The mini collapse in shares earlier in February must surely presage something more serious. In my excessively long experience of markets, the first shudder is rarely the last. Emollient words from inexperienced market commentators should be roundly ignored. This bull market is approaching the shadows of its duration and investors should make use of the…
The index of stock market volatility (the VIX) has gone from almost nothing to quite something. Market experts are donning their Hi-Viz safety apparel. Should we be worried? What are stock markets for? A nineteenth century economist would have answered the question by saying that they are a means of providing essential equity finance to…
The housebuilding sector has enjoyed a period of stunning growth since the financial crisis. It has been supported by demand-side policies from the government, as well as a continued lack of supply. This has meant that profitability and cash flow across the sector has soared. It has also allowed dividend payments to increase, with the…
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…
For many fund managers, the arrival of January means primarily one thing: the latest investor conference from the Société Générale team of perma-bear analysts, led by Albert ‘Ice Age’ Edwards. In fact, this description is somewhat unfair, given that Albert’s two bearish partners in crime, James Montier and Dylan Grice, have both gone on to…
Insilico Medicine, a Baltimore-based company specialising in the application of artificial intelligence for drug discovery, biomarker development, and ageing research has announced it will partner with Master Investor at the annual Master Investor Show. The event will take place on Saturday, 17th March, 2018 at the Business Design Centre, London. Around 5,000 private investors will…
I spent the bulk of Friday last attending Bob Catto and Jeremy Lyon’s old boys’ luncheon club, located on this occasion at the Naval Club hired by Hobart, their employer. I describe the boys as old boys given that the minimum age of those attending seemed to me to be at least 70. This was…
The last decade has been a rollercoaster ride for investors in the oil and gas industry. Just under ten years ago, the oil price peaked at $158 per barrel before falling sharply to trade at less than one-third of that level. A recovery in the period 2009-2014 was undone by a glut of supply. This…
The eurozone is humming with robust synchronised growth, right? So why has the biggest Wall Street hedge fund shorted European markets to the tune of $22 billion? A very big short Last week CNBC revealed that Bridgewater Capital, a Wall Street hedge fund with $160 billion under management, had taken out short positions on European…
Central and Eastern Europe’s second most liquid stock market added to Main Stage speaker line-up for Master Investor Show 2018 The Budapest Stock Exchange (BSE) has chosen Master Investor Show to make its first ever appearance at a UK retail investor event. London’s Business Design Centre will host the 16th annual Master Investor Show on Saturday…
