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News by: Gavin Lumsden

British American Tobacco stubs out FTSE rally

by Gavin Lumsden on Oct 22, 2014 at 10:32

The FTSE 100 falls as British American Tobacco reports lower sales. The pound declines as Bank of England minutes suggest an interest rate rise is unlikely before the election.

Hopes of ECB bond move boost stock market recovery

by Gavin Lumsden on Oct 21, 2014 at 17:20

The FTSE 100 sped 105 points higher on a report that the European Central Bank plans stronger action to avoid a depression.

Top Trusts: my quest for a small cap bargain

by Gavin Lumsden on Oct 21, 2014 at 11:26

Starting Citywire's investment trust portfolio as markets turned south last month was bad timing but I'm down, not out!

FTSE retreats but Tesco rises on bid hopes

by Gavin Lumsden on Oct 20, 2014 at 15:53

Tesco advances on reports that private equity bidders are eyeing the beleaguered grocer.

Why we're holding our nerve in the tech crash

by Gavin Lumsden on Oct 20, 2014 at 13:33

Walter Price of Allianz Technology Trust explains how he's looking at investments, including Apple and Alibaba, after a 10% drop in the fund's shares. 

FTSE rallies 1.5% but Rolls-Royce slumps on warning

by Gavin Lumsden on Oct 17, 2014 at 16:21

World markets extended yesterday’s turnaround but a profits warning from Rolls-Royce underlined the economic uncertainty.

What Woodford and other managers think of the crash

by Gavin Lumsden on Oct 17, 2014 at 15:50

(Update) Don't despair, say Neil Woodford and other fund managers. The crash is not a new financial crisis and the worst may be over.

What happened to bonds? Capitulation, that’s what

by Gavin Lumsden on Oct 17, 2014 at 13:23

Ben Lord of M&G says the crash in US treasuries on Wednesday says more about bond investors than the global economy.

FTSE falls then rises on US jobs and QE hopes

by Daniel Grote, Gavin Lumsden on Oct 16, 2014 at 18:00

A fall in eurozone inflation alarmed investors but markets recovered after a Fed official said US dollar printing could be extended.

Bob Geldof: invest in Africa, not China

by Rosie Sells, Gavin Lumsden on Oct 16, 2014 at 11:28

Musician Bob Geldof has urged UK pension funds to stop being ‘left out’ and invest in Africa instead of China.

FTSE tumbles as global growth fears grip investors

by Gavin Lumsden, Daniel Grote on Oct 15, 2014 at 17:03

Triple dose of bad news from the US sparks global growth fears. Shire shares hammered after Abbvie reconsiders bid.

Richard Pease quits Henderson, taking fund with him

by Gavin Lumsden on Oct 15, 2014 at 12:21

Richard Pease to take £1.2 billion Henderson European Special Situations fund to his new employer, Crux Asset Management. 

Investors bolt for bonds and Brazil as shares see red

by Gavin Lumsden on Oct 10, 2014 at 17:52

Our Accumulator table shows what a tough week and month it has been for share prices. Will a buying opportunity emerge?

Mark Barnett reveals trio of buys for Invesco funds

by Gavin Lumsden on Oct 08, 2014 at 15:57

Mark Barnett, the man filling the boots of Neil Woodford at Invesco Perpetual, has bought three new stocks across his army of funds.

Tesco rallies but FTSE falls after IMF cuts forecast

by Gavin Lumsden on Oct 08, 2014 at 09:58

Tesco rises on hopes it will sell its Dunnhumby marketing services business but FirstGroup falls after failing to win the Scotrail franchise.

Rio rebuffs Glencore as FTSE falls 1% on Ebola fears

by Gavin Lumsden on Oct 07, 2014 at 16:40

The FTSE 100 falls after a confirmed case of Ebola in Spain and weak data from Germany. Mining shares subside after Rio Tinto rejects a bid approach from Glencore.

Electra promises change after defeating Sherborne

by Gavin Lumsden on Oct 06, 2014 at 15:30

Electra Private Equity has defeated activist Edward Bramson but may have to cut fees and increase payouts to keep shareholders happy. 

The Accumulator: 10 points to keep your balance in rocky markets

by Gavin Lumsden on Oct 03, 2014 at 16:45

The FTSE 100 is firmly in the red, below its starting point in January, but there are positives.

FTSE rebounds as US jobs data cheer markets

by Gavin Lumsden on Oct 03, 2014 at 15:25

(Update) The US created more jobs than expected last month.

Pimco Total Return suffers record $23.5bn outflow

by James Phillipps, Gavin Lumsden on Oct 02, 2014 at 18:41

The departure of manager Bill Gross has prompted huge outflows from the Pimco Total Return fund raising fears of bond market mayhem.

 

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