uk
June saw a net retail outflow of £986 million – the first monthly outflow this year.In June, North American equity funds had a £657 million outflow, despite improved performance in the US market. This impacted on sales to tracker funds which dipped to £272 million inflows.Japan equity funds saw £227 million invested in June, the only equity region with inflows.UK gilts were the top best-selling sector for June.High Interest Rates Lead To Investors Pulling Out Funds“Investors pulled nearly £1bn out of funds in June as the macro-economic picture moved both sentiment and opportunity. Challenging ...
ValueWalk
On tomorrow’s expected Bank of England rate rise, Paula Higgins, Chief Executive of HomeOwners Alliance says, Bank of England To Raise RatesMost economists think the Bank of England will raise the base rate for the fourteenth consecutive time on Thursday, by 0.25 percentage points. Fingers crossed that a less aggressive rate rise will fuel better mortgage rates being made available to homeowners needing to remortgage. This trend has already started following better-than-expected inflation figures for June which led to some lenders reducing their fixed rate mortgages. We’d like to see more foll...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. More ECB HikesWhile the Fed is nearing the end of its rate hikes, it is perceived that the European Central Bank (ECB) will continue to raise key interest rates to 4% by September. The Financial Times issued an opinion piece criticizing “American exceptionalism” and pointed out that a soaring budget deficit is making the U.S. one of the most fiscally irresponsible nations. Specifically, FT pointed out that during the pandemic that the U.S. budget deficit tripled to more than 10% of GDP. FT is critica...
ValueWalk
‘Buy AI stocks’ has had a 341% search increase following companies’ race to adopt artificial intelligenceThe top five most googled stocks in the UK include Tesla, Meta and NVIDIAOnline Searches For The Term ‘Buy AI Stocks’ SurgePerhaps this will further challenge Tesla’s number one position as the most Googled S&P 500 stock in the United Kingdom. A new study has revealed the UK’s top five most Googled S&P 500 stocks. The study by UK financial services provider CMC Markets analysed Google data to establish the number of searches for each S&P 500 stock and its symbol in each UK area, determining...
ValueWalk
London, 11 July 2023: Mike Carrodus, CEO of Substantive Research, the research discovery and research spend analytics provider for the buy side, provides the following views and quotes regarding the Chancellor of the Exchequer’s speech at the Mansion House yesterday. BackgroundOne of the key recommendations allows the buy side to rebundle research and execution. Crucially, the review stipulates that regardless of whether the research is bundled or unbundled, there still needs to be transparency to end investors regarding research budgets, accompanied by efforts by the buy side to benchmark res...
ValueWalk
Confidence levels among hedge fund managers for the next 12 months fall slightly amid continued macroeconomic and geopolitical concerns Selecting the appropriate level of confidence, respondents are asked to choose from a range of -50 to +50, where +50 indicates the highest possible level of economic confidence for the firm over the next 12 months. When measuring their level of economic confidence, hedge fund respondents are asked to consider the following factors: their firm’s ability to raise capital, their firm’s ability to generate revenue and manage costs, and the overall performance of t...
ValueWalk
Entrenched Inflation In The UK“I think we need to take it back to Brexit, really. The fact that we’ve had this labor shortage has been quite a major drag on the economy, pushing wages higher. We have a shortage of workers. There’s no two ways about it. But the issue for me is that the Bank of England has also been rather late to react. They’ve been relying on pretty poor forecasting levels [and] they’ve not performed particularly well. Brexit, pushing up wages, has more impact on the UK because the UK has very low productivity levels. When you get low productivity levels, any wage hikes feed m...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Eurozone’s Economic ContractionIt appears that the eurozone may not be able to pull out of its recent economic contraction. The eurozone’s Purchasing Managers Index (PMI) in June declined to 50.3, which is a sharp deceleration from 52.8 in May and substantially below economists’ consensus estimate of 52.5. Any PMI reading below 50 signals a contraction. Even though the eurozone has had its GDP contract in the past couple of quarters, there was hope that the summer months would stimulate economic acti...
ValueWalk
The Bank of England is on the horns of a dilemma as the UK economy continues to struggle with double digit inflation, although it may not be as bad as was thought at the end of 2022. Analysts are predicting interest rate moves of between 25 and 50 basis points when the BoE and ECB meet separately on 2 February – but will it be what we expect? Q4 2022 hedge fund letters, conferences and more There will be the usual concerns about the impact on mortgage costs from another 50bps move. 5-year gilt yields have barely moved since the lows set back in November, although 2-year yields are currently hi...
ValueWalk
An extensive report by Yell into the use of artificial intelligence (AI) has revealed how consumers are engaging with the technology, and using it to interact with businessesThe report, which surveyed over 2,000 consumers and more than 1,000 UK business leaders also reveal the cities with the most AI-savvy residents – with Cardiff taking the top spotCompiled over 37 pages of in-depth analysis, the report also highlights the current challenges that AI technology faces, such as lack of consumer trustQ2 2022 hedge fund letters, conferences and more With AI-based household tech such as smart speak...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら