Could the election hit your portfolio?

Theresa May is likely to increase her majority in today’s general election, although some outlier polls have suggested a hung parliament is a possibility. Here’s what could happen to markets. Charles Stanley is neutral regarding the outcome of the today’s campaign, but the polling and the commentary about the vote suggests a Conservative win with … Continue reading “Could the election hit your portfolio?”

Which stockmarket sectors have performed best over two decades?

We look at which UK stockmarket sectors could have grown your money the most over the last 20 years, and what their valuations are telling us now. When the stockmarket rises and falls the sectors within it can move very differently, especially in the short-term. Perhaps the best example was the dotcom boom and bust, … Continue reading “Which stockmarket sectors have performed best over two decades?”

Should I Stay Or Should I Go?

Investment sentiment continued to be dominated by political noise over the past month, with the French Presidential Election and Theresa May’s calling of a snap UK General Election taking over the front-page headlines from Trump and Brexit. The overall effect of the news-flow proved positive for global stockmarkets and the MSCI World index increased by … Continue reading “Should I Stay Or Should I Go?”

Trump’s first 100 days: how markets have performed

Is the “Trump bump” over? The surge in the stockmarket, the dollar and bond yields that welcomed Donald Trump’s arrival at the White House has shown signs of flagging as his first 100 days approaches. Donald Trump sailed into the White House on a wave of populist, pro-trade polices. He promised to spend big, create … Continue reading “Trump’s first 100 days: how markets have performed”

The Times They Are A Changin’…

It was a strange month for global stockmarkets, as March proved not too dissimilar to February in its outcome. With the exception of the US and Japan, which generally moved sideways, most equity markets moved higher. However, this was also echoed by government bond markets, with yields narrowing as investor ebullience over the Trump-driven reflation … Continue reading “The Times They Are A Changin’…”

Theresa May announces UK general election

This morning, UK Prime Minister Theresa May announced the government’s intention to hold a snap general election on 8 June 2017. Parliament will vote to set a date for the election tomorrow, needing a supermajority of two-thirds in favour to pass, although this is expected with the opposition leader Jeremy Corbyn having already welcomed the … Continue reading “Theresa May announces UK general election”

The Only Way Is Up…

February was a month of  universal price rises across Developed Market equities, higher risk Emerging Market benchmarks as well as safe havens such as lower risk bond markets and gold – making it difficult to see what was the key themes motivating investors. Surely something has to give? On one hand for equity markets it … Continue reading “The Only Way Is Up…”

European politics: how real are the risks?

The result in the Dutch election has been a relief to markets all round. As it was Far-right candidate Geert Wilders made only a relatively small impact, with his PVV winning fewer seats than it achieved in 2010. This begs the question, are markets making too much of the risk of populism in Europe? Of … Continue reading “European politics: how real are the risks?”

How big was the global Trump rally – and where does it leave valuations?

The prospect of a Trump presidency has fuelled a rally in stockmarkets. Schroders experts explain why and look at the latest valuations.  Stockmarkets rarely rally in the face of political and economic uncertainty. The combination of Brexit, Donald Trump’s election, the return of inflation and prospect of higher interest rates would normally undermine demand for … Continue reading “How big was the global Trump rally – and where does it leave valuations?”

Will 2017 be as good as 2016?

It is unlikely 2017 will offer as clement an investment climate as 2016, but the outlook is still upbeat. As the New Year dawns, investment managers have some sense of relief if they can report decent positive returns for the year just ended. 2016 was generally a good year for UK investors. UK bonds produced … Continue reading “Will 2017 be as good as 2016?”

Are world stockmarkets good value going into 2017?

Global stockmarkets have seen a turbulent year, but surprised many with the resilience shown after the Brexit vote and the US presidential election result. Both the US and UK markets are significantly ahead of where they started the year, as is Japan, although Europe – which faces a series of major elections in 2017 – … Continue reading “Are world stockmarkets good value going into 2017?”

The euro on the ballot paper?

What impact will the looming elections in Europe have on the euro and the markets? Revolts against the political establishments of advanced countries are becoming commonplace. The Brexit and Trump decisions have so far been positive for shares in the UK and US, despite big doubts and unhappiness for many in markets on the news. … Continue reading “The euro on the ballot paper?”

How low rates affect stockmarket returns

History offers lessons on how low rates – and equity market valuations – might affect returns. The world has been living with low interest rates for eight years but such periods are not new. Both the US and UK saw rates below 1% for most of the two decades spanning the Second World War, while … Continue reading “How low rates affect stockmarket returns”

A tale of two visits

John Redwood, Chairman of the Investment Committee at Pan Asset takes a look at the Indian and Chinese stock markets. On the 20th October the President of China Xi Jinping will arrive in London for a state visit. The guest of the Queen, there will be a grand banquet at Buckingham Palace, and business meetings … Continue reading “A tale of two visits”