Latest

Read more
UK Retail sales post middling April recovery

UK Retail sales post middling April recovery

By Master Investor

0 mins. to read

There was positive news for the retail sector, as sales rose by a better than expected 1.6% relative to March. However, the most recent three months’ sales were only up by 0.1% on the prior period, as underlying trends remained sluggish. Get the latest from Master Investor directly in your inbox – Sign-up HERE for…

Mellon on the Markets

Mellon on the Markets

By Jim Mellon

5 mins. to read

At no point in my life has tempus seemed to fugit more than now. This year is nearly half over. I am at my house in the Isle of Man, a glass-fringed old café, and the place is boiling. Is this climate change or just an early summer? Who knows, but all this extraordinary weather will undoubtedly…

Evil Knievel

Evil Diaries

Read more
Evil Knievil: I got caught out

Evil Knievil: I got caught out

By Evil Knievil

1 mins. to read

Well, I got caught out on Clear Leisure (LON:CLP). Somehow, I had got it into my head that there wouldn’t be yet another placing. So, I merrily went on tucking them away. So, you can understand my disappointment on learning of another placing – 63 million at 0.95p. I understand that this stock has gone…

Pigheadedness at large

Pigheadedness at large

By Evil Knievil

1 mins. to read

I was a bit surprised by a story in yesterday’s Sunday Telegraph to the effect that the total assets falling to be distributed by the administrators of Beaufort Securities was of the order of £500 million to £850 million but that the fee charged by PwC for this would be of the order of £100…

Equities

Read more
2 struggling retailers with turnaround potential
patat / Shutterstock.com

2 struggling retailers with turnaround potential

By Robert Stephens, CFA

2 mins. to read

Life as a retailer operating in the UK has been challenging in recent years. Consumer confidence has been negative since the start of 2016, with higher inflation causing household disposable incomes to decline in real terms. Shoppers have become increasingly price conscious, and this has created a growth opportunity for budget retailers. Alongside this, consumers…

Titon Holdings could be the stock to own if North Korea re-enters the fold
Mike Trukhachev / Shutterstock.com

Titon Holdings could be the stock to own if North Korea re-enters the fold

By James Faulkner

3 mins. to read

Far-sighted investors are assessing how they can position themselves to capitalise on any opening-up of the North Korean economy. I’ve stumbled across this Main Market listed company that appears to be the closest thing to a UK-listed play on this opportunity… Donald Trump is scheduled to meet Kim Jong Un in a historic summit in…

Trading

Read more
Where next for stock markets?

Where next for stock markets?

By David Jones

7 mins. to read

Given what we have seen in stock markets in recent weeks, it was easy to pick the topic for this month’s charting article. Volatility has jumped, world markets fell heavily – is it the beginning of the end of the long trend upwards for shares? A recent history lesson Let’s go back to where this…

Is the euro set to dominate the pound?

Is the euro set to dominate the pound?

By David Jones

5 mins. to read

Given the fact that you can barely watch the news today without the “B” word rearing its head, I thought it could be timely to take a look at the fortunes of the pound versus its nearest currency neighbour, the euro. The market convention is actually to quote this the other way around to what…

Economics & Markets

Read more
Mellon on the Markets

Mellon on the Markets

By Jim Mellon

5 mins. to read

At no point in my life has tempus seemed to fugit more than now. This year is nearly half over. I am at my house in the Isle of Man, a glass-fringed old café, and the place is boiling. Is this climate change or just an early summer? Who knows, but all this extraordinary weather will undoubtedly…

Should we be worried about the end of low interest rates? Maybe not…

Should we be worried about the end of low interest rates? Maybe not…

By James Faulkner

2 mins. to read

One big question mark hangs over the markets right now: What effect will the normalisation of monetary policy – by which we mean the gradual withdrawal of quantitative easing (QE) and an increase in interest rates – have on the global financial system and the economy? Many commentators, not least our very own Jim Mellon,…

Commodities

Read more
Rising risks could make these 2 gold miners more appealing

Rising risks could make these 2 gold miners more appealing

By Robert Stephens, CFA

2 mins. to read

The performance of global stock markets thus far in 2018 can best be described as ‘volatile’. The S&P 500, FTSE 100 and various other major indices have seen their price levels experience a rollercoaster ride in recent months. There are a number of reasons for this. Tensions in Syria have increased in recent days, while…

Strong year for global mining investment trust

Strong year for global mining investment trust

By Nick Sudbury

2 mins. to read

It has been a strong year for BlackRock World Mining (LON:BRWM) with a NAV return of 24% in 2017. The performance has been driven by the pick-up in global economic growth, and sentiment towards the fund is finally starting to improve after a significant write-down in 2013 dented investor confidence. If the economic recovery continues…

Funds & Investment Trusts

Read more
The new fund that invests in fast growing UK Fintech

The new fund that invests in fast growing UK Fintech

By Nick Sudbury

2 mins. to read

Augmentum Fintech (LON:AUGM) is a new London-listed investment company that was created to profit from opportunities in the UK and European Fintech sector. It will concentrate on businesses with innovative technologies that have the power to change the way we conduct our financial affairs and will distribute 50% of the realised gains made each year. AUGM…

The equity fund with the best risk-adjusted return

The equity fund with the best risk-adjusted return

By Nick Sudbury

2 mins. to read

The best way to assess the performance of an active fund is to look at its risk-adjusted return, which measures how much value the manager has added per unit of risk. Over the ten years to the end of December 2017 the top investment trust using this metric was BlackRock Smaller Companies (LON:BRSC), which was…

Brexit

Read more
Brexit: We are all Ultras now…

Brexit: We are all Ultras now…

By Victor Hill

13 mins. to read

The Brexit negotiations have entered a critical phase. Decisions made by both sides in the next three months will have long-term consequences. In a state of conflict, all sides become extreme. A modern English Civil War The classic schoolboy pseudo-history 1066 And All That asserted that, during the English Civil War, the Cavaliers were “Wrong…

The Customs Union or a Customs Union? Or just confusion?
Sergsta / Shutterstock.com

The Customs Union or a Customs Union? Or just confusion?

By Victor Hill

12 mins. to read

The British political class is riven with dissent over what type of Brexit is most desirable. This is because, after two years of Brexit argy bargy, few Brits really understand the issues – and least of all in the Labour Party. A discourteous proposition Last week Monsieur Barnier, the EU Chief Negotiator, threw a document…