magazine archive
magazine archive
Feature
Does Royal Mail owner International Distributions Services hold a 'hidden store of value’?
Thursday 02 Feb 2023Being a value manager often means taking a positive view on a stock which seems to be universally unloved and facing plenty of headwinds, which is certainly the true in the case of logistics firm International Distributions Services ( IDS ) . The FTSE 250 company, which recently changed its name...
Terry Smith reveals one of his biggest mistakes with Fundsmith Equity Fund
Thursday 02 Feb 2023Noted fund manager Terry Smith says one of his biggest mistakes is not to have invested in Apple (AAPL:NASDAQ) and Amazon (AMZN:NASDAQ) on the day of launching his Fundsmith Equity Fund (B41YBW7) in 2010. While both stocks now feature in his portfolio, he only invested in Apple in late 2022 and...
China versus India: What you need to know before you invest
Thursday 02 Feb 2023China’s abrupt Covid U-turn has created the best opportunity in years for Asia and emerging market equities to outperform developed markets on a sustainable basis. It is likely to be one of the select few major economies where growth could accelerate in 2023 as China, where equity market valuations...
Why a £100,000 limit on ISAs is a bad idea
Thursday 26 Jan 2023Last week the Resolution Foundation put forward a radical proposal. The left-leaning thinktank believes the maximum anyone should be able to build up in an ISA is £100,000. Its policy experts argued that too little is being saved and invested by low-income households leaving millions with little or...
Why InterContinental Hotels is turning investor heads
Thursday 26 Jan 2023Warren Buffett says the best businesses are ones that can sustainably grow without needing to raise extra money, and on this basis InterContinental Hotels ( IHG ) ticks the right boxes. The company is one of the world’s largest hotel businesses, operating brands such as InterContinental, Crowne...
Why real estate stocks could be a good bet for the medium term
Thursday 26 Jan 2023The severe tightening in financial conditions in the second half of 2022 caused commercial property values to fall at the fastest six-month rate on record. As a result of much cheaper valuations, investors are asking themselves whether now is a good time to start taking positions in listed property...
Emerging markets: Chinese reopening, a big renewables push and an earnings recovery
Thursday 26 Jan 20231. China dismantles its zero-Covid policies: The removal of almost all Covid-19 restrictions in China is resulting in a wave of infections, with up to 80% of people in urban areas contracting the virus. As the wave subsides, economic activity is expected to normalise. Durable goods and financial...
Why emerging markets could be on the cusp of a green revolution
Thursday 26 Jan 2023According to the United Nations Environment Programme Finance Initiative, emerging markets may need up to $1 trillion a year to build a net-zero economy. This is clearly a significant challenge but also brings significant investment opportunities and growth potential. Volatile energy prices in 2022...
Revealed: the big marker which is getting gold investors excited
Thursday 19 Jan 2023Gold enthusiasts are getting excited about the ‘golden cross’ which has just appeared on their technical charts. This happens when a short-term moving average of prices, say over the last 50 days, rises above a long-term moving average, say 200 days, and is often used by technical traders as a...
The other big dividend payers which might cut like Direct Line
Thursday 19 Jan 2023Insurance company Direct Line ( DLG ) sparked a more than 25% drop in its share price after announcing (11 January) it wouldn’t pay a final dividend due to poor trading which has put pressure on its balance sheet. Direct Line was hit by a combination of extreme weather and higher motor claims...