…as Fed steps in again November 3, 2010 Q.WHAT IS QE2? A. It is the Federal Reserve’s second round of quantitative easing after its initial asset purchasing programme of $1.7 trillion started during 2009 and finished in March this year. This time, the Fed has announced a smaller programme: it plans to buy up $75bn’s worth of assets each month until June next [...]
…as Fed steps in again November 3, 2010 Q.WHAT IS QE2? A. It is the Federal Reserve’s second round of quantitative easing after its initial asset purchasing programme of $1.7 trillion started during 2009 and finished in March this year. This time, the Fed has announced a smaller programme: it plans to buy up $75bn’s worth of assets each month until June next [...]
The housebuilder who is ready to take the long road back to recovery October 31, 2010 DESPITE the generally depressed state of the housebuilding and residential property market, Taylor Wimpey’s chief executive Peter Redfern says he is pretty pleased with business. But sitting in the boardroom of his London office, his mood appears more reflective than upbeat. “Prices are very stable at the moment,” says Redfern. “Stable is good for us. [...]
BUYING October 21, 2010 RUSSELL HUNT MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, I am a first-time buyer, please can you advise me on the buying process? A.Before you have found a property and agreed to buy, you need to make sure that you have your finances all in place. It is also really important to have your solicitor set [...]
Redrow calls for state help on mortgages September 9, 2010 THE head of housebuilder Redrow called on the government to take action over the sickly first-time buyer market in a bid to revive overall sales, after reporting better-than-expected annual results. Steve Morgan, the founder of Redrow who returned in a boardroom coup last year, described state intervention as a “no-brainer” due to low mortgage availability [...]
PROPERTY NEWS September 9, 2010 HAMPTONS RELEASES IPAD APPLICATION Hamptons International has this week become the first UK residental estate agent to launch an app for the iPad. The app allows you to view high-resolution photos and floorplans for properties and to pinpoint the location of properties on a full-screen map. You can also use GPS to search for properties [...]
PROPERTY NEWS September 9, 2010 HAMPTONS RELEASES IPAD APPLICATION Hamptons International has this week become the first UK residental estate agent to launch an app for the iPad. The app allows you to view high-resolution photos and floorplans for properties and to pinpoint the location of properties on a full-screen map. You can also use GPS to search for properties [...]
G20 PUTS FX MARKETS IN SHARP FOCUS November 3, 2010 DIRECTOR OF THIRD PARTY DISTRIBUTION, ETF SECURITIES CURRENCIES are currently very much in focus. Bizarrely, however, many investors shun direct currency exposure because they view currencies as being more volatile compared to other asset classes. This leads investors to play currencies through their asset allocation decisions rather than trading the foreign exchange markets directly. Indeed [...]
G20 PUTS FX MARKETS IN SHARP FOCUS November 3, 2010 DIRECTOR OF THIRD PARTY DISTRIBUTION, ETF SECURITIES CURRENCIES are currently very much in focus. Bizarrely, however, many investors shun direct currency exposure because they view currencies as being more volatile compared to other asset classes. This leads investors to play currencies through their asset allocation decisions rather than trading the foreign exchange markets directly. Indeed [...]
The housebuilding chief executive who can see clear blue skies ahead September 26, 2010 FOR A MAN who took over a housebuilder in the middle of a devastating financial and property crisis, David Ritchie, the chief executive of Bovis Homes, looks remarkably relaxed. But it is certainly fair to say the pain has eased in recent months for the firm, even though Ritchie remains in the middle of turning [...]