Is it time to call an end to cash ISAs?
30 October 2020|4 min
Cash ISAs were, for a long time, seen as an easy way to put aside moneyandearn a return from a generous interest rate. However, over the last ten years we have seen interest rates drop significantly, to the current record low of 0.1% and the Bank of England has made clear it is not ruling out the prospect of negative interest rates – meaning you could have less money just by keeping it in the bank.
How gold can be a major player for SRI
24 September 2020|4 min
We recently added gold to our managed portfolios, including our socially responsible portfolios. As an investable asset gold is unique in being able to provide a “safe haven” during times of turbulence in the equity markets, while also being seen as an inflation hedge and as a potential alternative to bonds during low yields. However, as a mined commodity, it is naturally exposed to environmental, social and governance (ESG) risks. This is particularly true in regions of conflict and exploitation, where regulation and scrutiny have little traction.
Why we chose to buy gold – aka ‘TIPS on steroids’
18 September 2020|3 min
We recently started a gold position for a number of our portfolios, replacing some of our treasury inflation protected bonds (TIPS). Here we’d like to provide further explanation on how we understand gold in the current environment.
How covid has proven the case for SRI investing
4 September 2020|11 min
We’ve been very forthright about why we think Socially Responsible Investing (SRI) is the future. We believe this now more than ever. The advent of the ‘new normal’ emphasises the imperative for changes in finance and economics as much as it does for social interaction and transport.
Why ‘fallen angels’ are not quite the sinners you might expect
19 August 2020|7 min
In a religious context, ‘a fallen angel’ refers to an angel expelled from heaven, one who has chosen to give up the righteous path for a life of sin. Similarly, in the global bond market, fallen angel is a term used for borrowers who once held coveted investment grade credit ratings, but who have now been downgraded to high yield status (i.e. carrying risk) based on the credit worthiness.
Nutmeg investor update: August 2020
7 August 2020|12 min
A rise in coronavirus infections hit the headlines in the latter stages of July. But despite fears of a second wave, markets were buoyed by the continued stance of policy makers to do ‘whatever it takes’ to keep the economy afloat. Elsewhere, corporate earnings season revealed mixed results, with ‘big tech’ companies proving the big winners.
Nutmeg investor check-in: July 2020
24 July 2020|3 min
All eyes are on the second quarter earnings season. With profit reports from the likes of Facebook, Caterpillar, and Exxon released next week, we await key insights into how companies across the economy are faring amid the pandemic. We also provide an update on increased tensions between China and a number of major trading partners, while giving an overview of the ongoing Brexit negotiations.