magazine archive
magazine archive
Editor's View
ASOS to leave AIM: why this matters to investors
Thursday 20 Jan 2022One of AIM’s biggest success stories is finally packing its bags and moving to London’s Main Market. Fashion retailer ASOS ( ASC:AIM ) will switch markets by the end of February and this event could potentially see a few other businesses do the same. AIM was set up as a market for young companies...
An antidote to New Year investing resolutions
Thursday 13 Jan 2022Traditionally the New Year is a time to set resolutions – whether it’s digging your running kit from the back of the drawer, learning how to play guitar for the first time in your 40s or quitting alcohol and sugar. The problem is these resolutions are typically consigned to the bin by the end of...
Some retailers might escape a January warning
Thursday 23 Dec 2021A dramatic drop in people visiting shops on the weekend before Christmas might not necessarily result in terrible trading updates from all retailers in January, though investors should not expect too many fireworks in the way of companies beating earnings estimates. Many people adhered to warnings...
Judging Dr Martens and Moonpig post-IPO hype
Thursday 16 Dec 2021One fund manager recently told me they would never invest in a company when it first joins the market, instead preferring to wait a year or so before considering it, even if it meant losing out on 10% or 15% of gains for ones that were successful. You often see companies list on a stock market...
Are income funds chasing stuck in the mud firms?
Thursday 09 Dec 2021‘(UK income funds) prioritise dividends over any other kind of return from a company and therefore by definition penalise growth.’ This powerful statement is from an article by Paul Marshall from asset manager Marshall Wace. Published in the Financial Times , it has stirred a debate on whether...
Don’t panic in the face of Omicron sell-off
Thursday 02 Dec 2021The FTSE 100 had its worst day of 2021 on 26 November as news of the Omicron variant spooked investors. The sell-off in UK markets was matched around the globe as investors reacted to the imposition of travel restrictions and the potential for future lockdowns to contain the spread of what could be...
2022 earnings forecasts in doubt amid parts shortage
Thursday 25 Nov 2021Austria imposing a full lockdown and Germany possibly following suit is not what the markets want to hear. Despite the ongoing rollout of Covid vaccinations, this pandemic is still raging on, and with it comes more disruption to consumers, businesses and the flow of goods. We’ve just seen what...
FTSE 100 on verge of full recovery from Covid crash
Thursday 18 Nov 2021The FTSE 100 is a whisker away from finally clawing back all the lost territory caused by the global market crash in February 2020. At the time of writing (16 Nov), the UK blue chip index traded at 7,343. It needs to rise by less than 1% to hit 7,403 which is where the FTSE stood on 21 February...
Changing consumer spending patterns matter for retailers
Thursday 11 Nov 2021Storms clouds are gathering for consumer spending. Thirty-six stocks in the FTSE All-Share index from the retail, travel and leisure sectors have underperformed the FTSE All-Share’s 2% gain over the past three months, according to SharePad data. In comparison, only 18 stocks from these sectors beat...
Why it’s so tricky to run a bank
Thursday 04 Nov 2021Is there a harder job in the corporate world than managing one of the UK’s big four banks? Barclays’ ( BARC ) current head of global markets CS Venkatakrishnan, or Venkat, for short is about to find out – subject to regulatory approval. Those last four words sum up the situation the sector has...