Investors withdrew savings from UK funds in lead up to March Brexit deadline April 30, 2019 Investors withdrew savings from UK funds last month as the Brexit deadline date drew closer with no signs of a deal. Outflows from long-term investments reached £5bn, bringing the total outflows since April last year to almost £30bn. Read more: European funds hit 11th month of outflows Investors moved UK-based assets into European countries in [...]
Your guide to US results season Q1 2019 April 30, 2019 | City Talk By Jemma Jackson from interactive investor. Home or away? interactive investor comment as US earnings season kicks off ahead of expectations So far, the news has been generally positive, with banks having noted an improvement in Net Interest Margins (the difference between the rate at which they borrow and lend). Industrials have also provided a [...]
Don’t get stuck in your ways: How to cut carbon emissions without glueing yourself to buildings April 30, 2019 “You can't eat money” and “climate emergency” read some of the signs wielded by climate change protestors last week, as they glued themselves to the London Stock Exchange. As our planet heats up, so does the debate around global warming. Regardless of whether you agree with the tactics used by the protestors or not, there [...]
The material consequences of choosing sustainable fashion April 29, 2019 The textile industry – primarily the business of cloth and clothing – produces close to 100 million tonnes of fibres every year. This number is only set to grow as purchasing power in emerging markets rises. The industry – and its growth – has huge consequences for the environment and climate change, producing some 1.2 [...]
Sainsbury’s: Buyers bet that shares have seen the low April 26, 2019 | City Talk By Graeme Evans from interactive investor. Trading within a whisker of a record low, a lot of bad news is already written into the share price. Yesterday’s humiliation of Sainsbury (J) (LSE:SBRY) and its boss Mike Coupe has not stopped investors from piling into the supermarket giant’s shares in the belief the chain can bounce [...]
Investment platform AJ Bell set to beat market expectations April 26, 2019 Investment platform AJ Bell reported boosted assets this morning as it revealed that it is set to beat analyst expectations in its financial results, which will be published next month. Assets under administration (AUA) increased by eight per cent to £47.7bn, due to growth in the platform business, the company announced this morning. Read more: UBS [...]
Unilever: Why there’s lots to like about this FTSE 100 star April 25, 2019 | City Talk By Graeme Evans from interactive investor. These first quarter numbers have been well received, and this market favourite still has lots to go for. Unilever (LSE:ULVR) shares surged to within a few pence of a record high last week as first-quarter trading figures heightened focus on whether this defensive and reliable dividend payer can offer [...]
European mutual funds hit 11th month of outflows April 24, 2019 Net outflows from European mutual funds hit €18.8bn (£16.26bn) in March, marking the 11th consecutive month of losses as investor confidence is knocked by political and economic uncertainty. Outflows have hit €58.3bn in the year-to-date, according to the latest data by Lipper, due to risks including Brexit and trade wards. Read more: Scandal-hit Gam funds to [...]
WH Smith: High-flyer divides City April 24, 2019 | City Talk By Graeme Evans from interactive investor. Latest results are fuel for another assault on a record high. Here’s why Smith splits the Square Mile. With £1 billion worth of dividends or buybacks since 2007, WH Smith (LSE:SMWH) shareholders can have few complaints about the retailer’s tried and tested strategy when it comes to selling stationery, [...]
The coming squeeze on US profits April 24, 2019 | City Talk Progress on US-China trade talks has seen investors’ concerns about a trade war fade, and be replaced instead by worries about economic growth and politic risks. The real concern for equity investors, ultimately, is how slower growth will be reflected in company profits. In 2018 markets were driven by stronger corporate earnings, but share prices [...]