News

Market Update 14th November 2022

News: 14 November 2022

Hurst Point Group Acquires Metis & Gore Browne

News: 07 November 2022

Hurst Point Group Limited is delighted to announce that, following FCA regulatory approval being granted, the acquisitions of Gore Browne Investment Management & Metis Wealth Limited and Metis Asset Management Limited, have now completed. 

Market Update 7th November 2022

News: 07 November 2022

The world of investment management is typically way ahead of governments and has clocked that successful transition to net zero is in everyone’s long-term interests. Even this, though, is likely to be given a blow in the solar plexus by this week’s mid-term elections in the US.

Market Update 31st October 2022

News: 03 November 2022

Market Update 17th October 2022

News: 17 October 2022

These markets, as we know, had another bout of teddy-chucking in response to erstwhile Chancellor Kwarteng’s mini-budget. Why? No one actually knows whether it would have worked, or would have been inflationary.

Market Update 10th October 2022

News: 10 October 2022

As we said at the start, this is unhelpful and the price of oil has duly risen by around $10/bbl over the past week. As ever with OPEC, though, little is quite as it seems. In terms of an organised cartel, OPEC leaks like a proverbial colander. This is more about the ego of Mohammed bin Salman, the Crown Prince and now prime minister of Saudi Arabia.

Market Update 26th September 2022

News: 26 September 2022

Anyway, whether inflation was caused by the Bank (which it was, mostly) or by the price of petrol (which it mostly isn’t), the headline rate is still 10%, give or take. It is also, as if by magic, accepted wisdom that tax cuts are inflationary and thus any fool can see that cutting taxes with 10% inflation is a stupid thing to do.

Market Update 20th September 2022

News: 20 September 2022

Market Update 12th September 2022

News: 12 September 2022

Economists are divided on this. Actually that is a meaningless sentence; economists are divided on everything. However, it is important to point out that those who have spent careers analysing data for correlation, causation and coincidence cannot agree whether there is any meaningful link between fiscal policy and inflation.