Investment Association launches consultation on including exchange traded funds in its sectors November 30, 2018 The Investment Association could include exchange traded funds (ETFs) in its fund sectors, the industry body announced today as it launched a consultation on the topic. ETFs are investment funds where shares are traded on a stock exchange and can be bought and sold at the current market price. The sector system, which is designed [...]
The activist investor revolution has begun November 30, 2018 A year ago, anyone attempting to name a FTSE 100 stock that was likely to chart a double-digit share price rise would have been unlikely to name Whitbread. With a big exposure to the British consumer, the owner of Costa Coffee and Premier Inns seemed to have too many chips stacked on the wrong part [...]
What happens when the ‘FAANG’ stocks lose their bite? November 29, 2018 | City Talk There can be little doubt about the stars of world markets in recent years. The US has led the way, with tech companies to the fore and, at the very front of the march, the so-called ‘FAANG’ stocks of Facebook, Amazon, Apple, Netflix and Google. Still, remembering the old stock market adage ‘Tall trees do [...]
Expensive stocks & high debt: A concern for investors November 28, 2018 At no point in the lifetime of any investor operating today has the US not been the largest stock market on the planet and yet it recently notched up a new kind of record. According to numbers crunched by analyst Scott Irving of Jefferies International, at the end of September, the US accounted for 62.4 [...]
Inflows give profit boost to Brewin Dolphin November 28, 2018 Asset manager Brewin Dolphin today reported a profit jump as it was boosted by strong inflows. The company said adjusted profit before tax for the year to 30 September was £77.5m, a 10.7 per cent increase on the previous year. Its total funds stood at £42.8bn, an increase of 6.7 per cent. Brewin Dolphin increased [...]
Inescapable investment truths for the decade ahead November 27, 2018 | City Talk It seems clear to us that the world investors have got used to over the last few years is very different to the one we need to get accustomed to in the years to come. We have identified a number of economic forces and disruptive forces we think will shape the investment landscape ahead of [...]
Brexit: UK economic outlook hinges on May selling deal November 22, 2018 | City Talk The deal is largely as we expected – but this is only the end of the beginning. UK’s negotiating power has been overestimated by many; the EU has dictated the terms of Brexit from the beginning. We believe that the risk of a no-deal Brexit will focus minds and lead to cross-party support for May’s [...]
Gender diversity is starting to drive asset managers’ voting decisions November 22, 2018 More than half of asset managers actively engage with UK companies over gender diversity as boardroom equality begins to drive voting decisions Four in 10 asset managers said they had made a voting decision based on the gender diversity of the company, the Investment Association said, as it revealed that 80 per cent of survey [...]
CMC Markets profits dive 76 per cent on regulatory changes November 22, 2018 Spread betting platform CMC Markets reported a 76 per cent dive in profits this morning, causing shares to fall more than six per cent. The forex trader’s poor performance was driven by a deterioration in market volatility and range bound markets, worsened by the introduction of new retail trading regulatory changes in August, it said [...]
Should other countries take a leaf out of Trump’s economic playbook? November 20, 2018 | City Talk Global growth in 2017 was characterised by synchronised expansion by the world’s major economies. This was largely because robust global trade growth created a rising tide that lifted all boats. Since global trade has waned in 2018, economic growth has become less coordinated. While China, Europe and Japan have all seen their growth rates cool, [...]
