UK plc profits softest since 2008
Profits made by FTSE 350 companies have fallen 7.7% on a like for like basis to £1.44tr, according to the Share Centre’s Profit Watch UK report.
Profits made by FTSE 350 companies have fallen 7.7% on a like for like basis to £1.44tr, according to the Share Centre’s Profit Watch UK report.
TwentyFour Asset Management is planning to launch a UK residential mortgage investment trust to be managed by Ben Hayward and Douglas Charleston.
However you vote today, it is the direction of sterling – more so than markets – that could cause investors most concern over the coming weeks.
UK equity funds saw their largest ever net retail outflow in March, the Investment Association said on Thursday, as investors’ preference for continental Europe continued to grow apace.
Invesco Perpetual’s multi-asset team has found value in relative trades during the first quarter of 2015.
European fund selectors are increasingly allowing for the possibility that Greece will leave the Eurozone. How markets will react to a Grexit is another question though.
With the Nikkei 225 breaking through the 20,000 point level yesterday and Japanese stocks broadly having put on around 15% this year, many investors will be trying to ascertain whether that is as good as it gets or a sign of things to come.
Both the International Monetary Fund and the European Central Bank have made significant statements on global economic issues, with the former issuing a warning and the latter offering reassurance.
Bonds have hit their highest overvaluation levels for more than 14 years, according to a survey by Bank of America Merrill Lynch.
Greek ministers will this week present a list of reforms in an effort to appease the countrys creditors and release aid, a reminder that while the eurozone story has moved on fundamental concerns remain.
Investors concerned by eurozone political rumblings should seek protection via the US dollar, says Legal & General Investment Management’s Justin Onuekwusi
Bond yields are going to get progressively tighter as liquidity from ECB QE trickles down through sovereign and corporate debt markets, says TwentyFour Asset Managements Gary Kirk.