Each month, we put a senior fund or investment manager to task with tough questions for our I’m a fund manager series to find out how they manage their own money. We want to know where they’d invest for the next year – and next 10 years – and what pitfalls to avoid. We also quiz
US president Donald Trump has sparked a global market sell-off by launching a trade war. Mexico and Canada have received a one-month reprieve on 25 per cent tariffs on exports to their neighbour, but 10 per cent tariffs on the US’s economic rival China have gone ahead and prompted immediate retaliation. Trump has suggested tariffs
Tom Stevenson is investment director at Fidelity International. A £100 global market investment made in the week of the first Covid-19 lockdown in March 2020 would now be worth £230. The start of the pandemic was unsurprisingly accompanied by a stock market slump, and the size of the reward demonstrates the recovery since those lows.
Physical gold: Demand can be seasonal, such as for the festival of Diwali in India, and the Lunar New Year in China The gold price hit a record high of $2,531.60 an ounce on Tuesday on anticipation of a run of US interest rate cuts before the end of this year. The prospect has excited ‘goldbugs’,
A gold bar heavier than a double Big Mac sent shares in Artemis Resources Ltd a walloping 66 per cent higher this week. In imperial measurement terms, Artemis was able to gather enough gold from a bumper discovery at its Titan prospect in Pilbara, Western Australia, to produce a 10.4-ounce bar of gold. ‘We remain