The UK stock market and the pound are already pricing in a mountain of political risk. Equities listed in London are under-owned by global investors and sterling is flirting with multi-decade lows. But, if Boris Johnson manages to get the election he wants, could a fractious campaign actually make things …
Read More »
In what parallel universe did it seem a good idea to appoint Kevin Loosemore, the top boss at battered software business Micro Focus, to be the chairman at De La Rue? Did anyone think investors at the bank-note group would be delighted at his arrival? And what about Micro Focus’ …
Read More »
Every August brings complaints about A-levels. The latest suggestion is that there should be a single national awarding body for schools examinations. This idea has been around for years: Michael Gove, for instance, considered nationalising exams. Complaints mainly seem to focus on the unreliability of results (manifested by high numbers …
Read More »
Momentum investing has begun to pay off again. In the second quarter my no-thought momentum portfolio (which comprises the 20 biggest rising stocks in the 12 months to March) rose by 4.3 per cent. In itself, this is only slight outperformance of the FTSE 350. But it is significant. Last …
Read More »