Donald Trump and emerging markets: Why you should buy the Mexican peso, government and corporate bonds November 16, 2016 If the performance of the dollar and US equities has defied forecasts since Donald Trump’s election, the impact on other assets, like US Treasuries and emerging market (EM) securities, has been grimly predictable. EM corporate debt had been one of 2016’s best performing asset classes, and funds which invest in these countries attracted $47bn from [...]
FTSE 250 asset manager ICG’s shares jump seven per cent as profits grow November 15, 2016 FTSE 250-listed Intermediate Capital Group’s (ICG) share price soared more than seven per cent this afternoon after the firm reported rising assets under management (AUM). Total AUM were up two per cent to €22bn (£19bn), with €1.4bn of new money raised, while pre-tax profit came in at £126.2m for the six months to 30 September [...]
The behavioural biases that explain why Mr Market is unruffled by Mr Trump November 14, 2016 The world is not short of comment and analysis following the election of Donald Trump as US President. In some ways, the coverage is indicative both of the result’s unexpected nature and its historical significance. It is fascinating, therefore, that an event of such magnitude has created barely a ruffle in stock markets. Step back from [...]
Affordable housing could be about to become an asset class in its own right November 14, 2016 Affordable housing could become an asset class in its own right, new research has suggested. A report published today by management consultancy CIL has suggested that, despite having historically been regarded as a challenging area for the construction industry, affordable housing now represents a significant area of opportunity for the sector and for investors. The [...]
Could a Trump presidency actually be good for stock markets? November 9, 2016 Adrian Lowcock, investment director at Architas, says Yes. Markets are still digesting what a Trump presidency means for investors and, although comparisons with Brexit are overstated, we could see some more volatility. Longer term, the result could be good news for stock markets. The shock result may mean that interest rates do not rise in [...]
“We are heading into a world of unprecedented political risk”: Seven investors react to Donald Trump’s victory November 9, 2016 In a poll last week, 80 per cent of financial advisers predicted a Donald Trump victory in the US election would have a negative impact on investments. Just four per cent of the 202 UK independent financial advisers surveyed by Opinium Research said it would be positive. With that in mind, here are the early [...]
It’s finally arrived: How to trade US election night November 8, 2016 Even with her exoneration by the FBI at the weekend, a victory for Hillary Clinton is not yet guaranteed. Just a few hours before an expected 130m Americans head to the polls, it is still unclear which candidate will enter the Oval Office next year. She may have the edge – Nate Silver’s FiveThirtyEight had [...]
Expect a Donald Trump victory to drive gold prices higher November 8, 2016 The 2016 presidential election and its likely impact on financial markets is proving incredibly difficult to call. First we have the relative outperformance of the US economy versus many other major countries to consider. Regardless of who wins, it seems as good as inevitable that US interest rates will still be rising before the year [...]
Clinton good, Trump bad: Market reaction to changing odds is too simplistic November 7, 2016 Thank goodness Britain is a nation of geniuses (or should that be genii?). Not even six months after the UK got to grips with the minutiae of EU rule-making and its enormous, surreptitiously dastardly implications for our country, we have all suddenly become experts in British Constitutional Law. We have had a lot of assistance [...]
Investors pull more money from UK equities in September November 1, 2016 Investors continued to draw money out of the UK in September, new figures out today show. Net retail fund sales tracked by the Investment Association during the month totalled £664m overall, down from £1.7bn in August, with total funds under management coming in at £1 trillion. Investors continued to pull money from UK equities, with [...]