market, it seems, is becoming a hunting ground for opportunistic private equity firms to snatch up good businesses on the cheap.  I’ve written about this pattern before with Gusbourne, Dewhurst, and the particularly egregious case of Anexo. The latest name to add to this sorry list is Frenkel Topping (AIM: FEN). I think this one is particularly cynical. Many ShareSoc members will ...