Top ten considerations for investors surrounding new leasing standard April 15, 2019 | City Talk At long last, a company’s lease obligations – formerly buried in the back of the footnotes of the financial statements – are moving front and centre onto the balance sheet, as a new leasing standard goes into effect for both US GAAP and IFRS companies effective 1 January 2019. That’s just around the corner as [...]
AA: A sustainable recovery of its own? April 12, 2019 | City Talk After a decent start to 2019, our head of markets kicks the tyres after these uninspiring results. There is certainly a great deal going on under the bonnet at AA (LSE:AA.), although by its own admission there remains much to be done. One measure of progress is the number of contract wins the company has [...]
Hedge fund returns hit seven-year high after third consecutive month of growth April 11, 2019 Hedge funds saw the third consecutive month of positive returns in March, which marked best year-to-date aggregate returns since 2012. In March hedge funds gained an average of 0.97 per cent, which brought the average year-to-date gains to a seven-year high of 5.4. Read more: Hedge funds take out £86m bets against British Gas owner [...]
We pick six investment managers to beat Brexit blues April 11, 2019 | City Talk By Jemma Jackson from interactive investor. With MPs failing to agree a Brexit outcome, we name the funds and trusts to weather the political storm. Charles de Gaulle reportedly said that “politics is too serious a matter to be left to the politicians.” With the chaos currently surrounding Brexit, and as MPs are united only [...]
10 reasons to sell a share April 10, 2019 | City Talk It’s generally accepted that it is more difficult to sell a share than to buy one. After all, the buying part ties you in to a share of a company. You have identified a share you like, done your research, consider that the current valuation is fair and that the company’s prospects are strong, so [...]
Death of the High Street? Why we’re still backing UK retail April 9, 2019 | City Talk Following some dire headlines you might rightly wonder why the share prices of UK retailers have recorded double-digit gains this year (see graphic, below). Surely the relentlessly downbeat mood music from the mainstream media (and pessimism among analysts) is confirmation that the UK consumer is in full retreat, and consumer-exposed sectors are in deep trouble? [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 | City Talk By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]
Early bird investors reap rewards April 8, 2019 | City Talk By Graeme Evans from interactive investor. The sooner you utilise your annual ISA allowance, the quicker your money starts working for you. ISA season is over, bringing respite from weekend newspaper supplements offering “five reasons” why we need to act fast to make the most out of our tax-free allowance. Many of us will have [...]
Impax Asset Management boosts AUM by 15 per cent April 8, 2019 Impax Asset Management, which focuses on sustainable investments, has boosted assets under management by 15 per cent in the first three months of this year. The London-based firm said AUM increased from £11.5bn at the end of December last year to £13.2bn at the end of March 2019. Read more: Asset management firm Miton boosts [...]
It’s time for the pensions industry to stop taking customers for granted April 5, 2019 With workplace pension contributions increasing from tomorrow, I’m reminded of a recent industry event that I attended. During the keynote, the speaker cut to a video where members of the public were stopped on the street and asked “who is your pension provider?” Most of those questioned looked confused, unable to recall where their pensions [...]