LISTING July 1, 2010 Q.I would one day like to float my company, what steps should I implement to prepare for this? A.Before you list on a stock market like Aim you have to be assessed by a nomad, a nominated advisor such as an investment bank, corporate finance firm or accountancy firm. The nomad will look at your [...]
Pick a moment and hold on for property gains June 30, 2010 WITH the trajectory of the UK real estate market far from clear, property investment might seem like a risky business. But many UK property-tracking exchange-traded funds (ETF) have nonetheless seen steady asset inflows in the last year since prices began to recover in 2009. ETFs offer exposure to property without the long-term commitment of buying [...]
China’s stock index is getting oversolda June 30, 2010 INVESTORS barely had time to digest the news that the Conference Board had downgraded its leading indicator for China before stock markets tumbled across the world earlier this week. And although the markets’ sensitivity to the powerhouse of the east remains as strong as ever, the equity market in Shanghai has suffered more than its [...]
IT’S THE HALF YEAR BLUES, AND THERE IS PLENTY OF RED INK June 30, 2010 GEOFF WILKINSON HEAD OF RESEARCH, MINT EQUITIES AND so another quarter wends its way to a weary end. The simple fact is that the S&P 500 is currently down 10 per cent on the quarter, which is woeful enough, but supposedly buoyant China has fallen twice as much. Our money is safely tucked away in [...]
MARKET NEWS June 30, 2010 ETF SECURITIES’ AUM SOAR Exchange-traded funds (ETFs) provider ETF Securities has seen its assets under management (AUM) soar to $20bn as of 17 June, up 70 per cent on July 2009. Its holdings in Europe for its gold exchange-traded products have now surpassed a record $10bn, which is the largest in Europe. Its physical gold [...]
THE TIPSTER June 30, 2010 A MONTH ago we pointed out that the outlook for Ladbrokes was bearish with the shares looking more likely to go down than up. Since then, Ladbrokes has fallen 7 per cent, despite what should be a profitable World Cup and the outlook has got even worse. It closed at a 6-month low at 131p, [...]
AstraZeneca leads flat FTSE after US patent win as BP rises on takeover talk June 30, 2010 BRITAIN’S leading share index was flat yesterday after a choppy session on the last day of the second quarter, with gains by AstraZeneca after a key US patent was upheld just countering weakness in miners. At the close, the FTSE 100 was up 2.65 points, or 0.1 per cent at 4,916.87, notching up a 13.4 [...]
US stocks fall at end of worst quarter since 2008 US stocks fall at end of worst quarter since 2008 June 30, 2010 US stocks staggered to the end of a dismal second quarter yesterday in another low volume session as investors found little reason to take on risk after conflicting economic data. The day ended like many during the quarter, with a late-day sell-off as buying interest waned and investors sold underperforming stocks in the worst quarter [...]
How to learn from Capello’s mistakes June 30, 2010 POOR defending, non-existent marking, a lack of passion – there are numerous reasons for England’s horrible World Cup performance. Interestingly, though, many have argued that all the problems on the field were symptoms of troubles off it. The team, it appears, didn’t get on with the manager. Capello’s boot-camp culture clashed with the laid-back attitude [...]
When work becomes a religious experience June 30, 2010 THE WAY WE’RE WORKING ISN’T WORKING BY TONY SCHWARTZ, JEAN GOMES AND CATHERINE MCCARTHY, £12.99 THE title might sounds a bit like the election poster from 1979 that proclaimed “Britain isn’t working”, but this book is American through and through. It reached number two on the New York Times Best Sellers List, which suggests that [...]
