Has value investing been disrupted?

Disruption is a major theme in stock markets today with companies such as Amazon and Uber challenging the traditional approach to their respective industries. Such companies are an example of so-called “growth” stocks, with investors attracted by their prospects for expansion and future revenue growth. Investors in “value” stocks, in contrast, focus less on a … Continue reading “Has value investing been disrupted?”

Why I’m backing a consumer comeback in Europe

Worries over slowing global growth and rising trade tensions hit European share prices hard at the end of 2018. While early 2019 saw a rally, there remains considerable scepticism over the prospects for the European economy and its listed companies. I think much of this scepticism is misplaced and the role of the European consumer … Continue reading “Why I’m backing a consumer comeback in Europe”

Is the FTSE 250 overlooked and misunderstood?

It may be the less well known of the FTSE indices but the FTSE 250 is the authoritative measure of UK-quoted mid cap companies. Often referred to as the market’s “second tier” it is the next most established tranche of companies quoted on the London Stock Exchange outside of the FTSE 100. The revenues of … Continue reading “Is the FTSE 250 overlooked and misunderstood?”

The changing face of world shares

How the composition of the S&P 500 has changed and how crucial the technology giants are to the bull market? The US market represents more than one half of the total quoted wealth in world shares. It is, however, a very different pattern of wealth holdings from previous decades, reflecting the huge changes underway in … Continue reading “The changing face of world shares”

Choosing assets for a portfolio

Asset allocation is central to creating a portfolio. The investor has to decide how much, if any, to have in shares, or bonds, or property. Those big picture decisions usually have the biggest impact on how much money you make or lose. At Charles Stanley we spend a lot of time and effort trying to … Continue reading “Choosing assets for a portfolio”