Bill Gross's investment outlook
Bill Gross of PIMCO's investment outlook for August.
Bill Gross of PIMCO's investment outlook for August.
China slowing, not collapsing, and shares look attractive
The slowdown now underway in China should be seen as a normalisation of growth. It is unlikely to lead to a hard landing.
The slowdown now underway in China should be seen as a normalisation of growth. It is unlikely to lead to a hard landing.
Pru Global Basics Fund update
Risk-averse investors favouredstocks that are perceived as less volatile and this was beneficial for the Underlying Fund’s holdings in more cash-generative companies.
Risk-averse investors favouredstocks that are perceived as less volatile and this was beneficial for the Underlying Fund’s holdings in more cash-generative companies.
Schroder ISF GEM Opportunities update
The MSCI World index delivered negative returns in June as investors reduced risk amid fears that the global recovery was losing momentum.
The MSCI World index delivered negative returns in June as investors reduced risk amid fears that the global recovery was losing momentum.
United Gold and General Fund update
In June 2010, the United Gold and General Fund declined 0.8% as compared to the 1.74%2 fall in the composite benchmark index (70% FT Gold Mines Index and 30% HSBC Global Mining Index).
In June 2010, the United Gold and General Fund declined 0.8% as compared to the 1.74%2 fall in the composite benchmark index (70% FT Gold Mines Index and 30% HSBC Global Mining Index).
United Commodities Plus Fund update
The United Commodities Plus Fund was largely flat with a small decline of 0.89% in the second quarter of 2010.
The United Commodities Plus Fund was largely flat with a small decline of 0.89% in the second quarter of 2010.
A line in the sand
While the stress tests were perhaps too soft, they have provided a line in the sand. The European banking system appears reasonably well placed to withstand a conventional downturn.
While the stress tests were perhaps too soft, they have provided a line in the sand. The European banking system appears reasonably well placed to withstand a conventional downturn.
UK second-quarter GDP grew at fastest pace in four years
European equities rose last week as encouraging earnings reports and economic news overshadowed uncertainty about the results of the EU stress test, which were published after markets had closed.
European equities rose last week as encouraging earnings reports and economic news overshadowed uncertainty about the results of the EU stress test, which were published after markets had closed.
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