Ashtead hits record high on US tax reform hopes
The promise of US tax reform helped Ashtead, the equipment hire specialist hit a record high on Wednesday. Investors have yet to recognise how much a cut to US corporate tax could boost Ashtead’s...
View ArticleBe wary of record-breaking UK mid-caps
“We’re all doomed!” Sentiment toward UK mid-cap stocks channelled that catchphrase — from Dad’s Army, the BBC sitcom chronicling the wartime adventures of a parochial band of reservists — in the...
View ArticleEuropean Polls: why investors should hold their nerve
Elections in the Netherlands, France and Germany could upset markets but not rock Europe's longer-term economic recovery, say fund managers. Source link
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Egyptian pound surges on renewed investor appetite
Foreign investors are heading back to Egypt after the government implemented a string of politically sensitive reforms, helping drive the weak Egyptian pound up more than 10 per cent against the...
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Economic reforms boost appetite for Egyptian pound
Foreign investors are heading back to Egypt after the government implemented a string of politically sensitive reforms, helping drive the weak Egyptian pound up more than 10 per cent against the...
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China’s January credit frenzy masks debt pressure
February 16, 2017 by: FT Confidential Research Record credit activity in January signals growing credit risk as much as it does increasing confidence in the recovery. The People’s Bank of China has...
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Adviser Workshop: How to conduct due diligence on DFMs
Robert Dimbleby Paraplanner, Harrison Beale & Owen The ultimate goal for us is finding a discretionary fund manager (DFM) that is appropriate both for us and for the client. Do your research We...
View ArticleReverse Yankees fall on rising costs for US issuers
The number of American companies tapping Europe’s bond markets has fallen this year with rising relative borrowing costs on the continent weakening the case for cross-border debt. An extended rally in...
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It’s an issuer’s market in US corporate bonds
In US corporate bonds right now, it is an issuer’s market. Big beasts such as Apple, Microsoft and AT&T found so many wannabe buyers that they were able to supersize their multibillion-dollar...
View ArticleCoking coal groups wait on supply clues from Beijing
For a coking coal industry that enjoyed bumper profits last year off the back of a price rally that made it 2016’s best performing big commodity, Teck Resources’s chief executive summed up the...
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UK challenger banks in demand
Challenger banks such as Shawbrook were in demand on Thursday after Panmure Gordon argued that the sector’s sharp discount versus established peers was unmerited. Worries of an economic slowdown have...
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Adviser Profile: Russell Davidson of Davidson Asset Management
Russell Davidson has made Glasgow-based Davidson Asset Management (DAM) a frontrunner in providing employer pension schemes to the hospitality sector. What do hotel groups such as the Dorchester,...
View ArticleJames Henderson: my HOT story will narrow discount
Henderson Opportunities Trust (HOT ) is the smallest of the three investment trusts run by contrarian fund manager James Henderson (the other two being Law Debenture (LWDB) and Lowland Investment...
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Pensions savers urged to be vigilant on exit fees
Retirement savers using new pensions freedoms have been urged to be vigilant about the exit charges imposed by providers, ahead of a new cap due to come into force next month. Last year, the...
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US retailers struggle to come back into vogue
February 17, 2017 by: Eric Platt, US Capital Markets Correspondent A few seats away from starlets Adriana Lima, Amber Valletta and Diane Kruger in the salon at New York’s St. Regis hotel, buyers from...
View ArticleUnilever surges on Kraft Heinz's $143bn takeover bid
Update: Shares in Unilever (ULVR) have surged after Kraft Heinz (KHC.O) launched a sensational $143 billion (£115 billion) takeover bid for the consumer staples giant. Unilever jumped 12% to £37.50,...
View ArticleAccumulator: emerging markets stand tall in global rally
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View ArticleDixons board members sell down
February 17, 2017 by: Harriet Russell and Alex Newman, Investors Chronicle Since the EU referendum last summer, shares in Dixons Carphone have largely gone sideways. That is likely to be the result of...
View ArticlePound drops below $1.24 level
The pound fell below the $1.24 mark on Friday as the latest snapshot of the UK consumer raised questions about the brighter outlook for the British economy that has begun to take hold in the...
View ArticleInmarsat loses altitude over dividend worries
Satellite operator Inmarsat was a faller on Friday amid worries that its dividend could be jeopardised by sluggish growth at its shipping business. UBS downgraded Inmarsat to “sell”, which sent the...
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