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Investments

Obama plan reinforces SWIP’s conviction in infrastructure investments

Scottish Widows Investment Partnership's (SWIP's) recent analysis of the US market and president-elect Barack Obama's economic stimulus plan has reinforced its conviction in US infrastructure.

Investors await Obama stimulus package

Although the US recession continues to deepen, things are likely to improve towards the end of the year or early in 2010, according to Robert Siddles, manager of the F&C US Smaller Companies Trust.

Wave of financings could prompt further volatility

As the grip of the credit crunch tightens, many company balance sheets are considerably stretched and businesses will irrefutably face difficulties in refinancing their debt during 2009.

Sainsbury's flourish as M&S flounder

Angus Rigby, Chief Executive Officer, TD Waterhouse comments: The round-up of Christmas trading figures have proved to be a mixed bag. Much loved retail stock M&S seems to have lost some of its shine after announcing a 7.1% downturn in sales in its third quarter, resulting in the loss of 1,200 jobs and closure of 27 stores.

F&C Zircon Fund finishes first year with strong returns

F&C Zircon Fund has managed to deliver strong returns during its first year of trading, despite the tough market environment.

Barclays to close Defined Returns Plan early

Barclays Wealth is closing its best-selling Defined Returns Plan two weeks early and immediately issuing a replacement series following exceptional demand from investors keen to access fixed pay-off style conditional returns.

FSA confirms extension of short selling disclosure regime

The Financial Services Authority (FSA) has confirmed that it will extend its disclosure obligation for short selling of stocks in UK financial sector companies until 30 June 2009.

January sets the tone for UK share prices

The performance of UK shares in January is a leading indicator of how the UK stockmarket will perform over the rest of the year, according to new research by Halifax Financial Services.

Ethical bond fund provides shelter from the ‘financials’ crisis

While 2008 saw one of the toughest years on record for fixed income investors, F&C's Ethical Bond Fund, launched in October 2007, proved a resilient performance over of the last 18 months.

Barclays Stockbrokers launches US Supertracker

All eyes will be on the US this month as Barack Obama is inaugurated and following the rapid decline of the US economy in 2008, the US market is predicted to begin its recovery this year.

Ignis wins Asia Pacific mandate from Russell Investments

Ignis is delighted to announce that it has won a mandate to manage a US$100 million segregated portfolio of Asia Pacific (excluding Japan) equities on behalf of Russell Investments.

Leeds launches new fixed rate savings bonds

Leeds Building Society has launched a new range of fixed rate bonds for 1, 2 and 3 years that combine a competitive return of up to 3.75% gross p.a./AER, combined with instant access to 25% of the balance, without notice or penalty at any time.

Investors' flight to safety slows

The flight from equities continues, with over a quarter (28 per cent) of stock market investors saying they have moved some or all of their money into more cautious investments, such as cash or bonds, in the past six months, according to the third Investor Outlook report from Lloyds TSB Wealth Management.

Martin Currie UK Equity Income

Chetan Modi, fund analyst at Morningstar: This fund had a dire 2008, losing 35.24% on the year and falling squarely in the Morningstar large-Cap Value category's bottom quintile on the heels of a poor 2007 showing. That doesn't mean it's without merit, however. Indeed, there are good reasons to look beyond its recent sluggishness.

Tesco survive tough trading

Tesco became the latest supermarket to issue Christmas trading results. Graham Spooner, investment adviser at retail stockbroker, The Share Centre, comments on what Tesco's increase of just 2.5% means for investors in like-for-like sales: