What s Happening?
There is a theme which I have followed for some years and it is showing no signs of stopping. It is the rise of the oriental consumer.
For we occidentals, the Far East is often seen as a luxurious holiday destination providing skinflints like me with the opportunity to buy excellent fake handbags.
These usually look impressive until examined by one s partner, who smells a rat.
Investing opportunity: The balance of global wealth has already started to change
Why Does It Matter?
The pandemic, as we know, emanated from China and spread rapidly throughout the region. However, having had previous experience of similar outbreaks such as SARS and MERS, the organisational efficiency of many eastern states was a wonder to watch.
After a bad year, many investors will be hoping for better luck in 2021. Will the rollout of a Covid vaccine trigger an economic recovery and a rebound in share prices, or is there more trouble to come on the stock markets?
Here, three City experts give their tips for the year. Each has given a recommendation for brave investors who are prepared to take a risk, and one for the more cautious.
As the last 12 months have reminded us in vivid fashion, shares can go down as well as up. Following tips always involves the risk of losing some or all of your money and it is a good idea to do your own research before investing.
Business leaders predicted last night the Brexit deal would unlock billions in investment and pave the way for the economy to bounce back from the pandemic.
The 11-hour trade agreement, once confirmed, will mean firms exporting to Europe no longer face the threat of tariffs from next week and have clarity on the rules they must follow.
Economists said it would also lift uncertainty that has been hanging over the UK and spur a surge of investment by entrepreneurs here and overseas.
Landed a deal: A fisherman hauls in his catch of crabs in a pot
Engine of the economy: A worker fits a wheel to a Mini at the BMW factory in Oxford
7IM launches passive multi-asset fund range
By Katey Pigden 15
th December 2020 12:31 pm
Investment manager and wrap provider 7IM has launched a passive low-cost multi-asset fund range called the 7IM Pathbuilder.
The company says the move will provide advisers with low-cost access to “deeply diversified” investment solutions, which is “critical” in current market conditions.
The range will comprise of three funds 7IM Pathbuilder 1, 2 and 3 – each with an annual management charge of 0.22 per cent.
7IM’s Pathbuilder funds will be available on the firm’s platform and will be accessible on third-party platforms “soon”.
The firm’s managing director of intermediary Verona Kenny says: “7IM has been a long-term believer in the utilisation of passive investments to provide simple, cost-effective and well-diversified solutions that can meet the varying needs of our clients.