The deaths earlier this year of rock legends David Bowie, Ian ‘Lemmy’ Kilmister and Glenn Frey sparked renewed interest in pop culture and its long-term investment attractions. Does the guitar market offer the ultimate and most enduring value for would-be buyers of music memorabilia?
Globalisation is a highly contentious issue with many advocates and detractors. Nonetheless, throughout history, free trade has generally been good for prosperity, whereas periods of protectionism, such as those of the Corn Laws and Great Depression, have not.
In an age of quantitative easing, negative interest rates, low oil prices and limited spending, many investors could be forgiven for finding the global economy increasingly difficult to understand. We look at some of the driving forces and consider how best to respond to a frequently puzzling picture.
Financial planning is sometimes viewed as convoluted, with its complicated rules and ever-changing legislation and tax rates. There are, however, some simple steps that most individuals can take to organise their financial affairs more efficiently, as well as ’future-proofing’ against legislative and fiscal changes.
It is wise to be aware of the fast-changing ISA landscape and how it is transforming the way we save for and spend in retirement. Most of the innovations in the sector are to be welcomed, but are some of the more recent too far removed from the simplicity that made their predecessors so attractive?
Diversification has long been used to decrease investment risk by reducing exposure to a particular asset. It works within a single asset class — a portfolio of stocks is less risky than holding shares in one company — but can be more effective across different asset classes.
“Risk” is a multi-faceted concept that has come under increased regulatory scrutiny in recent years. That is not to say that risk is bad; however, it must be managed in a manner that fits an investor’s capacity for loss.
Evangelos Assimakos, Investment Manager
The last seven years have perversely been a difficult time to be a discretionary fund manager (DFM). Following the 2008 financial crisis, the world’s major central banks stimulated the global economy by cutting rates to zero and printed money in the form of quantitative easing.