China has caused a lot of anxiety this year. Investors were shaken by the devaluation of the renminbi by the People’s Bank of China in August, which raised fears of a ‘hard landing’ for its economy and knock-on deflation for the rest of the world. Yet China is far from over as an investment theme.
By Julian Chillingworth, chief investment officer, Rathbones
Yesterday’s Autumn Statement saw the Chancellor pull off a remarkable, career-reviving sleight of hand.
Rathbones’ in-house annual investment conference took place recently at our offices in London. With insights from an impressive range of external speakers from the technology sector, companies that have grown through the innovative use of technology, and specialist fund managers, we considered how technology is changing the way we live as well as the implications for investing.
Most people are aware of ISAs, but many don’t know how to get the most from them. It may focus your attention to know that the first ‘ISA millionaires’ have recently emerged – that is to say, investors who, through patience, regular saving and good fortune, have managed to amass over £1 million in tax-free savings. It is easier than you might think to reach this milestone, particularly after recent changes to the annual allowance.