The Trump effect: Why it pays to remain sanguine about the rise of the Republican renegade May 26, 2016 With his infamous “Great Wall” plans and talk of repealing “horrible” free trade deals – neither of which would be good for global business – Donald Trump is in step with the rising trend towards protectionism and populism seen in Europe. If the presumptive Republican nominee wins the Oval Office in November, City investors may [...]
Forget negative interest rate gloom. In robotics Japan has a ¥9.7 trillion opportunity May 26, 2016 A negative interest rate and the perceived failure of Abenomics have undermined investor confidence in Japan, stealing attention from robust fundamentals and an untapped growth story. Strong company earnings and structural reforms combined with improving governance are creating real value in innovative sectors of Japan’s equity market, such as robotics. Japan has always been seen [...]
Before the bell: What you need to know before the US market open May 25, 2016 Oil is climbing and China has fixed the yuan at its weakest level in five years. Here's what you need to know before the market open at 14:30 London time. The pre-market is pointing to a strong rise at the open. The S&P is up by 0.36 per cent, while the Nasdaq is up by 0.44 per cent. [...]
Why long-term investors shouldn’t fear Brexit: Alarming projections have emerged about the impact of Britain leaving the EU on sterling, stocks and bonds. But there are reasons not to expect the worst May 25, 2016 You’d be forgiven for thinking the investment industry is united against Brexit. Accompanied by alarming forecasts about the impact of a Leave vote on sterling or the risk to various sectors of the UK economy, repeated reports have painted the referendum as a choice between emotion and reason, with Remain the only sensible option for [...]
The big squeeze: Should you consider VCTs as part of your retirement planning? May 24, 2016 A total of £429m of new money was raised by Venture Capital Trust (VCTs) managers in 2014-15 – the fourth highest yearly figure ever. Introduced back in 1995, these listed investment vehicles enable investors to access pooled funds of smaller, higher risk firms in a tax-efficient manner, while providing a crucial lifeline to fast-growing UK [...]
Before the bell: What you need to know before the US market open May 24, 2016 China is trying to smooth US trade ties after threats of a tax hike on imports from Republican presidential nominee Donald Trump and the European Commission could decide today whether to allow ABInBev to buy SABMiller. Here's what you need to know before the open at 2:30pm London time. In the pre-market futures are pointing up. The [...]
Cut capital gains tax with EIS investment May 24, 2016 Investors facing a capital gains tax bill have an opportunity to cut it down by investing in the UK’s early stage businesses. Chancellor George Osborne recently cut the rate of capital gains tax to 20 per cent, down from 28 per cent. It’s applicable in the current tax year, but anyone who made a capital gain [...]
At the close: FTSE falls after oil price drop erases earlier gains May 23, 2016 A meandering start to the week saw the FTSE 100 climb strongly shortly after the open only to fall back before lunch time. The blue-chip index ended the day at 6,136.43, down 0.32 per cent from yesterday's close price. The falling oil price, down over one per cent and moving away from the psychologically important $50 per [...]
Before the bell: What you need to know before the US market open May 23, 2016 The latest round of consolidation in the drugs and chemicals industry is on after Germany Bayer made a $62bn bid for US seeds company Monsanto while European PMIs this morning have added to European economist concerns. Here's what you need to know before the open. US pre-market futures are mixed today. The S&P is down by 0.06 per [...]
Investors unimpressed by Obama and back Brexit despite stock market fears May 23, 2016 UK personal investors have been unimpressed by politicians in the run-up to the EU referendum and a majority say they will vote for a Brexit, new research has found. The 56 per cent backing for Leave – compared with a 39 per cent vote for Remain – comes despite a majority feeling that a Brexit would [...]