The drastic fall across global markets following president Donald Trump’s threats against North Korea are a sign of how pronounced downturns can be from lofty market highs, Rowan Dartington’s Guy Stephens says.
Pressure on the Bank of England to raise interest rates was handed another blow on Wednesday unemployment fell and UK earnings growth, while beating expectations, failed to outpace inflation.
Shareholders “flexing their muscles” over remuneration packages has led to an improving attitude among FTSE directors towards pay, but there is still “some way to go” on the issue, the Investment Association says.
Global fund managers are becoming increasingly bearish on corporate profits, with the amount thinking they will improve over the next 12 months falling to the lowest level since November 2005, according to the latest BofA Merrill Lynch fund manager survey.
The gap between stated and adjusted profit in FTSE 100 companies is at a 10-year high, according to AJ Bell which has raised fears firms are intentionally “muddying the waters”.
The picture for UK companies looks “murkier” despite them posting bumper profits in the last financial year, according to the latest data from The Share Centre.
Sanlam has removed four funds from its list of top-rated UK equity income funds – the White List – in its latest biannual study of the sector.
The global equity bull market has further to run, despite industry concern it has reached a peak, according to Charles Stanley.
Despite a murkier outlook for global inflation, there could be “positive surprises” ahead which make inflation-linked bonds an attractive diversifier, Fidelity International says.
The stand-off between US president Donald Trump and North Korea has led to a spike in gold and silver prices, with financial markets adopting a safety first attitude in the immediate aftermath of escalating tensions.
China was the best performing country last month, while momentum beat other factors like quality, MSCI has reported.
This Wednesday (9 August) marks 10 years since the global financial crisis began, the morning BNP Paribas finally halted redemptions from funds containing now-infamous CDO instruments. We take a look at six sectors to see where you would have been best placed to invest in the decade that followed.
