magazine archive

magazine archive

Editor's View

The signs that investors wanted new CEOs at Lloyds and Aviva

Thursday 09 Jul 2020

A 3% jump in Lloyds’ ( LLOY ) share price upon news that chief executive António Horta-Osório is leaving next year would suggest investors are happy to see him go. While the broader stock market was up on the same day (6 July), the bank’s price movement was nearly twice the rise in the FTSE All-...

More companies set to reinstate earnings guidance

Thursday 02 Jul 2020

Many companies have withdrawn earnings guidance in recent months, leaving investors guessing as to how much money these businesses might be expected to earn. The way share prices have performed in general since March’s market low implies expectations are quite optimistic. We’re now getting the...

AO is the surprise retail winner of 2020

Thursday 25 Jun 2020

We’ve all been buying fridges, wine and sparkly tops this year, judging by how the market has rewarded certain retail stocks. There has been a lot of chatter about how alcohol sales have increased during lockdown, so it’s no surprise to see online specialist Naked Wines ( WINE:AIM ) become the...

Be prepared for more market jolts as the recovery rally comes under pressure

Thursday 18 Jun 2020

Markets have just experienced more than a week of declines (8-15 June) as investors worried about a second wave of coronavirus infections and deaths. While Donald Trump’s mooted $1trn infrastructure plan put a spark back into stocks on 16 June, the recent sell-off acted as a much-needed reality...

Volatility in the oil market looks set to continue

Thursday 11 Jun 2020

This year has proved to be one of the most volatile times for the oil market in living memory. In January the oil price hit $70 per barrel as tensions simmered between the US and Iran. Having then slumped on the hit to demand delivered by global lockdown conditions, US oil prices in late April...

Did you invest in any of these winners during the crisis?

Thursday 04 Jun 2020

Fund manager Peter Lynch once observed he wouldn’t invest in anything that he wasn’t able to illustrate with a crayon and a sheet of paper. What he really meant is that you shouldn’t put money into a business you don’t understand. We can all take this into our own investing by allocating cash to...

Discounted shares aren’t always a bargain

Thursday 28 May 2020

The decision by FTSE 100 companies Compass ( CPG ) and Whitbread ( WTB ) to let the general public take part in their gigantic fundraisings is significant for retail investors. Hundreds of companies this year have issued new shares at a discount to the market price in order to boost their balance...

Terry Smith: family-controlled companies are good for dividends

Thursday 21 May 2020

One of the biggest issues to affect households around the world this year is the reduction in income from dividend-paying investments. The effects will begin to be noticed in the coming months when many investors find they don’t get as much investment income as they used to, compounded by the fact...

The pandemic could have negative implications for the ‘E’ in ESG

Thursday 14 May 2020

According to communist leader Vladimir Lenin ‘there are decades when nothing happens, and there are weeks where decades happen’. It feels at the moment like we are very much living through a period where the latter is true. In this fast-changing situation it can be hard for investors to stay on top...

Shell has opened the floodgates for dividend cuts

Thursday 07 May 2020

Oil producer Royal Dutch Shell ( RDSB ) was meant to be the company that never disappoints when it comes to dividends. Sadly its decision to slash its payment by two thirds means other stocks effectively now have free rein to do the same. The drastic actions by companies to preserve cash have now...