There is more to banking than just cash May 13, 2010 THE wealth management industry doesn’t seem like a natural fit for an entrepreneur. After years of building a business from scratch, why would you leave your hard-earned cash with a manager? But the industry is starting to directly target entrepreneurs and is actually tailoring packages solely for their needs. For example, Vestra Wealth set up [...]
Q&A: DATA SECURITY May 13, 2010 Q. I am a small business and all of the information I need is located on computers. How can I be sure it is safe? A. There are three main rules that every business should follow when thinking about making sure that all of their data is secure, says William Beer, PricewaterhouseCoopers’ director of OneSecurity. [...]
Fixed income ETFs or futures: the big debate May 12, 2010 WITH a sovereign debt crisis threatening to bubble over and corporate bonds regaining their popularity as companies strengthen their balance sheets, fixed income has once again returned to the forefront of investors’ minds as an alternative trade to equities. Traditionally, traders would turn either to the futures markets or to fixed income funds as a [...]
Access Islamic finance in the UK with an ETF May 12, 2010 THE last two years have shaken traditional western forms of finance to the core. Lax regulation combined with complex trading products proved to be a lethal cocktail and governments across the developed world are now picking up the bill for hefty bailouts. But should investors be looking at other financial models to invest their cash? [...]
THE TIPSTER May 12, 2010 ALTHOUGH the arrival of a new government did not see the FTSE 100 break immediately higher, there are nonetheless some clear suggestions in the markets that the cyclical UK-listed stocks are starting to gain favour at the expense of their defensive counterparts. In this case, any utilities stocks could find themselves coming under sustained pressure [...]
LISTED PRODUCT NEWS May 12, 2010 LEVERAGE YOUR RETURNS Seven new leveraged ETFs were launched by db x-trackers this week. Three of the ETFs will track daily leveraged short indices, while four will track leveraged long indices. The three short ETFs provide two times daily inverse exposure to leading G7 stock markets including Germany’s Dax, the Euro STOXX 50 and the [...]
Ash cloud dispersal boosts aerospace stocks while Tories spur defence firms May 12, 2010 AEROSPACE and defence stocks helped drive Britain’s top share index higher yesterday with investors relieved over the formation of a new British government. The FTSE 100 index closed up 49.24 points, or 0.9 per cent, at 5,383.45, having fallen one per cent on Tuesday. Rolls Royce, Cobham and BAE Systems helped boost the blue chips, [...]
Tech and industrial shares tick up on earnings hopes May 12, 2010 US stocks capped their best three-day run in 10 months yesterday boosted by technology and industrial shares, after Spain unveiled an austerity plan that reassured investors Europe was addressing its fiscal ills. Spain said it will slash civil service pay and cut public-sector jobs, just a few days after EU finance ministers approved a €750bn [...]
FTSE falls on uncertainty over Greek debt, government and Chinese inflation May 11, 2010 BRITAIN’S top share index fell yesterday as concerns over the Eurozone’s rescue package, monetary tightening in China and political uncertainty in the UK hit investor sentiment. The FTSE 100 index closed down 53.21 points, or 1 per cent, at 5,334.21, having gained 5.2 per cent on Monday after an emergency rescue package from the European [...]
Gold reaches an all-time high as Wall St suffers May 11, 2010 THE Dow and the S&P 500 fell in a volatile session yesterday as fears that a $1 trillion bailout for Europe won’t solve the region’s deep-seated problems blunted an improving US economic picture. In a session marked by little news and low volume compared with recent days, investors dumped stocks in afternoon trading as worries [...]