Will September be a particularly cruel month for investors? August 30, 2016 David Buik, market commentator at Panmure Gordon, says Yes. As a committed Brexiteer, it is imperative to be eternally optimistic, particularly in the face of hysterical Remain financial forecasting which emanated from the establishment, encouraged by a slew of eminent economists. After Brexit, further quantitative easing and a rate cut were quickly introduced, which resulted in [...]
From Italy to Trump, why are investors so complacent about political risk? August 30, 2016 As Theresa May plotted with her Cabinet this weekend about the country’s plan for Brexit, doomsday-predictors should have every reason to be amazed at where asset prices sit today. Funnily enough, market-savvy Brexiteers I spoke to in the aftermath of the vote were surprised but sanguine, saying markets always overreact. Clearly in the short term [...]
Fund Brexodus slows in July after “quite extraordinary” investor outflows in EU referendum month August 25, 2016 Outflows from the UK fund industry continued in July, but slowed after a “quite extraordinary” investor exodus in June, the month of the EU referendum. Net outflows totalled £1bn in July – an improvement on £3.5bn in June – according to the Investment Association. The strongest outflows last month came from equity funds, £2.2bn, but [...]
Morning Wire Unregulated podcast: Millennials to millionaires – how to get started with investing August 24, 2016 This week's podcast takes a look at how even millennials, with their meagre savings, can become millionaires – or at least try. Michelle McGrade, chief investment officer at TD Direct Investing, and Pete Matthew, host of the Meaningful Money podcast, discuss the first steps into investing, and outline the best ways for millennials to make [...]
Silver’s performance has been stellar this year, but will loose monetary policy and industrial demand allow it to maintain its surge? August 23, 2016 As Team GB celebrates second place on the Rio medals table, silver has seldom looked so good. It would appear that investors agree. Since the start of the year, the price of gold has risen over 25 per cent, but silver has outpaced it, rising by more than 30 per cent. It’s now at $18.89 [...]
It pays to be active and focused as an asset manager, study finds August 22, 2016 Active asset managers with a sector focus have been backed to outperform peers by a new report. Northill Capital found they have “significantly outperformed both generalist active asset managers and passive mandates across multiple asset classes over the past five years”. Read more: Lord Rothschild talks of "experiments" and "uncharted waters" Researchers compared the average five-year [...]
Classic cars, fine wine, coins and racehorses: One in six investors now has money in a “hobby” investment August 22, 2016 Call them sentimental, but more and more investors are turning their pastimes into profits, according to a new study from Lloyds Private Banking. One in six investors now cultivates a "hobby investment", spending on average £13,500 on a single item, though one in 10 is willing to splash out £50,000 on an individual item. The most popular [...]
Emerging markets funds hot, China not, for investors this summer August 22, 2016 Investors have turned away from China-only funds this summer, according to one online retail investment platform. But emerging markets funds have proved popular. Rplan.co.uk said that between 1 June and 15 August, it recorded a 75 per cent increase in flows to emerging markets funds compared with the same period last year. Meanwhile, China-only funds experienced [...]
Foreign investments help shareholders as UK dividend growth lags August 22, 2016 The UK is lagging behind other developed markets in terms of dividends, a report out today has found. UK dividends fell 3.3 per cent on an underlying basis in the second quarter of 2016, according to the Henderson Global Dividend Index. In addition to the falling value of the pound, steep cuts from Standard Chartered, [...]
Top investor in Panmure Gordon “fully committed” to UK stockbroker August 17, 2016 QInvest, Panmure Gordon’s biggest shareholder, has committed itself to the UK-based stockbroker after reports of interest from other investors. The Qatari investment bank yesterday revealed that, following the Brexit vote and other events around the world, it was “carefully reviewing and stress-testing” its portfolio. And Morning Wire understands QInvest has received a number of informal approaches [...]