Panic in the air

Equity markets are down sharply this morning, following a volatile few days last week. At the time of writing, UK equities are down some 6% from Friday’s close, and are now in official bear market territory, having fallen 20% from their highs earlier in the year. The sharp rise in coronavirus cases outside China is clearly the main factor behind … Read More

Too much uncertainty

Global equities fell sharply last week as concerns over the rapid spread of the coronavirus outside China unnerved investors and most markets are now down around 12% from their highs. UK and European equities bounced this morning but have already unwound their gains. The economic and market outlook is highly uncertain with the coronavirus centre stage and the experts – … Read More

Equities finally succumb to the Coronavirus

Equities have finally succumbed. Until Friday, global markets were still hovering around their January highs. But markets fell back 1% or so on Friday and the UK and European markets are down more than 3% this morning. The recent spread of the virus outside China, with Korea and Italy both now imposing quite radical containment measures, has spooked equity markets. … Read More

Kingswood continues to build strong foundation with three senior hires

• Harriet Griffin joins as Chief Operating Officer from Charles Stanley • Richard Bernstein joins from Close Brothers Asset Management as Chief Risk Officer leading an expanded risk and compliance function • Kirsten Owbridge assumes a new role of Managing Director – Group HR • Kingswood’s key focus for 2020 is seeking accretive opportunities in the UK IFA market and … Read More