Nigel Farage investment tips fail to pay off | Business

After moving away from politics, Nigel Farage has returned to the investing world, offering advice on how to “take back control of your money”.

His newsletters and podcasts promise “deep insights” and tell you “what’s really going on in the financial markets.” But how has the face of Brexit been returning to its investment roots?

Not great, according to financial news agency Bloomberg. If you’ve been following some of his investment suggestions, you’d better put the money into a benchmark stock index tracker fund.

Read:After a disastrous mini-budget can Liz Truss tackle the myriad crises looming ahead? | Liz Truss

Bloomberg was following recommendations in a paid newsletter, UK Independent Wealth, published by Southbank Investment Research. Farage and Rob Marstrand, a former banker at UBS, have created three model portfolios that “focus on intelligence,

Read:Federal Open Market Committee (FOMC) November meeting minutes due Wednesday, 23 November

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