Times are tough but there's still money out there

Professional Adviser
clock

So much for the rush of patriotic buying in the aftermath of the terrorist attacks on the US. Panic,...

So much for the rush of patriotic buying in the aftermath of the terrorist attacks on the US. Panic, fear and, in some cases let's be honest, greed pushed the world's stock markets into one of their bleakest weeks ever. Dow Jones only missed having its worst-ever week by a whisker ' it was only worse during the depths of the 1933 depression. In the UK, meanwhile, one astute commentator pointed out it only need another 38 days like last week for the FTSE100 index to hit zero. Given the cocktail of emotions that followed the attack on the World Trade Center, perhaps it might be right to...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •