magazine archive


magazine archive

News

Investors warned to watch balance sheet strength

Thursday 28 May 2020

Investors are once again being warned to carefully vet potential company share purchases for balance sheet strength. A new study has shown that the average position on borrowings for FTSE 100 companies is worse now than during the credit crunch a decade ago. The financial health check report,...

Frontier Developments upgrades earnings guidance for second time

Thursday 28 May 2020

While most sectors of the economy have been coming to a standstill during lockdown, the gaming sector has seen a significant boost in business, driven by an increase in the number of people playing video games while stuck at home. On 20 May Frontier Developments ( FDEV:AIM ) upgraded earnings...

Consumer stocks rally on lockdown easing hopes

Thursday 28 May 2020

Hopes of a return to a ‘new normal’ saw consumer-facing stocks stage a significant rally as the UK announced plans for reopening of retail businesses. This news, combined with an update on another potential vaccine – developed by US firm Novavax – and a plan approved by chancellor Rishi Sunak to...

Why has the FTSE found it hard to push ahead in the past six weeks?

Thursday 28 May 2020

For all the talk of stock markets bouncing back from March lows, UK shares have only delivered marginal gains in the past six weeks. At 6,088 on 26 May, the FTSE 100 index was up just 5.1% since 14 April, despite some wild one-day moves. US stocks have performed in a similar fashion. While...

Vaccine progress lifts stocks as investors look for route out of crisis

Thursday 21 May 2020

The market mood is being lifted both by countries’ emergence from lockdown and from progress towards a vaccine for the coronavirus – offering a potential route out of the crisis. While historically vaccines have taken years to develop, events are moving fast as healthcare companies throw...

Scottish Mortgage makes herd avoidance plans

Thursday 21 May 2020

FTSE 100 investment trust Scottish Mortgage ( SMT ) has admitted that it needs to closely watch its largest holdings to maintain distance from index tracker funds. It has carved a gold-plated reputation with investors as an elite picker of growth stocks, controlling more than £10bn of assets. It...

Lindsell Train launches North American fund

Thursday 21 May 2020

In a sign the asset management industry remains active despite the current market volatility Lindsell Train has launched its first new fund in nearly a decade with Evenlode Investment separately moving forward with plans for a new product targeting global stocks. The LF Lindsell Train North...

Imperial Brands still offers 9% yield despite dividend cut

Thursday 21 May 2020

Cigarette maker Imperial Brands ( IMB ) has cut its 2020 dividend by a third as it tries to find ways to reduce debt pressures amid the coronavirus crisis and a poor showing for sales of its next generation vaping products. This represented the first time the company had failed to increase, let...

Big shake-up with fund managers at Invesco, Allianz and Marlborough

Thursday 21 May 2020

It’s been a week of big changes in the UK fund management industry with the departure of several high-profile managers including Mark Barnett from Invesco who has struggled with a long period of underperformance. The Invesco High Income (B8N46L7) and Invesco UK Income (B8N46V7) funds, which Barnett...

Markets welcome lockdown easing but Brexit is still an issue

Thursday 14 May 2020

UK markets have been largely on the front foot as investors embraced the Government’s first moves to ease the pandemic lockdown and restart business and the economy. Boris Johnson’s tentative measures will see many people who were unable to work from home and previously furloughed return to their...

Pages