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Stockmarkets not effected by war in the Balkans

Contrary to popular belief the &#39Conflict in the Balkans&#39 has so far had little effect on the world&#39s stockmarkets according to Premier Unit Trust Brokers.

Premier says the old stockmarket adage to &#39buy on a war&#39 is historically incorrect. It says the adage was founded on the view that capitalism would reap the benefits of reconstruction after a war.

It points out how the Falklands, Vietnam and the invasions of Hungary, Suez Canal and Czechoslovakia had little effect on stockmarkets.

The Gulf War was different but that was because of the threat to the West&#39s oil supplies posed by Iraq.

The unit trust broker suggests Kosovo falls into the former category unless things go dramatically wrong.


Chase de Vere Investments publishes Isa guide

Chase De Vere Investments has published its first guide to Isa performance.The guide provides investors with guidelines on how to choose their first Isa and what to do with existing Pep and Tessa investments.It provides past performance tables for Isa-able unit trust, Oeic and investment trust funds. The performance statistics provide figures for return over […]

City designate July 6 as K day for Kosovo

The City of London firms are linking up with Save the Children in a special appeal for the children of Kosovo.The focus of the appeal will be Tuesday July 6 which has been designated &#39K day&#39 in the City.The charity is appealing for donations of unwanted foreign coins built up through business travel abroad to […]

Widows policyholders set for record payout

The Llodys TSB deal will see £0.8bn paid out to 1.6m eligible members with a further £4.9bn going out to 900,000 eligible with-profits members.Lloyds TSB is also paying £1.5bn out over time as &#34policy holder benefits&#34. Widows has recently attracted criticism over the levels of bonus its with profits policies have been paying out. Lloyds […]


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