With the FTSE at 5,000, a panicky overreaction is a long-term opportunity according to 7IM. Terence Moll, Head of Investment Strategy at the firm says: “Shutting borders and keeping people inside their homes hurts economic growth. People will buy less, sell less, and make less. And it feels extremely uncomfortable in the Western world to be told that we cannot do certain things.
A range of comments has greeted the news on the Bank of England’s announcement of an unexpected interest rate cut of 50 basis points down to 0.25 per cent, driven by the effects of the coronavirus epidemic.
Richard Pearson, Director at EQi, comments on the Bank of England's shock 0.25 per cent interest rate cut…
A tumultuous week for financial markets has seen the rapid spread of the coronavirus have a severe effect, with analysts predicting that if the outbreak turns into a full-blown global pandemic, it could be as bad as during the financial crisis, when global GDP fell by 0.5 per cent.
2019 was an active year for European stock markets, with some of them reaching record highs. Although almost every country in Europe has a stock exchange, only five are considered significant with assets of more than one trillion dollars.
London Stock Exchange and PrimaryBid sign commercial agreement to broaden access to equity offerings
PrimaryBid, an online investment platform connecting publicly listed companies with individual investors for share offerings, has formed a new strategic commercial venture with London Stock Exchange.
Negative sentiment and a move by overseas investors to shun the UK have pushed domestic equity valuations ‘back to the 90s’, according to RWC Partner’s Ian Lance.
Blue Ocean Maritime Income, a closed-ended company which intends to operate as an investment trust, is to launch an initial public offering (IPO) on the London Stock Exchange (LSE).
The IQ Chaikin US Small Cap ETF (CSML), a multi-factor equally weighted ETF built around an approach created by 50-year Wall Street veteran Marc Chaikin, has enjoyed a good opening run since its launch in May 2017.
Pan-European exchange Euronext has announced its results for the second quarter of 2018.