Andy Parsons, advice team manager at The Share Centre, explains why investors may wish to broaden their horizons and seek a UK fund away from the norm, such as the Standard Life UK Equity Income Unconstrained fund.
Bull and Bear: an optimistic and pessimistic view of investment news. Today’s stories include: Should you sell in May, and come back after the August bank holiday? Confidence dives. Double dip or not.BP sees more Russian troubles.Banks not owning up to Greek exposure. Companies in the news: Bunzl, Cupid, Afren .
A change in the Prospectus Directive brings new opportunities.
Last week saw a damp squib and an explosion. They both occurred at Jackson Hole, US. The damp squib was revealed by Fed Chairman Ben Bernanke. His speech had been much anticipated. Would he hint at more quantitative easing? Well, he may have, who knows? His speech was so long and ponderous, that it is a wonder anyone bothered to listen to a word. But if there was a hint, it was so subtle that no one picked up on it. In contrast, Christine Lagarde, new (ish) boss at the IMF, set off fireworks. And actually, I was pretty impressed; one idea in particular seems to be pretty radical. If it gains traction, it could fire a rocket up the markets and banks, and bring them out of their current mood, which seems to be little more than a desire for self-destruction.
Graham Spooner, investment adviser at The Share Centre, picks the world’s largest contract caterer Compass as his share of the week.
Sheridan Admans, Investment Adviser at The Share Centre takes a brief look at market indices and companies reporting this week.
As independent oil company Afren reports a fall in profits for the first half of the year Graham Spooner, investment adviser at The Share Centre, explains what this means for investors.
Bull and Bear: an optimistic and pessimistic view of investment news. Today’s stories include: Uncle Sam sees surprising lift, US worse than expected, but omens are good, Bank of America sells half of its stake in China, Business volumes fall