BUSINESS SCHOOL NEWS IN BRIEF March 16, 2011 FS STILL NUMBER ONE It might not be the politicians’ favourite sector, but MBA graduates are still pretty keen on the financial services. In its 2011 Alumni Perspectives Survey GMAC (the Graduate Management Admission Council) says that 22 per cent of MBA graduates went to work in the financial services, up on 15 per cent [...]
Nuclear power falls as Vix gauge jumps March 16, 2011 US stocks sank for a third day yesterday as worries about Japan’s nuclear crisis escalated, and analysts saw more volatility ahead for the market. The S&P 500 fell more than one pe cent and was within a few points of turning negative for the year after the UN nuclear watchdog chief said the situation at [...]
Investors drop equities on continued Japan worries March 16, 2011 HEIGHTENED fears about the nuclear crisis in Japan saw investors shun equities yesterday, with falls by heavyweight commodity issues dragging Britain’s top share index lower. Banks were the biggest fallers, however, also under pressure as a downgrade of Portugal’s credit rating by Moody’s further unnerved investors. At the close, the FTSE 100 was down 97.05 [...]
Savers should utilise ISAs to beat inflation March 16, 2011 5 APRIL will be the last day this tax year to shelter your savings under an ISA. With stagnant wages and inflation biting into savings, holding savings in cash is not a good idea. Mervyn King will likely be sending letters to George Osborne apologising for high inflation for a while to come. The 2 [...]
More is demanded from sustainable investment funds than a fluffy image March 16, 2011 SUSTAINABLE investment, or socially responsible investment (SRI), has been on a rapid ascent for the last decade, but outside of providing dinner party credibility for the chattering classes wanting to appear to be doing the right thing, are SRI funds worth a look for investors who are concerned with returns and growth? For all the [...]
Taking a Sipp for greater control March 16, 2011 WHETHER it’s fine wine or a pension, you need to be a connoisseur to get the most from taking a sip. But while almost everyone will get some benefit from a sip of wine, the same cannot be said about self-invested personal pensions (Sipps). Much like an investment ISA, a Sipp offers a tax-free wrap [...]
FTSE falls to a 15-week low over Japanese nuclear fears March 15, 2011 BRITAIN’S top share index fell to its lowest closing level in 15 weeks yesterday as fears about a nuclear catastrophe in Japan prompted investors to shun risky assets. The FTSE 100 ended down for a fifth consecutive session, off 79.96 points, or 1.4 per cent, at 5,695.28, wiping nearly £21bn off the market. The index [...]
Fed update helps to limit Wall St’s losses March 15, 2011 US stocks fell one per cent but ended far from session lows yesterday on the Federal Reserve’s more upbeat economic view and growing sentiment that Japan’s nuclear crisis would only temporarily depress shares. In a second straight day of losses tied to Japan, the S&P 500 fell to within four points of support at 1,257, [...]
ABNORMAL YEN STRENGTH MAY NOT LAST LONG March 15, 2011 DIRECTOR OF CURRENCY RESEARCH, GFT IMAGINE a country with a debt-to-GDP ratio in excess of 200 per cent, faced with a massive natural disaster that leads to a nuclear emergency. The situation deteriorates further as a third of the country’s energy’s production is lost. Under normal conditions, that country’s currency would come under sustained selling [...]
FOREX ANALYST PICKS March 15, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short Aussie dollar-dollar, Short Aussie dollar-Canadian dollar Expertise: Fundamental and Technical Analysis with Risk Management Average time frame of trades: 1 day to 1 week The picture of risk trends and individual fundamental paths have blurred significantly this past week, following the devastating Japanese quake and the EU’s summit. [...]
