The recent cut in interest rates and additional Quantitative Easing (QE) announced by the Bank of England has helped stock and bond prices to rally sharply after the initial post-referendum sell-off. It is too early to assess the impact of Brexit on the UK economy, although survey data suggest that the decision to leave the…
Equity funds domiciled in the UK and mainland Europe have suffered their biggest client outflows for almost five years. The data compiled by Morningstar suggests that Brexit was the biggest shock to investor confidence since the Eurozone crisis in the summer of 2011. The figures from the Investment Association are even more dramatic with retail…
The surprise result of the EU referendum created a lot of panic selling and although most of the Brexit bargains have now recovered there are still one or two opportunities to pick up a good long-term core portfolio holding at an attractive entry level. A prime example is Fidelity Special Values (LON:FSV), a £500m investment…
It sounds a bit harsh judging a fund’s performance over a period of three weeks, but the analysis can provide a useful insight when the timeframe includes a critical event like the EU referendum. The data is particularly relevant for the Targeted Absolute Return sector, which investors rely on to deliver positive gains in all…
There have been some massive winners and losers since the result of the EU referendum was announced on June 24th. The main casualties have been UK-listed companies exposed to the domestic economy and their European counterparts, with the biggest beneficiaries being international businesses with dollar denominated earnings. It is highly likely that the political and…
As seen in the latest issue of Master Investor Magazine It is estimated that the number of older people in the world – defined as those aged 60 or over – will increase from 901 million to more than 1.4 billion over the fifteen years to 2030. By the end of this period they will…
The shock decision by the British people to vote to leave the European Union created havoc on the financial markets when the result of the referendum was announced on June 24. The two main casualties were the sterling dollar exchange rate and the FTSE 250 index that is dominated by domestically focused UK-listed companies. Those…
There was some interesting research published recently about the relative performance of shares and cash. Paul Lewis, the presenter of Radio 4’s Moneybox programme, compared the returns from a FTSE 100 tracker fund with the interest you could get by investing in the ‘best buy’ one year savings bonds. The traditional view is that the…
Investors with long memories may have been spooked by the recent activity in the Investment Association’s property sector. A number of fund providers, including Aberdeen, Henderson, M&G and Standard Life Investments, have switched from their normal offer price to the lower bid or mid price. This has reduced the value of these holdings by as…
As seen in the lastest issue of Master Investor Magazine Investing in companies that develop or utilise new technology can be a rewarding but risky business. If you had money in the markets during the run up to the dot.com bubble that burst so dramatically in March 2000, you will know exactly what I mean.…
