Ken Baksh October 2019 Market Report
During one-month period to 30th September 2019, major equity markets registered reasonable gains. The FTSE ALL-World Index rose by 2.25% over the period, now up by 14.71% since the beginning of the year. The VIX index fell by 10.3% to end the period at 16.55. Fixed interest products displayed a mixed performance with riskier products […]
Ken Baksh September 2019 Market Report
During one-month period to 31st August 2019, major equity markets registered quite sharp falls. The FTSE ALL-World Index dropped by 3.62% over the period, though still up by 12.2% since the beginning of the year. The VIX index rose sharply by 34.8% to end the period at 18.45. Fixed interest products mostly rose in price […]
Ken Baksh Investment Strategy / Asset Allocation-Third Quarter 2019
Any reference to benchmark should be tailored to individual client preference. These could, for instance, be Absolute return based. Cash/ LIBOR/SONIA ,or equivalent, based (0.70%). Inflation based. (UK CPI 1.9% May 2019). Index based (FTSE 100, FTSE All-Share, MSCI, S&P etc.). Peer group based (Private client index, Morningstar, IMA category etc.). Theme based e.g. Ethical. […]
Ken Baksh – Enquest #ENQ1 Bond – Oily idea with very good short and longer term income attractions!
ENQUEST 7% 15/04/22 Bond-ENQ1-ISIN-XS0880578728 Company Overview Enquest PLC is an independent United Kingdom-based petroleum and production company which operates mainly in the United Kingdom Continental Shelf. The shares are included on the main list of the London Stock Exchange as are the bonds, the subject of this article. The Company is one of the largest […]
Oil play, 5.5% yield (income paid quarterly),8% discount to assets, BREXIT currency hedge..what more do you want?
Black Rock Commodities Income Investment Trust –ISIN GB00B0N8MF98-BRCI Oil remains one of the strongest major commodities this year and despite recent exemptions from Iranian sanctions, looks likely to stay well supported. The major companies themselves Royal Dutch #RDSB, BP #BP, Total, Eni, Norsk Hydro etc have been major beneficiaries of the stronger spot price and, […]
Ken Baksh – November Market Report – Is it safe to put a toe in?
November 2018 Market Report During the month to October 31st, 2018, major equity markets displayed a very weak trend, falling by 8.52% overall and the VIX index rose sharply to 22.05. The month was the worst equity performance for more than six years. There continued to be an abundance of market moving news over what […]
Ken Baksh – The sun is still shining – look at Bluefield Solar Income Fund #BSIF!
BLUEFOLD SOLAR INCOME FUND (BSIF) Renewables have grown to a large investment trust sector in a relatively short period of time. They have unique characteristics (RPI linked dividends, high proportion of regulated cash flows, direct exposure to power prices) and have delivered good total returns to investors, often bearing little correlation to other asset classes. […]
Ken Baksh – October market report…..trickery or treats!
October 2018 Market Report During the month to September 30th, 2018, major equity markets again displayed a mixed trend, rising by 1.19% overall and the VIX index fell. There continued to be an abundance of market moving news over what is traditionally a quieter month, at macro-economic, corporate and political levels. The European Central Bank […]
Ken Baksh: August Investment Review….Stay with equities versus bonds….for the time being!
August 2018 Market Report During the month to July 31 st, 2018, major equity markets displayed a stronger trend and the VIX index fell significantly, indicative of a preference for greater risk-taking. There continued to be an abundance of market moving news over the period whether at corporate, economic or political level. The European Central […]
Ken Baksh: July Investment Report – Bumpy ride ahead…..Hang on to your hats!
July 2018 Market Report During the month to June 29th, 2018, major equity markets displayed a mixed trend, dropping overall and with considerable individual market and day to day variation. There was an abundance of market moving news over the period whether at corporate, economic or political level. The European Central Bank appeared to become […]