FTSE 100 pushes above 7,000 for first time since Covid crash as Wall Street hits new records April 16, 2021 London’s FTSE 100 rose above the 7,000-mark today for the first time since Covid pummelled financial markets last year. Across the Atlantic, Wall Street again hit new record highs on the back of a bumper set of earnigns from America’s banking giants. Speedy vaccine rollouts and government policy support has lifted investor confidence about a [...]
Boost your investment by avoiding unnecessary risk April 14, 2021 | Sponsored The experienced team at Oakmount & Partners has a simple aim: to optimise investment performance over the medium to long term without exposing customers to unnecessary risk. Offering opportunities leading out to 2025 and beyond, the company’s goal is to achieve a greater rate of return on investment for its clients while maintaining the same high [...]
Help combat climate change by making smarter investments April 14, 2021 | Sponsored Climate change represents one of the biggest existential threats to the planet and should be a top priority for us all. Pictet Asset Management is passionate about this, recognising that ambitious new climate goals will spur investments into the clean energy industry. The only way to meet the world’s growing demand for energy while decreasing [...]
S&P 500 and Dow climb for third day and close at records April 9, 2021 The S&P 500 and the Dow rose to close at record highs, posting a third straight weekly rise partly on lift from growth stocks, with a late-day rally building gains ahead of quarterly earnings season next week. The Dow Jones Industrial Average rose 299.21 points, or 0.89 per cent, to 33,802.78, the S&P 500 gained [...]
Markets: Indexes in London and New York push further into record territory April 8, 2021 FTSE roars to highest levels since February 2020 as Wall St inches up
FTSE 100 jumps on post-lockdown hopes but Wall Street flat April 6, 2021 London’s FTSE 100 climbed by 1.4 per cent today as prospects of a planned re-emergence from lockdown next week boosted shares. The capital’s premier index currently stands at 6,840, its highest levels since 11 January. Across the Atlantic, however, the mood was more subdued, with Wall Street’s main markets flat at the open this afternoon. [...]
More young people are turning to ISAs to invest, but also to have impact April 6, 2021 | Sponsored The impact of the global pandemic, big political changes, and social justice movements on day-to-day life in the past 12 months has been substantial. One of the key areas affected has been people’s personal finances, from loss of income on one hand, to increased savings from less leisure spending on the other. So how have [...]
Bernoulli’s Prisoner’s Dilemma: applying the scenario to modern markets March 30, 2021 | City Talk In 1738, the Swiss mathematician and physicist Daniel Bernoulli proposed a simple thought experiment: “A rich prisoner who possesses two thousand ducats but needs two thousand ducats more to repurchase his freedom, will place a higher value on a gain of two thousand ducats than does another man with less money than he.” Let’s place [...]
Bond investors and sustainability: is it all greenwash? March 29, 2021 | City Talk With issuance of green, social and sustainability bonds expected to hit a record $650 billion this year, Schroders’ Head of Sustainable Credit Saida Eggerstedt tackles the topic of greenwashing. “We are in a boom era for borrowing linked to sustainability criteria,” according to Saida Eggerstedt, Schroders’ Head of Sustainable Credit. In 2020, the global issuance [...]
Investment trusts beat dividend drought with record payouts March 29, 2021 As companies across the globe slashed payouts during the pandemic investment trusts beat the drought by raising dividend payments to record levels. Investment trusts dished out an extra £87bn in dividends last year, equivalent to a 4.2 per cent annual increase. Between April and December 2020 more than three quarters of trusts investing in equities [...]