The future of the global smartphone market 07/03/2014 The rapid increase in demand for mobile data is driving strong interest in advanced smartphones and tablets. According to Cisco, the global data carried over smartphones will surpass that delivered via laptops and netbooks in 2013. At the same time, a shift from mobile phones to smartphones is taking place. The share of smartphones in percentage of total mobile phone sales increased from 9.6 percent in Q1 2007 to 54.9 percent in Q3 2013.
Luxury brands benefit from the world's 'new economy' 04/03/2014 Growth in the luxury sector continues to outpace global GDP, with expected growth of seven to nine percent in 2014. In January, luxury stocks corrected on emerging market fears, and despite partial recovery in February, valuations are below historic averages. Importantly, fundamentals remain strong and the long-term growth story will continue.
New players in wealth management face a make-or-break choice 07/02/2014 It now seems very likely that one consequence of the Retail Distribution Review (RDR) will be that the wealth management sector will be shaken up significantly in 2014 by a number of new entrants. We expect to see around 20 new wealth management/consumer-facing propositions launched by the end of this year. They will come in many different shapes and sizes, although most will fall into one of three categories: spin-offs from existing industry players, US firms seeking to expand into Europe, and some completely new players. But all will have one thing in common: the success of their journey towards a healthy market share will depend to a huge extent on the strengths and capabilities of the technology platforms they choose to use.
Power failure 17/01/2014 Tim Price's regular views on the economy and investing.
Windfall: The unexpected life-changer 02/01/2014 Benefitting from a substantial inheritance or sale of a family business tends to be a planned for event, even if the exact timing and scale of the pay-out can sometimes be a surprise. So generally speaking clients have warning and give some thought to engaging advisors. It is a very different situation when clients experience an unexpected windfall such as a lottery win. So how do we deal with this lucky few?
What next for emerging market debt? 29/11/2013 Until mid-2013, emerging market debt delighted investors with strong returns, and rewarded risk seekers searching for higher yields. In May and June this year, the asset class reminded us all just how risky it can be. It had benefited from strong inflows, from both real money investors, such as pension funds, and also from the abundant liquidity provided in particular by the US Federal Reserve through quantitative easing (QE). Unsurprisingly, these markets sold off following the comments by the Fed about plans to scale back its QE programme.