Investors should give thanks for record highs – but prepare for Hard Trump November 28, 2016 Thanksgiving, a national holiday of reconciliation, took on greater significance in the US this year as families tried to put political differences aside and find common ground in their love of turkey, stuffing and pumpkin pie. President-elect Donald Trump attempted to mend the wounds of a divisive election campaign on the eve of Thanksgiving by [...]
Meet the Edmond de Rothschild asset manager who launched a UK-focused fund just before the referendum (and doesn’t regret it) November 27, 2016 With the European Union referendum just two months away, April 2016 may have seemed like a bold time for a European asset manager to launch a new fund focusing exclusively on the UK – even if it looked like we were headed for a Remain vote. Shares in companies such as ITV, BT, and Marks [...]
Early-stage businesses could rake in £25bn next year from retail investors, who want more risk and higher returns November 25, 2016 Early-stage companies could be raking in a combined £25bn from individual investors in 2017, a new report has estimated. Retail investors are planning to take more risks next year and may be looking to early-stage companies for higher returns, according to an analysis of the sentiment and expectations of 1,000 retail investors by crowdfunding platform SyndicateRoom. [...]
Fine wine investment has leaped since Brexit: These vintages will give you the biggest return on investment November 24, 2016 The market for wine investment has risen 20 per cent in the year to date, boosted by the Brexit vote, a new report has suggested. With uncertainties in traditional markets caused by the vote to leave the European Union, investors wanting to capitalise on weak sterling are looking for alternatives. Read more: It's happening: Majestic Wine is now offering next-day [...]
Savers will be offered new government-backed investment bond next year November 23, 2016 Savers will be offered a new government backed investment bond at the next Budget, the chancellor said today. The three-year bond will offer a 2.2 per cent interest rate on deposits of up to £3,000, and will be available through NS&I. It will be open to those aged 16 and over, available for 12 months from spring [...]
“I wish we could find something”: Aberdeen Asset Management pulled out of bidding for Unicredit’s €3.5bn Pioneer fund unit November 21, 2016 Aberdeen Asset Management dropped a bid for Italian bank UniCredit’s Pioneer fund unit because the UK-listed firm could not afford the €3.5bn (£3bn) asking price. The fund manager made it through to the second round of bidding before withdrawing, chief executive Martin Gilbert revealed. Read more: Trading in Unicredit shares suspended as investors digest bank stress [...]
Investor confidence in UK shares falls and “nervousness” is likely to grow around Brexit November 21, 2016 Investor confidence in UK equities fell in November and “nervousness” is likely to grow as Brexit uncertainty continues, according to a Lloyds study. The bank’s Investor Sentiment Index for November found sentiment to UK shares was 11.3 per cent, down 4.5 percentage points on October and 14.9 on November last year. Sentiment towards UK property [...]
That’s far out: UK investment firm launches £80m space tech fund November 21, 2016 A UK investment firm has today launched an £80m space-tech venture fund. Seraphim Capital said the fund, which will focus on early-stage, space-related technology businesses, is the largest of its kind. The company expects to have raised the £80m over the next two quarters, and today announced a £30m investment from the British Business Bank alongside [...]
Asset managers must adapt to serve investors in an age of disruption November 21, 2016 Today's investors and their advisers face a torrent of change from all quarters. Political, economic and regulatory turbulence is matched only by the speed at which technology is transforming business models, choices and decision-making. The low interest rate and low growth environment is creating real challenges for institutional and retail investors. These challenges form the central [...]
Have investors jumped the gun in thinking that the era of low inflation is now over? November 21, 2016 Jason Hollands, managing director at Tilney Bestinvest, says Yes. Deep tax cuts, looser banking regulation, massive spending on infrastructure and the military, alongside higher tariffs on imports and tighter immigration restrictions – Donald Trump’s economic policies are inherently inflationary for the US economy, especially against a background of low unemployment. Global bond markets have reacted [...]