Getting the green by going green: time to invest in alternative energy November 30, 2010 AT THE last climate change summit, in Copenhagen in 2009, most world leaders felt duty bound to attend, including Barack Obama, who flew in for the last day. This year the summit is a lot closer for Obama, in Cancún, Mexico, but the President does not feel like making the trip. Neither, for that matter, [...]
FUND MANAGEMENT NEWS November 30, 2010 NEW SCHRODERS PROPERTY FUND Schroders has announced the launch of a new property fund. The Schroder global property income maximiser fund will aim to provide a regular income stream through exposure to global property securities. Subject to FSA approval, it will be opened to investors in February 2011. The fund is broadly similar to Schroder’s [...]
Downturn fuels a boom in the direct instruction of barristers November 30, 2010 I LIKE the culture of barristers’ chambers. The idea of walking into an aircraft hangar reception area at some City firm with modern art on the wall is maybe flaunting wealth too much these days.” This was the view of one in-house lawyer interviewed for a new study into “direct access” – clients instructing barristers [...]
Football clubs have to look to long-term November 30, 2010 INSOLVENCY is becoming more common for football clubs. So how can clubs avoid administration in the hard times ahead? What can administrators do to prevent it? The unique – and controversial – element of a football club insolvency is the requirement that certain football related creditors be paid in full as a condition of the [...]
FTSE tumbles on weaker commodity prices and nerves over Ireland’s rescue November 29, 2010 BRITAIN’S top share index ended sharply lower yesterday, seeing two months of gains wiped out, as heavyweight commodity issues dropped back with weaker metal prices and financial firms dropped on worries over the Eurozone. The FTSE 100 index dropped 117.75 points, or 2.1 per cent, to close at 5,550.95, the day’s low, having reversed from [...]
Eurozone fears dampen markets on Wall Street November 29, 2010 US stocks edged down in a low-volume session yesterday on worries Europe’s credit crisis will spread, despite a weekend agreement to bail out Ireland. But stocks finished well off their lows of the day as the dollar retraced some of its earlier gains and energy and financial stocks rallied later. The Dow Jones industrial average [...]
Savvy traders can also benefit from dividends November 29, 2010 IN A world of high inflation, low growth and stock markets trading sideways, the investor is perpetually in search of ever-elusive income. Dividend income is understandably more appealing to the buy-and-hold investor community but the speculative trader should not ignore it either. Dividends can still play a part in the contracts for difference (CFD) trader’s [...]
US JOBS DATA COULD STILL DISAPPOINT November 29, 2010 CFD MARKET STRATEGIST, GFT LAST week was a stomach-churning rollercoaster for investors and traders alike. Attention shifted away from the US and the backlash which greeted the Fed’s announcement of QE2. Instead, the focus was on tensions between North and South Korea, along with the European sovereign debt and banking crisis. These issues have the [...]
THE TIPSTER November 29, 2010 THE US car giant Ford is due to give a trading update tomorrow. Its stock has rallied over 50 per cent in 2010 thanks to optimism that quantitative easing will prevent a double dip and people will keep buying cars. It was only two years ago since the stock was trading at $3 and looking [...]
MARKETS NEWS November 29, 2010 CMC’S NEW CHARTING PACKAGES CMC Markets has announced the launch of a new charting software package for both demo and live spread betting accounts. The software allows clients to use professional real time charts to improve their trading. Line, candle, open-high-low-close and spread charts are all available, while clients can also use technical analysis tools [...]