Last Week in the City: Trump signs order for tariffs March 9, 2018 This week US President Donald Trump signed off on new tariffs on steel and aluminium imports, Trinity Mirror revealed plans to rebrand, and the European Central Bank took a further step towards ending stimulus measures. The FTSE 100 rose 1.9 per cent over the week by mid-session on Friday. Economics China will pursue annual growth [...]
PwC, Tesco, JP Morgan, British Science Association, NatWest, women in tech March 8, 2018 PwC is launching a new initiative today called Tech She Can, to get more women into technology-related jobs. The company is collaborating with 17 other corporations — ranging from Tesco to JP Morgan — to tear down barriers for women entering technology by creating what they dubbed a “tech talent pipeline”. Sheridan Ash, the PwC [...]
What are the risks associated with investing? March 8, 2018 We all take a certain amount of risk in life. An existence with no risk would likely be a rather boring one. But it always pays to learn about the risks we might face. Understanding risks helps us avoid them, or else manage our behaviour to try and control them. When it comes to investing [...]
Five reasons to invest in funds March 7, 2018 Save time Some investors are highly active and enjoy researching and choosing their own individual shares, bonds and other investments. However, it takes time and discipline to monitor the stock market in detail and react appropriately to company news. Collective funds such as unit trusts and investment trusts can offer a convenient solution. These spread [...]
Big fish: The seven largest types of institutional investors March 7, 2018 Say whatever you want about the world, but there’s never been a better time to be an end investor. Many things investment professionals fear — fee compression, automation, artificial intelligence (AI), and blockchain — benefit clients through higher account balances and lower fees. Asset owners are the largest of those clients. Though they are frequently [...]
US President Donald Trump has dropped down the rankings of Forbes’ annual rich list for 2018 March 6, 2018 Donald Trump has slipped down Forbes’ annual rich list for 2018 after his fortune dropped by an estimated $400m (£288m) to $3.1bn. The US President has dropped 222 places on the rankings to come in at 766. The top spot is taken by Amazon boss Jeff Bezos, whose fortune has surged to $112bn from an [...]
How doing nothing can increase your investment returns March 6, 2018 “It never was my thinking that made the big money for me. It always was my sitting…. My sitting tight!” – attributed to Jesse Livermore in Reminiscences of a Stock Operator (1923) by Edwin Lefèvre. There are plenty of worries in the world to scare investors at present. Can economies stand increasing US interest rates? [...]
Focus On Victoria: A £4bn investment has completely changed the area from dowdy offices to shiny penthouses and hip restaurants March 5, 2018 If the Queen’s getting a £369m refurbishment of Buckingham Palace, it seems only fair that the neighbourhood surrounding it should get a polish, too. £4bn should just about cover it, and that’s how much has been invested in the area by developer Land Securities over the last five years. Around £700m of that has gone [...]
RIT Capital’s ‘preservation mode’ lags strong market March 5, 2018 RIT Capital is an investment trust with a broad portfolio of assets. By owning a diverse range the overall aim is to beat inflation while limiting the ups and downs usually associated with investing in the stock market. Shares make up the core, represented by managed funds and some individual stocks, and this is supplemented [...]
Last Week in the City: Trump threatens trade war March 2, 2018 This week US President Donald Trump threatened a trade war, a number of famous high street names, including Toys R Us and Maplin, got into serious trading trouble and upbeat assessments of the US economy from central bankers helped the US dollar to rally, reversing its recent trend. The FTSE 100 fell 0.2 per cent [...]