UK investors split over Trump’s effect on market January 18, 2025 UK investors are split over whether Donald Trump’s return to the White House will be good for their portfolios, as analysts debate how the former president’s comeback will effect the market. Only 29 per cent of UK retail investors said that Trump’s return will be positive for their investments, compared to 31 per cent who [...]
Wall Street banks JP Morgan, Citi and Goldman Sachs report bumper profit January 15, 2025 Some of Wall Street’s biggest banks reported a surge in profit today on the back of a rebound in dealmaking and strengthening equity markets toward the end of last year. JPMorgan Chase, the US’s biggest lender, said profit had jumped 50 per cent to $14bn (£11.41bn) through the final quarter as its dealmakers and traders [...]
JP Morgan: UK policy credibility ‘coming under pressure’ January 14, 2025 Gilt yields, which reflect the cost of government borrowing, have increased significantly in recent weeks.
2025 Predictions for Apple, Microsoft, Tesla, and other tech leaders January 6, 2025 The Magnificent Seven group of leading tech companies: Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta and Tesla, gained a combined 63 per cent in 2024, building on 2023’s strong performance. Deutsche Bank revealed the group generated more profit in 2024 than most national stock markets. However, JP Morgan has projected their contribution to S&P 500 earnings [...]
Trump uses JP Morgan chief Jamie Dimon as ‘informal adviser’ December 1, 2024 Donald Trump has reportedly used JP Morgan Chase boss Jamie Dimon as a “sounding board” for policy ahead of returning to the White House. The Wall Street veteran has been in regular communication with Trump for months, including after his election victory, The New York Post reported. The “no-holds-barred conversations” are said to have centred [...]
Why asset managers are leaving climate groups November 25, 2024 The UK asset management industry was hit last week with another significant departure from climate-focused organisations, as Baillie Gifford dropped its membership of two ESG groups. The Scottish asset manager left both the Climate Action 100+ group and Net Zero Asset Managers initiative after it became embroiled in a months-long scandal over its sponsorship of [...]
Europe’s banks brace for tougher competition under Trump 2.0 November 9, 2024 Since early 2010, European banking shares have fallen ten per cent, while US lenders have more than tripled.
Meet the fund managers: Empowering growth in small UK companies October 21, 2024 In the final edition of this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Georgina Brittain, manager of the JPMorgan UK Small Cap Growth & Income How does your fund stand out from others in the same market? What really sets us apart [...]
Bosses at world’s biggest banks: Britain is ‘ready for investment’ October 14, 2024 Bosses at five of the world’s biggest banks, along with a host of insurers, private equity firms and tech giants, have backed a push to invest in the UK ahead of the government’s flagship investment summit today. More than a dozen executives signed a letter stating that they were optimistic about the future of the [...]
Four investment trusts closed last week. How many more will go? September 16, 2024 Last week, four separate investment trusts handed in their notice, announcing they would be shuttering. Aquila European Renewables, Ecofin US Renewables, Gulf Investment Fund and Keystone Positive Change, all said they would be liquidating, as the number of trusts on the London Stock Exchange continued to dwindle. The number of investment trusts has fallen to [...]