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Budapest Stock Exchange sponsors Master Investor Show

Budapest Stock Exchange sponsors Master Investor Show

2 mins. to read

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…

3 different strategies to protect your capital

3 different strategies to protect your capital

3 mins. to read

The way the markets have started 2018 suggests that we have entered a new phase of heightened volatility with plenty of downside risk. Investors who are uncomfortable with this environment may want to protect their capital by increasing their exposure to some of the more defensively positioned funds. These use a variety of strategies to…

Brazilian stocks to shine in 2018?

Brazilian stocks to shine in 2018?

6 mins. to read

In 2017 global emerging markets stocks and currencies posted their best return since 2009. And even after this robust performance emerging markets continue to offer attractive investment opportunities as economic growth outpaces the developed world in 2018 (4.9% vs 3.3% forecast growth this year (Shroders)), current account deficits improve, political volatility moderates and structural reforms…

A bid on the way at William Hill?

A bid on the way at William Hill?

2 mins. to read

Until last weekend I summarised to myself that Barnier and Juncker’s line was that since we declined to be governed by them we’d have to pay them some money. But at the weekend Theresa May mentioned that it would be important for British expertise in resisting Islamist terrorism to be recognised (i.e. easing back on…

2 turnaround stocks trading on low valuations

2 turnaround stocks trading on low valuations

2 mins. to read

It may sound strange to talk about housebuilders such as Barratt (LON:BDEV) and Bellway (LON:BWY) as turnaround opportunities. After all, the two stocks are up 136% and 163% respectively in the last five years. However, in the last month their shares are 11%+ lower after the government announced potential plans to crack down on land…

Aberdeen Anguish
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Aberdeen Anguish

1 mins. to read

A day in the life of a fund manager: the chairman emailed early yesterday with the pithy advice that something had gone on at Aberdeen. Since he is a card-carrying, kilt-swirling Scot, I presumed that in that northern city they had run out of IrnBru. I let the matter slip.   But when the butler…

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

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…

Zuma should head straight to jail
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Zuma should head straight to jail

1 mins. to read

The SFO have formally charged Barclays over the dealings with Qatar about ten years ago. I asked a partner in the cleverest City major law firm as to whether there could be a defence for the directors’ conduct that by conducting themselves as they did they kept Barclays out of HM Treasury’s lifeboat. He said…

Who will be the next Carillion?

Who will be the next Carillion?

12 mins. to read

For many dividend investors, the demise of Carillion was a disaster. Not only did their portfolios lose an important source of income, they also saw a permanent loss of capital. It’s easy to see what went wrong with hindsight, and in the August 2017 issue of Master Investor I wrote about some of the key…