Who will be the winners from the UK’s lockdown lifting? City Talk The UK continues its steady emergence from lockdown. Shops, gyms and outdoor hospitality reopened in April, with hotels, cinemas and indoor dining now following suit. All being well, further restrictions could be lifted in June. The lockdowns of the last year have undoubtedly benefited online grocers and food delivery services. But we’ve reached a crucial [...]
How can investors access the UK’s industrial recovery? City Talk The UK has barely begun to edge out of its third Covid-19 lockdown but economic activity in some sectors is already racing ahead. While consumer-facing services businesses still await a return to “normal”, the industrial manufacturing and construction parts of the economy are recovering strongly. We can see signs of this in the CIPS/Markit manufacturing [...]
UK companies are cheap: the smaller the cheaper City Talk UK stocks have lagged their global peers, but is the stage set for a change of fortune? Many investors in UK stocks have looked on enviously at the super-sized returns that global stocks, and US stocks in particular, have been able to deliver over recent years. That all changed this month. As of 18 November, [...]
Can asset management’s Covid-19 response help regain public trust? November 27, 2020 The tenth anniversary of the Global Financial Crisis (GFC) back in 2018 sparked a deluge of articles recalling the days the financial system stared into the abyss. They questioned just how close we came to complete collapse, but also whether it could happen again. Had anything changed in the decade that followed? From some perspectives [...]
Think short-term for lockdown but not for investing November 25, 2020 The UK’s second lockdown means everyone’s winter plans have been torn up and thrown away. Even seemingly modest weekend activities – going to a museum, meeting a friend for lunch – are now off the table. As many of us learnt during the first lockdown, the trick is to focus on what is possible in [...]
The impact of coronavirus on dividends April 2, 2020 As UK banks temporarily suspend all dividend payments, we discuss the effect coronavirus could have on a vital source of income for investors. What’s happening to dividends? The coronavirus crisis and oil price war are having a profound impact on economic growth and the cash position of companies. Many businesses in the most affected sectors [...]
Is the financials sector priced for disruption? June 26, 2019 We think all industries are likely to be vulnerable to disruption in the coming years. We’ve seen it already in retail and media, for example, and this is likely to be a growing theme in markets for the long term. Financials, and banks in particular, are currently facing disruption to their business models. We can [...]
