Investment Management Blog - Montague Capital

UK bank shares returned to the front of the stage yesterday but for the usual, wrong reasons.  The market decided to have another attack of the “glooms” over the approaching completion date for banks’ rights issues.  Bradford and Bingley, HBOS and RBS all fell as traders speculated over how much of their issues would remain […]

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The Quarterly Inflation Report makes for sobering reading.  The risks to both sides of the analysis have got worse.  The slowdown in economic growth will be both deeper and longer than previously expected.  The central forecast, based on the market’s assumptions that interest rates continue to be cut (of which more in a few lines), […]

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Julian McGinnity tells us how his disappointment with the investment management industry led to a complete change in direction
July 2006
I spent the first twelve years of my working life with the family business based in the Black Country of the West Midlands. The area had seen better days. Local restaurants had limited menu options […]

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If the Monetary Policy Committee had cut interest rates again yesterday, with only a few days left to wait before the publication of the next Quarterly Inflation Report, it would have sent some very mixed messages.  The MPC is not routinely in the habit of “back-to-back” cuts, so what would have been the reason to […]

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