As UK and global markets face the unprecedented challenge of the coronavirus pandemic, Louise Kernohan, co‑manager of Dunedin Income Growth Investment Trust, advocates a focus on high-quality companies and the need for a long-term mind-set.…
European Equities: Back to School
September in the Northern Hemisphere tends to be the beginning of the new school year. This year there seems to be a large amount on the ‘curriculum’. Starting with Brexit, the temperature is rising as…
The Return of the “Unreliable Boyfriend” and Other Central Bankers
Stanley Druckenmiller is one of the greatest investors/traders of the last 40 or so years. He managed money for George Soros from 1988 to 2000, and was instrumental in the trade that broke the Bank…
What’s in a name?
Ben Kumar, Investment Manager, Seven Investment Management Have a look at this list: 1. Apple 2. Alphabet 3. Microsoft 4. Amazon 5. Berkshire Hathaway 6. Johnson & Johnson 7. Facebook 8. Alibaba Group 9. Tencent…
Chart-catching – Value vs Growth Stocks
The chart below displays the performance of Value versus Growth equities, set against the US 10 year Treasury yield. Value stocks are those which trade at a discount valuation to the market whereas growth stocks…
Deciphering the Message from the Bond Markets
This week’s report is a little shorter than usual due to both non work commitments and also a sense that our market views are slightly out of synch with what is actually happening. This occurs…
Pulling the Trigger on the Bullish Dollar Trade
It was quite a busy week with plenty of news flow, but also some very interesting price moves which have our attention. We have discussed the US Dollar a few times in recent weeks, and…
Tracking the economy
Ben Kumar, Investment Manager, Seven Investment Management In finance ‘footsie’ means something other than tangle-toed flirting. The FTSE 100 is the first stock index encountered by newcomers to the world of finance. It is often…
Protected: AIMing for perfection For Professional Investors Only
By Matt Cable. The UK stockmarket as a whole has performed very well over the last twelve months, despite the obvious disruption from the Brexit vote last June. A glance at the various indices shows…
It’s About Time That Markets Made Their Mind Up
The last few weeks have been frustrating as our core trades have struggled to make any real progress. Equity markets remain stuck in quite a tight range, as have core bond yields. When price moves…
The mixed messages are concerning
Ben Kumar, Investment Manager, Seven Investment Management When we look at the financial markets, the mixed messages are concerning. By extrapolating today’s low interest rate environment almost indefinitely into the future, quality government bond markets…
Where’s the clever money going? August 2017
July was a fairly quiet month in the markets, with most indices making some gains. The FTSE 100 has tracked broadly sideways during July and so far in August, wavering between 7300 and 7500. It…
Plus ça change: credit crunch 10 years on
Chris Darbyshire, Chief Investment Officer, Seven Investment Management Viewers of Paramount’s ‘The Big Short’, will remember a scene towards the end of the film when the US housing market is in freefall, mortgages are defaulting…
From Low Volatility to No Volatility
Just when we thought that it couldn’t get any worse for traders, markets have almost come to a standstill. Simply put, unless price actually moves, traders cannot make any money. And so it is with…
Five reasons to consider European equities For Professional Investors Only
The “United States of Europe” (USE) has been a work in progress since the end of World War II, when the region started the long, painful task of reunification and rebuilding. Now, with fallout from…
A Mini Wake up Call as we Head into Summer?
Having been far too one directional with exceptionally low volatility in recent weeks, it feels like financial markets received a slight jolt last week just as many will be heading off for summer vacations. Nothing…
Expect things to get a bit more difficult
Chris Darbyshire, Chief Investment Officer Can political uncertainty become so elevated that it affects a country’s economy? We are about to find out. British businesses, already dealing with the coming departure from the EU, must…
Now with Added Income
New dividend policy approved Shareholders of the Martin Currie Asia Unconstrained Trust have overwhelmingly voted in favour of the proposed resolution to allow payment of dividends from capital. The final dividend for the financial year…
Central Bankers’ Message to Markets
We have been bombarded by Central Bank speakers in recent days. What does it all mean; if anything at all? Do we need to change our thinking on markets? These are serious questions for investors…