Our insights

Prospects

Autumn Issue Twenty

In this issue
Editorial
JM Finn News

JM Finn nominated for award again

Company meetings
Companies we've met during the past quarter

Welcome
Welcome Autumn 2017

It would have been difficult to imagine two years ago that we would now have the real threat of a socialist government in this country should Mrs May slip up, and we have voted to leave the European…

Meet the manager
Edward Furness-Smith

Asset allocation in focus
Asset Allocation Focus

General interest
Property pearls

In the recent past, the well-trodden property path of a successful London-based professional would follow a fairly predictable route. A first-time flat in central London, upgrading to a larger first…

Stock in focus
Intercontinental Hotels Group

With more than 750,000 hotel rooms in 100 countries, Intercontinental Hotels Group is one of the largest global franchises today.

Collectives commentary
Investing for income: Data-dependent

Stock selection – analysing financial statements, meeting companies and understanding their markets and industries – is central to the Artemis Global Income Fund.

Economic focus
Life after Brexit

True, governments and consultancies run computer models designed to predict likely outcomes as a result of policy decisions, but we can never be certain to any reasonable degree what the future might…

Editorial
The Corbyn Rate

What interest rate would you charge to lend money to Corbyn? Imagine that Jeremy Corbyn managed to push Labour and its allies past the parliamentary majority of 321. What would happen to the UK gilt…

Guest editorial
Separating fact from fiction

Isn’t it extra-ordinary how America (the United States of) seems to dominate our every waking moment? If you measured the amount of air-time given this summer to reports from the US, particularly…

Understanding Finance
Understanding Finance
Compound Interest

Compound interest is, simply put, the addition of interest upon interest. For example, if in year one I was to place £10 on deposit, on which I were to receive 10% interest, at the end of year one my…

Editorial
Honey, I stressed the kids

Unfortunately, we have had a number of horrific events over the last six months or so which have rightfully featured centre stage; be they terrorist attacks or tragic incidents such as Grenfell Tower.…

Stock in focus
Rio Tinto

Not surprisingly, there is a strong correlation between Rio Tinto’s (Rio) fortunes and iron ore price.

Equity prospects

01.
Victrex

In 1993, Victrex was formed following a management buyout from Imperial Chemical Industries (ICI). They took with them their then patented product Polyaryletheretherketone (PEEK), a polymer that forms…

02.
Lloyds Banking Group

Under the backdrop of a zero interest rate environment, post financial crisis de-risking and restructuring alongside continued litigation, the UK banking sector remains unloved.

03.
Royal Dutch Shell

Shell point out the highly complementary overlap of BG Group, particularly in Liquefied Natural Gas and BG’s deep water assets in Brazil.