DEBATE: Should we get rid of best-buy lists for investment funds following the Neil Woodford scandal? Should we get rid of best-buy lists for investment funds following the Neil Woodford scandal? Shaun Port, chief investment officer of Nutmeg, says YES. As the Financial Conduct Authority highlighted in its 2017 study, there are concerns around links between funds on so-called “best-buy lists” and the platform providers. The suspension of the Woodford Equity [...]
Trump will bring growth to the United States – but instability to global markets and trade Developments in the United States tend to drive global markets. We expect this to hold firm in 2017. This year I expect Trump will bring growth to America, but instability to global markets and trade. Donald Trump’s two key business appointments are aggressively pro-business. Treasury secretary Steven Mnuchin and commerce secretary Wilbur Ross both come [...]
Don’t panic: How to keep your head in volatile stock markets THE PAST month has been tough for financial markets. Despite strong economic performance in the UK and US, investors will have to get used to volatile markets, as growth in Europe and emerging markets continues to disappoint and the US Federal Reserve winds down its QE programme. September and October are typically bad months for [...]