ignore GDP stats and buy the dips
Old Mutual Global Investors’ Richard Buxton believes UK equities are in a new bull phase, forecasting the FTSE 100 could reach 7,300 points in 2014.
Old Mutual Global Investors’ Richard Buxton believes UK equities are in a new bull phase, forecasting the FTSE 100 could reach 7,300 points in 2014.
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Walker Crips Structured Investments is to be the plan manager for a range of four new structured products designed by Société Générale and available exclusively to UK intermediaries.
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The FTSE 100 has had its worst intraday fall since June, despite the fillip of a jump in retail sales.
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A quick look at the screens shows the MCSI World has climbed 22% year-to-date, the FTSE 100 up by 15% in the same period.
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If stock markets are driven by investor sentiment (what else?) then we are in for a rip-roaring second half of this summer.
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The first half of this year has seen stock market volatility increase, with many of the gains in some of the developed markets made in the first four or even five months pretty much wiped out.
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The business headlines last week were full of how volatile stock markets are as equities turned from black to red in a single trading day across the globe.
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The FTSE 100 climbed to a five-year high breaching 6,500 points this week; the problem is this is just as worrisome for some investors as were the lows of 2009.
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Members of the CFA Society of the UK have predicted the FTSE 100 will close 2013 at 6093, in just one of a range of asset class views to be collated by the organisation.
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The FTSE 100 has just disappeared through the 6000 mark and Gareth Evans suggests it will continue northwards towards 6600 by the year end thanks largely to domestically-focused small and mid-cap stocks.
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Meteor Asset Management has launched two new FTSE 100 and S&P 500-backed income products for UK investors.
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Meteor Asset Management’s latest Defesive Plan will make returns based on the performance of five stocks across different sectors in the FTSE 100.
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