magazine archive
magazine archive
Editor's View
Can this former FTSE 350 superstar stock regain its mojo?
Thursday 31 Aug 2023Running the data on the best performing FTSE 350 stocks in the 10 years to September 2021, Liontrust Asset Management ( LIO ) sits in second place with a 3,180% return. It becomes the sixth worst performing stock when you delve into the index’s performance for the past two years. Are we at another...
How AI could lead to a big transformation in the hotels industry and other sectors
Thursday 24 Aug 2023In all the market sound and fury around AI (artificial intelligence) in 2023 there seems to have been relatively little attention given to exactly what impact a rapid adoption of this technology might have. The focus has largely been on the investment going into an AI arms race between the big...
Watch out: Chinese real estate worries are stalking the market once again
Thursday 17 Aug 2023How worried should you be about Chinese property developer Country Garden suspending trading in some bonds and potentially defaulting on payments? To many investors the fortunes of a single real estate firm on the other side of the world might not seem that material. However, Country Garden’s woes...
Small caps are really unloved but there are three big reasons this antipathy is misplaced
Thursday 10 Aug 2023Everyone hates small and mid-cap stocks right now. Their performance has badly lagged those of their larger counterparts in recent months. Seen as more vulnerable to the vagaries of the economy and without the scale and financial strength to withstand higher borrowing costs, investors have been...
Meme stocks are back into overdrive: it is best to avoid them
Thursday 03 Aug 2023Should we be worried that meme stocks are back in fashion? I think so. Traditionally associated with lower-quality companies, the fact traders are chasing these types of names could be seen as being top of the market behaviour, certainly for the US where returns have been very good in 2023. Big...
Reasons why investors would pay more to own a particular stock
Thursday 27 Jul 2023On 30 May, investment bank Berenberg published a research note on legal group DWF ( DWF ) saying it should eventually see a ‘significant re-rating’ as the company continued to deliver organic growth with improving margins. At the time, the shares traded on five times forecast earnings for the year...
Why fund managers stayed fans of a stock despite the falling share price
Thursday 20 Jul 2023Investors are often told to pay attention to what the market is saying. If a share price is falling, the market is clearly worried about something and you should find out why. But what if the market is wrong? Having conviction in a stock declining in value takes a lot of guts and determination...
The glaring flaw in Marks & Spencer’s Share Your Voice campaign
Thursday 13 Jul 2023Since the pandemic we have become increasingly used to interacting online. Work Teams or Zoom meetings have become a regular occurrence for office workers and video conferencing obviously served a social function when Covid restrictions were in place. Perhaps it’s not surprising then that Marks...
Renewable energy and infrastructure trusts: time for bids and mergers?
Thursday 06 Jul 2023It has been a tough few weeks for investors in Ecofin US Renewables (RNEW) , with its share price taking a hit from unwelcome news. A tornado damaged one of its wind farms which accounts for more than a third of its net asset value. Mice eating through cables at one of its solar farms caused...
The reason why Frasers wants to own stakes in so many retailers
Thursday 29 Jun 2023FTSE 100 retail group Frasers ( FRAS ) has its fingers in more pies than Pukka serves up at a Rotherham United football match. Over the past few weeks, it has unveiled investments in yet more listed retail companies. Before you think it has gone wild, there is method in its madness. In recent years...