Mindful News

Bonds

NS&I reduces rates on its variable savings products

7 February 2017

Bonds

NS&I is reducing interest rates on four of its variable rate products. It says this follows reductions in interest rates across the savings market after the Bank of England’s reduction of the base rate by 25 basis points, to 0.25% in August 2016. Variable rate changes will apply to premium bonds, Direct ISA, Direct Saver […]

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Foxton’s pre-tax profits fall 42%

29 July 2016

Bonds

Foxtons profits before tax fell 42% in the first half of 2016, from £18.1 million to £10.5 million, which the group blames on a slowing London property market, thanks to the EU referendum. However of the £7.6 million fall in profits, around £2.3 million is down to falling revenues, which is really the maximum hit […]

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Europe’s car sales have been staggering but where does Volkswagen stand?

15 April 2016

Bonds

Chris Bowie, partner and portfolio manager at TwentyFour Asset Management looks at the upbeat news for Europe’s car sales. Today’s press release from the European Automobile Manufacturers Association (ECEA) makes for fantastic reading.  March car sales across the European Union in March were staggering, rising +6% YoY, marking the 31st consecutive month of growth.  As the […]

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Rates on hold despite inflation blip but experts divided on future prospects

14 April 2016

Bonds

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment.  At its meeting ending on 13 April 2016 the MPC voted unanimously to maintain Bank rate at 0.5%.  The Committee also voted unanimously to maintain the stock […]

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Fixed income exchange traded products see record $43.8bn inflows globally

12 April 2016

Bonds

Global ETP flows reached $45.5bn in March according to Blackrock. This was a result of a surge of $32.9bn inflows into U.S. listed ETPs, and $5.6bn in European listed ETPs following the largest monthly fixed income flows on record. Fixed income set a new quarterly record, with $43.8bn of inflows generated. In March 2016, fixed […]

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High yield and emerging market sovereign debt look good value

11 April 2016

Bonds

Luca Paolini, chief strategist at Pictet Asset Management, explains the recent decisions to scale back exposure to local currency emerging market debt to neutral, maintain the over­weight stance on US high yield debt and why risky assets continue to look attractive. March saw investors rediscover their appetite for higher-yielding securities, with emerging market and specu­lative-grade […]

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