Unilever and McDonald's shareholders have more to fear from tapering than do emerging market investors: Old Mutual
John Ventre, head of multi-asset management at Old Mutual Global Investors, argues that the ‘consensus is wrong’ in believing that the US Federal Reserve’s gradual withdrawal of monetary stimulus, known as tapering, will be bad for emerging markets.
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A group representing investors who lost money when the Arch Cru funds collapsed has expressed its frustration at the suspension of a court case that they have labelled as ‘pointless’.
Shares in discount retailer Sports Direct (LON:SPD) fell by 8 per cent this morning despite the company announcing increased profits.
Richard Buxton: Tapering will provide missing piece of jigsaw to deliver equity market returns (but avoid BP)
High-profile fund manager Richard Buxton has said that the gradual withdrawal of monetary stimulus by the US Federal Reserve, known as 'tapering', will provide ‘the final piece of the jigsaw’ to deliver stronger economic performance and better returns for UK equity investors.
The record levels of cash on the balance sheets of US companies will help to drive ‘double-digit’ returns in US equity markets in the coming year, despite the increased valuations at which many companies are trading, according to Joanna Shatney, head of large-cap US equities at Schroders.
Eurozone equities remain ‘unloved’ and thus are a buying opportunity, but the focus should shift away from equities that are exposed to emerging markets and concentrate instead on companies that derive more revenue from within the Eurozone itself, according to Jonathan Ingram, manager of the JP Morgan Europe Dynamic Fund.
The current boom in UK commercial property is the result of long-term structural changes, and not just another cyclical upswing in the in the property market, according to Richard Kirby, manager of the £900 million F&C Commercial Property Trust (LON:FCPT).
Investors should avoid 'mega-cap’ stocks across all developed markets, and increase their exposure to emerging markets, according to Phillip Saunders, manager of the Investec Diversified Growth Fund.
Stephanie Flanders, the former BBC economics editor who recently joined JP Morgan Asset Management as chief market strategist for the UK and Europe, has revealed that in 2014 she favours investing in emerging markets and Europe.
The gains made by key stock markets this year mean that 2014 will be a ’choppy sideways kind of year’ for investors in developed market equities, according to John Ventre, head of multi-asset management at Old Mutual Global Investors.
The likelihood is that US and UK equity markets will deliver gains in 2014, but the performance both asset classes achieved in 2013 is unlikely to be repeated next year, according to Andrew Goldberg, global market strategist at JP Morgan Asset Management.
There are precious few people out there at the moment who take a bearish view of stock market prospects, but for those who do fear a correction or a crash, a structured product has been designed to deliver gains even in the worst circumstances.
Black Friday is the Friday that comes after Thanksgiving Day in the US. It is named Black Friday because of the long-standing myth that most US retailers never hit profit before this point in the calendar.
Despite the announcement in the Autumn Statement that ETFs which are domiciled in the UK will no longer be liable for stamp duty when bought or sold, What Investment can reveal that not a single ETF will be impacted by the changes, nor will any individual UK private investor.
Despite an extensive consultation on the idea, and much anticipation from finance industry professionals, there was no decision in the Chancellor’s Autumn statement to abolish Child Trust Funds or merge them with Junior ISAs.
Tesco’s innovations in the areas of online shopping and the ‘click and collect' service are such strong positives that they outweigh the drop in sales reported by the company this morning, according to Alistair McCaig, market strategist at spread betting firm IG.
Mike Kerley, manager of the Henderson Far East Income (LON:HFEL) investment trust, has claimed that the doomsayers on China are being proved wrong.