PROSPECTS

Editorial

What’s in Xi’s stimulus package?

James Godrich, Fund Manager

Such is the US President’s fascination with China, that in my research for this piece I came across a three minute compilation video of Donald Trump saying “China” over and over without pause for breath; the YouTube clip has nearly 15 million views.

Guest editorial

Brexiting bad

Peter Kellner

At the risk of events moving too fast for this publication to keep up, and our readers being brexited-out, we asked journalist, political commentator and former President of YouGov, Peter Kellner to pen his views of the various outcomes available to the UK as we approach one of the most important deadlines the country has faced.

Wealth Planning in focus

Deathbed Tax Planning

Simon Wong, Wealth Planner

It is said that nothing in this world is certain except death and taxes. However, one of these certainties can sometimes be used to reduce the impact of the other. Just to clarify, paying more tax will not make you live longer, but death can sometimes be used as an opportunity to save tax. As far as Capital Gains Tax is concerned, death can provide the means to save tax.

Economic focus

The only way is up?

Brian Tora, Chartered Fellow, CISI, Consultant to JM Finn

When discussing possible topics for this column in the winter edition of Prospects, our esteemed editor requested that I steered clear of Brexit and the political dimension of economics. Well, I ask you. What else is there to focus on these days? Plenty, as it turns out. The fact that the domestic media is presently fixated on our impending departure from the European Union and the goings on in the Palace of Westminster tends to obscure the other issues that are just as important to investors.

Equity prospects

Unilever

Equity prospects

RELX

Equity prospects

Microsoft

Equity prospects

Hunting

Equity prospects

In this issue:

Stock in focus

AstraZeneca

Over the past decade, the global pharmaceutical industry has delivered many ground breaking products which have helped to treat an array of afflictions, from arthritis to asthma and diabetes to leukaemia.

General interest

Surrey County Cricket Club

Surrey County Cricket Club won the County Championship this year for the first time in 16 years, and the women’s team also won the Kia Super League; a cause for great celebrations. Here Chief Executive of Surrey, Richard Gould, discusses the club, its strengths and the future of English cricket.

The Potting Shed

The Potting Shed No.3

With over 150,000 new private businesses started in 2017 it seems that everywhere we look there’s a start-up. In this new series we asked friends of JM Finn to describe the challenges entrepreneurs face as they look to change the world, make a fortune or simply earn a living.

Independent view

Do you need all that money?

People are living longer and some children do not receive their inheritance until they are in their 50s, 60s or even 70s. In many cases, this is beyond the age at which the inheritance is needed by them. As a result, these beneficiaries may prefer to pass their inheritance directly down to their own children (i.e. the deceased’s grandchildren) to enable them to get on the property ladder or help with education fees, for example.

Bond focus

Bonds for Brexit

The starting point here is how we Brexit. The majority of MPs voted Remain in the 2016 referendum. I am also told that since the referendum a sufficient number of leave-inclined older voters have died whilst at the same time another two million of younger, mostly inclined to remain on a 7 to 1 ratio, voters have since joined the electoral rolls. The net effect is that demographic changes on their own would probably drive a Remain vote if a new referendum was held today.

Collectives commentary

A goalkeeper’s guide to investing

You’re standing in goal and about to face a penalty. What do you do? A 2005 study by a group of Israeli academics looked into just this question*. What they found was rather interesting. Statistically, the best strategy for saving a penalty would have been to stand still in the middle of the goal. Yet, despite this, goalkeepers almost always jumped left or right. Why?