Brewin Dolphin Podcast

With the votes counted it seems most of the electorate agree – but on different things. One of the least expected outcomes was for the Conservatives to increase their majority and, in doing so, usher in a new era of political stability. After considering the context leading up the ballot, and today’s market moving non-farm payroll report, we discuss the market’s reaction and prospects for the future with Neptune’s Chief Economist James Dowey.

Whilst a referendum on membership of the EU and uncertainty over the constitutional make-up of the UK loom on the horizon other organisational issues such as more regional devolution and greater integration of the northern powerhouse could become priorities for a majority Conservative government.

Please review the podcast on iTunes and if you have any particular requests for topics to be covered then please post them on our website or on Twitter using the tag #BrewinPodcast

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on the footer below

This week Guy Foster and David Quintrell explore the options savers have with their new found freedom to manage their pensions. Then, with the challenges of financing retirement still very much at the fore, the podcast turns to Dr Amlan Roy to cover the impact of changing demographics.

Dr Amlan Roy is an absolute authority on the subject of demographics, having had a long and distinguished academic and professional career studying the topic. Amlan is currently a Managing Director of Credit Suisse and Global Head of Demographics.

Please review the podcast on iTunes and if you have any particular requests for topics to be covered then please post them on our website or on Twitter using the tag #BrewinPodcast

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on the footer below

In the first podcast of 2015 our slim-lined Research team look at the ongoing challenges and share price recovery at Tesco. Nik Stanojevic delves deep into its trading update: store closures and a cut in the dividend. He also explores what assets could be sold and assesses its outlook for the future. Ben mulls over the recent causes of stock market volatility including podcast favourites oil and the Greek elections but also examines this week’s US labour and farm data. Finally, Michael offers up some of their best fund picks for the coming year, specifically in the UK, US and Japan.

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on the footer below.

This week, Ruairidh Finlayson stands in as host to discuss the potential impact of sanctions put in place by Russia. BP, with its stake in Rosneft is under close scrutiny at this moment in time. However, our Oil & Gas analyst Iain Armstrong believes any impact on BP will be minimal due to such a small proportion of cash flow coming from their Russian interests. James Hay gives us an update on GlaxoSmithKline following results last week. Watch out for the dreadful badger joke too.

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on our website: www.brewin.co.uk

Guy Foster puts into context the latest bout of market turbulence, while the analytical team discuss marquee signings and the pick up in management turnover we've seen this year.

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on our website: www.brewin.co.uk

A discussion of the ECB’s raft of new policy measures, as well as closer look into Tesco and Vodafone’s prospects.

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on our website: www.brewin.co.uk

This week Ed and Guy discuss the recent inflation reports both in the UK and US and the implications for interest rates. They also discuss the sharing economy and the US manufacturing renaissance.

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on our website: www.brewin.co.uk

In another coup for the Brewin Podcast Stephanie Flanders, Chief Market Strategist for UK and Europe at J P Morgan Asset Management and former BBC Economics Editor, joins Guy Foster and Ben Gutteridge to discuss the market’s most pressing issues.

The major news this week has been the ambiguity over whether ECB president Mario Draghi is committing the currency union to embarking on quantitative easing or not. We have our own concerns about the efficacy of QE in general and in the Eurozone in particular. Stephanie feels QE is “much more likely and more necessary given trends in inflation expectations”.The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on the footer below.

Following our podcast a fortnight ago on commercial property Brewin Dolphin’s Head of Fund Research, Ben Gutteridge and Head of Research, Guy Foster turn their attention to Residential Property. This week’s special guest is Savill’s Neal Hudson.

We discuss the impact of national and international factors on the residential property market. House prices have maintained their course despite the turbulence that could have come from Russian sanctions, the collapsing oil price and the slowing Chinese economy. However, transactions at home will remain tepid ahead of the election and issues such as mansion taxes.

Parties have announced some of their key policies on housing and Neal - who contributed to the Lyons Housing Review - discusses the challenges of boosting supply rather than simply demand.

Neal Hudson writes fortnightly notes on the residential property market for the Savills website which also features a host of other resources. You can also follow Neal on twitter @resi_analyst.

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on the footer below.

This week Mike Amey, Head of Sterling Portfolios at PIMCO, discusses the latest developments at the world’s major central banks. Whilst Amey agrees the Fed might be able to get going in September, he is much less confident the MPC will be able to get started by even next summer.

Also up for debate is European monetary policy, before the conversation concludes with a look at the valuation opportunities in the broad fixed income arena.

Please review the podcast on iTunes and if you have any particular requests for topics to be covered then please post them on our website or on Twitter using the tag #BrewinPodcast

The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance. All information within this publication is for illustrative purposes only and is not intended as investment advice. No investment is suitable in all cases and you have any doubts as to an investment’s suitability then you should contact your financial adviser. The opinions expressed in this podcast are not necessarily the views held throughout Brewin Dolphin Ltd. We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such security mentioned in this podcast. For further information, please refer to our conflicts policy which is available on the footer below.