The FTSE 100 rebounded 1.1% in early trading this morning, following its worst New Year opening in 16 years, as Chinese indices managed to stem falling share prices seen on Monday. The UK’s blue-chip index was up to around 6,160 points by 8.30am this morning, led by supermarket giant Tesco, which was up 4.6% to 148.8p,
The International Monetary Fund(IMF) has issued a series of warnings for markets when US rates eventually rise, cautioning they could cause emerging market corporate defaults and a loss of liquidity. According to the Telegraph, the IMF highlighted corporate debt in emerging markets has grown from $4trn in 2004 to $18trn last year, accompanied by weaker
John William Olsen, manager of the M&G Global Growth and M&G Pan European funds, examines the buying opportunities for high-quality companies. It shows how quickly markets have corrected that we are now weighing up European equities as a buying opportunity. While we can understand the reasons behind the August sell-off and the accompanying increased volatility,
The proportion of assets managed by independent managers in the UK has more than doubled over the past decade, according to the latest Investment Association(IA) annual survey. It revealed the proportion of assets run by independent managers has grown from 15% in 2003 to 41% in 2014. The number has also risen from 37% in
Market wobbles make you realise how little ordinary investors know about the markets, bringing to the fore the challenge we face as an industry to communicate, writes Lawrence Gosling. “You are looking very relaxed,” said the electrician I met on holiday. “Well, I am on holiday,” I said, as we sat in the pub watching
