Artemis US equity manager Cormac Weldon finds US companies he thinks will thrive, even in challenging markets.
First-mover advantage is no guarantee of long-term success. Take Myspace. Once the world’s largest social networking site, it was eclipsed in user numbers by Facebook in 2008, just three years after being acquired by NewsCorp for almost $600m. In 2011 it was reportedly sold for just $35m. Could similar dynamics, on a smaller scale, be […]
UK inflation slipped into negative territory again in September, driven by the falling price of food and reduced motoring costs. The 12-month Consumer Prices Index inflation rate dropped to -0.1 per cent in September, down from 0 per cent in August. It is the second time the Office for National Statistics has reported negative inflation […]
Adviser consolidation firm Bellpenny has boosted its funds under management by £150m following the acquisition of two more advice firms. The deal to buy Cambridge-based advice firm Ashton KCJ Financial Planning adds £60m in funds to Bellpenny, while the acquisition of Horsham-basede Principals in Practice boosts FUM by £90m. The price paid for the two […]
With a 10 per cent return from his Global Income Fund in the first three months of 2015, Jacob de Tusch-Lec talks to journalist Alexis Xydias about the drivers and why he favours Europe and Asia over the US. Jacob believes European companies remain cheap and is still finding opportunities amid value stocks – in contrast […]
The head of Artemis’ US team explains why he is holding cyclical stocks (like semi-conductors) while also investing in growth (videogame producers, Amazon).
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I caught up with some industry friends for a couple of drinks the other week. Nothing new there, those of you who know me might say. Over evening drinks the three of us, who are all engaged, compliant business principals, sat and chatted through the issues we are all currently facing. Recruiting and retaining quality […]
The Government has outlined plans for post-Brexit financial services regulation in the UK to ultimately diverge from the European Union. Brexit secretary David Davis met with City leaders last week at Chevening, foreign secretary Boris Johnson’s country residence, the Financial Times reports. Davis told a breakout session for financial services that the UK would lose potential competitive gains from […]
Eastcote managing director Trevor Law on launching a new firm, rather than selling to consolidators