Market falls: cause for alarm or calm? October 26, 2018 | City Talk Stock markets globally have been falling since the end of September. Economic worries including a potential trade war between the US and China, currency crises in Turkey and Argentina, debt problems in Italy and rising interest rates have seen stocks globally begin to fall from record highs. As the chart shows, since 31 August emerging [...]
Don’t let national security fears risk closing Britain for business October 26, 2018 The UK government’s National Security and Investment consultation, which closed last week, has an aim that is not just laudable, but essential. The government is seeking to protect vital national assets, whether emerging technology or critical infrastructure, from falling into the wrong hands – from organised crime groups to rogue states to certain major powers. [...]
Blackrock’s European regional headquarters to stay in the UK after Brexit October 24, 2018 Wealth management firm Blackrock is poised to keep its largest European regional operations headquarters in the UK after its exit from the European Union, moving "only very few" jobs to other offices on the continent. The world's largest asset management firm currently manages operations for the Europe, Middle East and African (EMEA) region from its UK [...]
The one-word secret of the greatest investor you’ve never heard of October 24, 2018 | City Talk Type a phrase such as ‘world’s greatest investors’ into Google and Philip Carret’s name is unlikely to crop up. And yet, as the following chart shows, for sheer longevity of success, he is one of just a handful of investors who can be mentioned in the same breath as Warren Buffett. That is why his [...]
What can we expect from a pre-Brexit Annual Budget? October 24, 2018 | City Talk The Budget is the biggest date in the UK’s financial calendar where the Chancellor, Philip Hammond, will deliver the government’s plans for tax and spending for the 2019/2020 financial year, starting in April next year. The Budget is a little unconventional this year as it usually falls on a Wednesday, but all you trick-or-treaters will [...]
Seven top tips if you want to retire early October 24, 2018 Picture this: a life of lie-ins and long holidays – all when you’re still spritely enough to enjoy the free time. For many of us, the prospect of retiring early will seem like a pipe dream. It’s true that there is no magic formula – whether you can afford early retirement is usually a question [...]
Merian Global Investors targets Asia expansion with Ping An partnership October 23, 2018 Merian Global Investors has signed an agreement with Hong Kong asset management firm Ping An as the firm targets expansion into Asia. The London-based asset management business agreed a Memorandum of Understanding with Ping An this morning, which will allow the firms to work together on fund distribution, marketing and investment advisory services. Read more: FTSE [...]
St James’s Place shares slump despite £100bn funds under management October 23, 2018 Shares in wealth manager St James's Place slumped this morning despite the revelation that the company had hit a record breaking £100bn in funds under management. The firm announced that assets under management rose to £100.6bn, up 11 per cent since the beginning of the year, however shares slipped 4.6 per cent on news of slower quarterly growth. [...]
A primer on how equity supply can influence returns October 18, 2018 | City Talk Like any good or service, we think share prices—whether of an individual public company or a national or global equity market index—rise and fall based on the interaction between supply and demand. In the relatively near term—which we define here as the next 3 – 30 months or thereabouts—our research indicates demand tends to be [...]
A primer on how equity supply can Influence returns October 18, 2018 | City Talk Like any good or service, we think share prices—whether of an individual public company or a national or global equity market index—rise and fall based on the interaction between supply and demand. In the relatively near term—which we define here as the next 3 – 30 months or thereabouts—our research indicates demand tends to be [...]