Money & Markets
Personal finance and investing in plain English

Placings in small caps: what the discount tells you
Placings in small caps can tell you a lot about funding pressure, dilution and investor appetite. Learn what the discount…

Synergies: the polite word that can hide merger risk
Merger synergies can make a takeover sound tidy. Learn what the phrase means, where the risks hide and what investors…

What a profit warning is and why shares can fall so quickly
A profit warning can move a share price fast. Learn what it means, why the market reacts so sharply and…

Cash runway in small caps: how long does the company have?
Cash runway in small caps shows how long a company may last before more funding is needed. Learn the checks…

How to read a profit and loss statement
A profit and loss statement shows whether a business is really making money. Learn the main lines, common traps and…

Institutional order execution: how big trades are hidden
Institutional order execution often happens in slices, not one obvious trade. Learn how VWAP, liquidity and day-long buying can change…

Hedge fund fees: what two and twenty really costs
Hedge fund fees can take a large share of returns. This guide explains two and twenty, hurdle rates, incentives and…

Small-cap sector checklist: questions before you invest
A small-cap checklist helps investors test sector risk, funding, dilution and management claims before a tempting investment story takes over.

Tree shakes: how market makers move small-cap prices
Tree shakes can make small-cap price moves look more alarming than they are. Here is how to read the screen…

Tracker funds and index funds: the case for doing nothing
Tracker funds and index funds explained for UK beginners, including costs, risk, ISAs and why doing less can sometimes be…