Just over a year ago, the phrase on everyone’s lips was ‘synchronised global growth.’ The global economy was starting to grow in lock-step for the first time since the start of the financial crisis, it was said.
Dividends from the Asia Pacific region have grown at twice the rate of the rest of the world, according to the new Henderson Far East Income Index.
Dividends from Asia Pacific excluding Japan soared by a total of 15.9 per cent in the 12 months to the end of July 2018, reaching a record-breaking £222.6 billion. This was more than twice the 5.5 per cent dividend growth estimated for the rest of the world.
The past decade’s bull market has made it hard to find investment trusts sitting on double-digit discounts. Almost every asset has performed well, and investors have piled in accordingly.
That’s proved equally true of the UK equity income sector, says Simon Moore, senior investment manager at Seven Investment Management (7IM). With investors’ hunger for yield and the sector housing some of the oldest, largest and best-known investment trusts in the industry, there has been no lack of interest.
Three years since the introduction of pension freedoms, pension withdrawals are at an all-time high. In the first three months of the 2018/19 tax year, savers withdrew a collective £2.3 billion from their pensions, an uptick of 50 per cent compared to the same period three years ago.
Every day it seems a mainstream fund announces a degree of environmental, social and governance (ESG) integration into its investment strategy,’ says David Osfield, manager of the EdenTree Amity International fund.
Amity, however, has had an ESG approach since its launch in 1999. Osfield adds: ‘This gives us a depth of experience, longevity and understanding. It is where the credibility comes from.’
August saw investors on our sister website interactive investor continue to pile into global trusts, particularly those with a heavy technology weighting.
August did not treat the blue-chip FTSE 100 index kindly. Made up of global companies and therefore tied to the fortunes of the global economy, the index was badly affected by several events over the month.
The rising profile of environmental, social and governance (ESG) focused investing over the past few years is no secret. Most major fund houses offer some form of ESG focused fund, or at least incorporate ESG screens into their stockpicking process.
Robo-advisers have seen triple digit over the past year as less confident investment newcomers opt for ready-made solutions.
The total assets under management (AUA) across robo-advice websites grew by 80 per cent over the past year, according to analysis from Boring Money. At the same time, customer numbers saw triple digit growth.
A tentative new trade deal between the US and Mexico has driven the US stock market to new highs.
The proposed deal will introduce new rules to disincentivise car manufacturers from relocating too much of their production chain from the US to Mexico, as well several other agreements on agriculture and renegotiation time periods.