magazine archive
magazine archive
News
Stock market winners and losers from climate change
Thursday 12 Dec 2019Carmakers switching to electric vehicles and utilities moving to renewable energy could see their market values double in the next five years. That’s according to a study by Vivid Economics, commissioned by the United Nations-backed Principles for Responsible Investment (PRI). The research looked...
Japan’s public pension fund bans short-selling on ESG grounds
Thursday 05 Dec 2019Japan’s public pension fund GPIF, the largest in the world with $733bn of assets, will no longer allow shares to be loaned out from its global equity portfolio according to the Financial Times . Hedge funds and other investors who engage in ‘short selling’, betting that shares will fall, need to ‘...
Black Friday boost for retailers including Boohoo
Thursday 05 Dec 2019Despite expectations Black Friday could prove a damp squib early indications bode well for the UK’s hard-pressed retail sector. According to the latest BRC-KPMG Retail Sales Monitor, like-for-like retail sales increased by 0.4% this November when adjusted to take into account Black Friday and Cyber...
Good and bad: how the Tories and Labour could impact your wealth
Thursday 05 Dec 2019The general election date is nearing, and all the parties have pledged changes that will impact your personal finances. But how will each party’s policies affect your pocket? TAXES The Tory manifesto makes clear that they would raise the threshold at which you pay National Insurance from the...
Investors ‘may only see small UK market bounce’ on a Tory majority win
Thursday 05 Dec 2019The FTSE 250 index may only jump by 5% in a month if there is a Conservative majority after the forthcoming general election, according to predictions by Waverton Investment Management’s chief investment officer William Dinning. This may be viewed as a relatively small increase by many investors...
Activist investor accuses mainstream managers of ‘greenwash’
Thursday 05 Dec 2019Activist investor Chris Hohn, founder and manager of The Children’s Investment fund (TCI), has launched a broadside at the asset management industry for not forcing companies to act on climate change. He also accused BlackRock, the world’s largest money manager, of ‘greenwash’ for not requiring...
What are the prospects for oil prices and big oil firms?
Thursday 05 Dec 2019On 5 and 6 December oil producers’ cartel OPEC and affiliate nation Russia (often given the shorthand OPEC+) will meet to decide whether or not to prolong current production cuts beyond the slated expiration point in March 2020. The level of supply versus demand has a major influence over...
Octopus seeks £250m for new green infrastructure trust
Thursday 28 Nov 2019Demonstrating the buoyant state of the infrastructure market, Octopus Renewables Infrastructure Trust is seeking to raise up to £250m through a placing, offer for subscription and intermediaries offer and list on London’s Main Market on 10 December. Infrastructure and renewable energy trusts’...
What the Conservative and Labour manifestos mean for investors
Thursday 28 Nov 2019Markets for shares, bonds and currencies all seemingly paid little attention as the UK’s main opposition party published its most ‘radical’ election manifesto in decades. In the days following the publication of Labour’s manifesto on 21 November, the UK’s benchmark FTSE 100 index maintained its...
'Hope and liquidity' to return to junior mining, says veteran investor
Thursday 28 Nov 2019Shares in junior mining companies could experience a revival in the next two to three years as more money goes into exploration, according to veteran mining investor Rick Rule. Rule, chief executive of mining investment company Sprott, said decades of underinvestment from major mining companies in...