THERE’S SCOPE FOR GOLD TO RISE FURTHER November 17, 2010 SENIOR ANALYST, ETF SECURITIES THE allure of gold is unmistakable in the current economic environment. Its attributes as a store of value have historically attracted investors during times of financial and economic uncertainty, and as a counter to inflation and sovereign risk. While inflation still appears a long way off, gold is being viewed as [...]
THE TIPSTER November 17, 2010 THE majority of European airlines are staging something of a rebound after the recent sell-off, yet EasyJet has really stood out. It posted some decent earnings news earlier in the week and announced – as widely expected – the payment of its first dividend in 2012. Traders have been using the opportunity to sell down [...]
LISTED PRODUCT NEWS November 17, 2010 DB X-TRACKERS LISTS FOUR NEW ETFS Deutsche Bank’s ETF division db x-trackers announced on Monday that it had listed four ETFs in London that give access to key Asian emerging markets. These swap-based ETFs track the MSCI China, MSCI India, MSCI Malaysia and MSCI Thailand total return equity indexes. The all-in fees for the Malaysia [...]
FTSE 100 gains on the back of Experian and financials November 17, 2010 THE top share index closed higher yesterday, led up by Experian after robust first-half results, while strength was seen among banks which have been weighed down by concerns over Europe’s debt problems. Experian rose 6.3 per cent after the credit information group hiked its interim dividend and said it would look at ways of returning [...]
Wall St flat after late banks sell off November 17, 2010 IINVESTORS were unable to recoup recent losses in the market yesterday, suggesting the struggles recently experienced by stocks are far from over. A late-day selloff did not inspire confidence. Volume was light and early buying faded, as financials led the market downward. The S&P 500 is down nearly four per cent since 5 November after [...]
Five fast ways to jazz up your CV November 17, 2010 1. USE NUMBERS They quantify your achievements and people remember them, says Richard Maun in his book Job Hunting 3.0. Saying that you “saved money” or “improved the business” are meaningless. Saying that you “saved the company £200,000 a year” or that you “increased sales by 20 per cent” will grab the interviewer’s attention and make [...]
Business ethics: do the right thing November 17, 2010 CORPORATE PHILOSOPHER IN RESIDENCE In my work as a professional “Corporate Philosopher” I work with a number of global banks and other corporations, the public sector and government agencies in helping leaders and employees ask and answer the question, “Are we doing the right thing?” The challenges we face today are immense. We are all [...]
Irish bailout concerns hit FTSE hard November 16, 2010 BRITAIN’S top share index recorded its biggest fall in three months yesterday as concerns over Irish government debt and the prospect of another euro zone bailout dragged banking and commodity-related stocks lower. At the close the FTSE 100 was down 138.51 points, or 2.4 per cent, at 5,681.90, its biggest daily fall since 11 August. [...]
Worldwide uncertainty rocks Wall St November 16, 2010 US stocks fell nearly two per cent yesterday as the prospect of more European bailouts and worries China will rein in inflation prompted investors to abandon risky assets. One result was a slide in resource stocks, such as Alcoa, which fell 2.8 per cent to $13.03, and Exxon Mobil, which dropped 2.2 per cent to [...]
Steady income and performance to boost investment trusts’ popularity November 16, 2010 AFTER a decade in the financial wilderness, investment trusts are emerging, blinking, back into the mainstream. Tainted by the split-cap scandal at the end of the Nineties, investors have favoured their open-ended cousins for the past decade. Yet investment trusts have, on the whole, outperformed the FTSE All Share and the FTSE World ex UK [...]