How emerging markets have changed over the past 20 years November 8, 2018 | City Talk The transformation of emerging markets has been remarkable. The countries and companies that dominated 20 years ago have changed dramatically, influenced by the major geopolitical, economic and demographic changes that have taken place over this time. Navigating these changes can be complex, but these developments underline the importance of taking a flexible, active approach and [...]
Budget 2018: Austerity killed off – if a Brexit horror show is avoided October 31, 2018 | City Talk The 2018 Budget was brought forward this year to avoid a nightmare clash with the Brexit negotiations. It was clear from the Chancellor’s speech that he was keen to avoid a ghoulish backlash from any controversial announcements. Indeed, the majority of policy measures unearthed had been leaked to the press beforehand, leaving Philip Hammond with [...]
Brazil backs Bolsanaro: what next? October 31, 2018 The will and ability to reform Financial markets, at least, had been rooting for a defeat of the left-wing candidate Fernando Haddad, successor to former president Lula, on the basis of the very different economic policies espoused by the two candidates. Superficially, this seems odd given that Bolsonaro has repeatedly voted against reform and spoken [...]
Market falls: cause for alarm or calm? October 26, 2018 | City Talk Stock markets globally have been falling since the end of September. Economic worries including a potential trade war between the US and China, currency crises in Turkey and Argentina, debt problems in Italy and rising interest rates have seen stocks globally begin to fall from record highs. As the chart shows, since 31 August emerging [...]
The one-word secret of the greatest investor you’ve never heard of October 24, 2018 | City Talk Type a phrase such as ‘world’s greatest investors’ into Google and Philip Carret’s name is unlikely to crop up. And yet, as the following chart shows, for sheer longevity of success, he is one of just a handful of investors who can be mentioned in the same breath as Warren Buffett. That is why his [...]
Lloyds and Schroders sign £80bn joint venture deal October 23, 2018 Lloyds Banking Group and Schroders struck one of the City’s largest ever wealth management alliances this afternoon, joining forces in a multi-billion pound deal aimed at financial planning for wealthy customers. As part of the joint venture, Schroders will take on an £80bn investment contract from Scottish Widows, which is owned by Lloyds. Schroders, which [...]
Reading week picks: Will these two books make me a better investor? October 18, 2018 | City Talk For one whole week this summer, the value investment team I lead at Schroders held its inaugural Reading Week – all heading to our respective homes to read books. To be very clear, great care was taken to ensure no portfolios were left unattended and we could always be contacted. Nor, just in case you [...]
Schroders grows institutional assets, as retail struggles to keep up October 15, 2018 Schroders yesterday posted a 0.7 per cent increase in assets under management since the beginning of the year. The growth was fuelled by a 1.7 per cent increase in institutional assets, as total assets under management rose to £449bn. Read more: Lloyds to put £13bn wealth unit into joint venture with Schroders The rise in [...]
Sustainable investing is about making bigger profits, say the majority of investors October 9, 2018 | City Talk The majority of investors believe the main reason to invest sustainably is to make bigger profits, a major global study has found. The findings suggest investors increasingly believe that backing sustainable investments, those companies that are most focused on managing environmental, social and governance issues, will deliver better results rather than just be a choice [...]
Five charts that explain the case for emerging markets October 8, 2018 | City Talk Investors generally understand the importance of emerging markets in terms of their economic impact but, perhaps due to lack of knowledge, often struggle to know how best to reflect this in their portfolios. Those investors have ignored what are some of the world's best-performing financial markets since the turn of the millennium. What is more, [...]