Hedge Fund

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

A listed company run by a fund manager, investing mainly in private companies.e.

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

A period of time that starts with the first day of the current calendar year and ends with today.

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.

Learn what a margin call stands for in financial terms.

An ETF that that reproduces the return of an index through the use of swaps.