The Bottom Line

By Morgan Williams & Co.

Property Funds: The Doom and Gloom has been overdone

Many of our clients will be familiar with property funds. Investing in commercial – rather than domestic – property, these funds have been part of many clients’ portfolios, typically providing a balance to equity funds.  That, of course, was before Covid-19. When the UK went into lockdown in March last year many property funds had...
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April Market Commentary

This market commentary has been produced for some time now but March 2021 was the first month when a ship made the headlines. Anyone who watched a news bulletin will have seen the mega-container ship the Ever Green firmly wedged across the Suez Canal. The ship, which is 400m long, was finally re-floated having caused...
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The Net Zero Innovation Portfolio. What is it? And will it work?

Most of the headlines in Rishi Sunak’s recent Budget were made by the tax rises, both for individuals and companies, and by the inevitable bill for the pandemic.  There was a strong ‘green’ theme running through the Budget. This was shown through the National Infrastructure Bank being established in Leeds, and the Bank of England’s...
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The Chancellor’s Mortgage Guarantee: a Good Idea? Or a Big Mistake?

“Generation Rent,” declared Rishi Sunak in his Budget speech, “will become Generation Buy.” Had the House of Commons been full, this announcement would no doubt have been greeted with loud cheers by Conservative backbenchers. At last, someone is doing something to help young people get on the housing ladder… So what did the Chancellor announce?...
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Welcome to the National Infrastructure Bank

One of the most eye-catching announcements in Rishi Sunak’s recent Budget was the creation of  the National Infrastructure Bank, which – as part of the Government’s commitment to economic ‘levelling-up’ across the UK – will be based in Leeds.  What is the new bank? Why is it being introduced? And what impact might it have...
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What are Freeports? And will they Really Benefit the Economy?

Many people will have heard Chancellor Rishi Sunak announce the creation of eight freeports in his Budget speech. The freeports – which are due to become operational later this year – will be at East Midlands Airport, Teesside, the Humber, the Solent, Plymouth, Liverpool City Region, Felixstowe and Harwich, and the Thames.  But what is...
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Is your Online Data Safe?

The last twelve months have been notable for many things: one of them, sadly, has been the rapid increase in cybercrime as criminals look to prey on the lonely and vulnerable.  To take one very simple example, the BBC reported last month that romance fraud – cheating someone out of money by pretending to want...
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Major pension funds commit to net zero carbon emissions by 2050

A new Net Zero Investment Framework has been launched by the Institutional Investors Group on Climate Change (IIGCC) which outlines a commitment to net zero carbon emissions by 2050. The framework aims to encourage investors to develop an investment strategy that achieves net zero, and the framework is already being put into practical use. At...
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Does an increase to capital gains tax look likely?

While Rishi Sunak’s spring budget introduced a variety of new initiatives and updates to multiple taxes, one suspected change was missing from the big red book. Analysts had posited that a capital gains tax hike would be a likely inclusion in Sunak’s budget, expecting it to be brought more in line with income tax and...
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