Hargreaves Lansdown

Investment Update: Hargreaves Lansdown Cuts Fees on ISAs

Credits: Tech Daily/ Unsplash

Hargreaves Lansdown cuts fees on selected ISAs, reports Forbes.

13 March: Competition Sees Charges Removed and Reduced

Hargreaves Lansdown is no longer charging fees to hold investments and trade online in its Junior Stocks & Shares ISA (JISA). It has also reduced its platform fee for Lifetime ISAs (LISAs).

It is the latest provider to trim its fees against a backdrop of fierce competition among investment platforms to attract DIY investors.

Existing and new JISA...

https://mfame.guru/investment-update-hargreaves-lansdown-cuts-fees-on-isas/

Stocks weak overnight in US and Asia, Fed turns increasingly hawkish and UK Retail Sales fall by more than expected in March

22 April 2022 – Comment from Steve Clayton, HL Select Fund Manager:

“Stocks were weak overnight in the USA and Asia. Once more Tech shares led the way lower, with the Nasdaq Composite index losing 2% in value, whilst the broader S%P 500 index lost half that much. Tokyo saw the Nikkei index slide 1.6% with a similar fall in Australian stocks. Futures markets are indicating a bumpy start to trading in Europe.

Rising inflation is undermining bond prices – the yield on UK 10 year government bonds has...

https://allaboutshipping.co.uk/2022/04/22/stocks-weak-overnight-in-us-and-asia-fed-turns-increasingly-hawkish-and-uk-retail-sales-fall-by-more-than-expected-in-march/

Rentokil 1st quarter trading update – sales grow after raising prices

Steve Clayton, fund manager of the HL Select UK Growth Shares fund

Rentokil Initial has released a trading update covering the three months to end-March. The group’s sales grew by 1.8% to £722m. Strip out the extraordinary contribution from Covid-related disinfection revenues in the prior year and the underlying growth rate was 12.3%. The group was able to recover all of its input cost inflation by raising its own prices, achieving organic revenue growth of 8.0% in the process. The large...

https://allaboutshipping.co.uk/2022/04/21/rentokil-1st-quarter-trading-update-sales-grow-after-raising-prices/

Market Report – US and Europe markets up while Netflix hits the headlines for the wrong reasons

Steve Clayton, HL Select fund manager:

“Stock markets were strong in the USA last night, with the S&P 500 index rising 1.6% and the tech-heavy Nasdaq index jumping 2.2%.

Japan’s Nikkei index rose 0.9%, but the Hang Seng index in Hong Kong dipped 0.3%, taking the lead from a 1.4% slump in the Chinese market.

In Europe markets are trading slightly firmer, with the UK’s FTSE 100 index up 3 points to 7604 in early trade.

Netflix hit the headlines for all the wrong reasons when it released results after...

https://allaboutshipping.co.uk/2022/04/20/market-report-us-and-europe-markets-up-while-netflix-hits-the-headlines-for-the-wrong-reasons/

Markets remain subdued as Ukraine-Russia tensions escalate, and global growth forecasts are trimmed

Sophie Lund-Yates, Lead Equity Analyst at Hargreaves Lansdown

·    Ukraine-Russia tensions escalate as Ukrainian President Volodymyr Zelensky says a large-scale Russian offensive is under way in the eastern Donbas region

·    The World Bank estimate for global growth in 2022 has been trimmed to 3.2% from a January prediction of 4.1%

·    Growing concerns over Chinese lockdowns and slowing global growth means Hong Kong stocks fell steeply. S&P500 and The Nasdaq showing muted reactions so far

·    The...

https://allaboutshipping.co.uk/2022/04/19/markets-remain-subdued-as-ukraine-russia-tensions-escalate-and-global-growth-forecasts-are-trimmed/

Elon Musk offers to buy Twitter

Elon Musk offers to buy Twitter

Sophie Lund-Yates, Lead Equity Analyst, Hargreaves Lansdown:

“Elon Musk’s unsolicited offer to takeover Twitter has shocked the market. However, the move shouldn’t come as too much of a surprise in reality, when his decision not to take up a seat on Twitter’s board strongly suggested a takeover was in Musk’s thoughts. The move has been positively responded to by Twitter’s shareholders, but there are plenty of hurdles to clear before anyone signs on a dotted line.

Elo...

https://allaboutshipping.co.uk/2022/04/14/elon-musk-offers-to-buy-twitter/

Markets open slightly weaker across the UK and Europe

Steve Clayton, HL Select Fund Manager:

“Markets have opened slightly weaker this morning across the UK and Europe, despite a strong session on Wall Street last night that saw the tech-heavy Nasdaq market lead the way with a gain of 2.0%, almost double the pace of the wider S&P index, which pushed 1.1% higher.

Asian markets took the cue from the States, with Japan’s Nikkei index rising by 1.2% and gains too in Australia and Hong Kong.

Back home though, caution rules; FTSE 100 was trading 13 points...

https://allaboutshipping.co.uk/2022/04/14/markets-open-slightly-weaker-across-the-uk-and-europe/

Look ahead to FTSE 350, other companies reporting & economic events from 18 to 22 April

  • As always, subscriber growth is the one to watch at Netflix
  • Can Nestlé keep volumes growing despite having to raise prices?
  • There’ll be a focus on what supply chain disruption means for Tesla
  • We’ll see if Heineken’s premium and non-alcoholic offerings can keep up the momentum
  • ONS Retail sales data is expected to show a slowdown in activity as lockdown savings are used up

Netflix, Q1 Results, Tuesday 19 April

Sophie Lund-Yates, Equity Analyst

“The market didn’t react kindly when Netflix lowered...

https://allaboutshipping.co.uk/2022/04/14/look-ahead-to-ftse-350-other-companies-reporting-economic-events-from-18-to-22-april/

Hidden gems in the Japanese stock market – 3 funds to consider

A look at the Japanese stock market and three fund picks:

  • iShares Japan Equity Index – low-cost, broad exposure to the Japanese stock market.
  • Man GLG Japan CoreAlpha Equity – focused on value investing.
  • FSSA Japan Focus – invests in companies that are dominant in their industries.

Josef Licsauer, Investment Analyst, Hargreaves Lansdown:

“Japan is the world’s third largest economy and boasts one of the largest stock markets in the world. It’s also home to some of the best-known companies on the...

https://allaboutshipping.co.uk/2022/04/13/hidden-gems-in-the-japanese-stock-market-3-funds-to-consider/

Super-hot inflation unsettles markets and oil marches back up on Ukraine fears

Susannah Streeter

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’After another super-hot reading of prices, consumers and companies are bracing themselves for a fresh squeeze on their budgets, as there is little sign of the inflationary pressure cooker cooling off just yet. The only way is up for inflation, with the UK snapshot for March coming in at 7% and in the US the CPI reading hitting a 41 year high at 8.5%. The steepest rises in a generation have unsettled...

https://allaboutshipping.co.uk/2022/04/13/super-hot-inflation-unsettles-markets-and-oil-marches-back-up-on-ukraine-fears/

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