Equities

Are these some of the most exotic ETFs around?

Are these some of the most exotic ETFs around?

7 mins. to read

In the last few years, passive index investing has grown significantly, as those involved in the investment business try to capitalise on the growing demand for alternative ways of building investment portfolios that bypass both the high fees incurred in active fund management and the knowledge (and money) required to build a well-diversified portfolio. At…

Restaurant Group could be hit by a ‘restaurant recession’

Restaurant Group could be hit by a ‘restaurant recession’

5 mins. to read

Although economic data suggests the UK economy has generally not been severely affected by the EU referendum, I expect a ‘restaurant recession’ to take place in 2017/18. The main reason for this is higher inflation caused by Brexit. Already, CPI is 1.8% and is expected to move to 3% or even 4% this year according…

Oil majors in the age of renewables

Oil majors in the age of renewables

0 mins. to read

The global oil and gas industry is experiencing one of the most severe downturns in 30 years. A perfect storm of overproduction, geopolitical tensions and the long-term move towards alternative energy sources (renewables) has caused oil prices to fall to levels that are often below the long-term break-even cost of production. Although the oil price…

Will SnapChat snap, crackle or pop?

Will SnapChat snap, crackle or pop?

4 mins. to read

– Post their IPOs, tech companies go through four phases: Euphoria, Pessimism, Optimism, and Realism. – Snap Inc is obviously in the Euphoria stage. – Price data of seven big tech IPOs show that most companies stay below their listing price in the first 180 days after IPO. The only exception from the companies analysed…

Pie in the Sky? The Economics of Space Travel

Pie in the Sky? The Economics of Space Travel

11 mins. to read

SpaceX hopes to take paying passengers into deep space next year. Is this a real business or an ego trip? An awfully big adventure Elon Musk announced on Monday (27 February) that his space company SpaceX has been contracted by two private citizens to circumnavigate the moon and return to Earth late in 2018. The…

Auto Trader has investment appeal ahead of Brexit

Auto Trader has investment appeal ahead of Brexit

4 mins. to read

Brexit negotiations will soon begin and I believe companies with large economic moats and defensive characteristics will perform well. An economic moat will enable improved financial performance versus sector peers during what may prove to be a challenging period for consumers and the wider economy. Defensive characteristics should help to further protect companies from the…

Is Direct Line a bargain after the profit warning?

Is Direct Line a bargain after the profit warning?

5 mins. to read

According to a range of headlines this week, car insurance premiums are set to soar. Normally, this would be great news for car insurers such as Direct Line (LON:DLG), but its shares slumped 7% on the news. The reason for this is a profit warning, brought about by a change to the discount rate which…

Searching for growth amongst AIM’s New Issues

Searching for growth amongst AIM’s New Issues

1 mins. to read

As I discussed in last month’s edition of Master Investor Magazine, AIM shares had a good year in 2016, with the FTSE AIM All Share Index rising by an impressive 14.2%. However, investors who got involved in AIM’s new issues did even better – although the two sets of performance statistics aren’t comparable directly due…