Blog: Tory MP John Redwood on global equities

Japanese, Euroland and UK shares should not be regarded as long term real asset holdings capable of paying pensions, charitable wage bills or meeting family needs in the future, warns the senior Tory.

clock

Japanese, Euroland and UK shares should not be regarded as long term real asset holdings capable of paying pensions, charitable wage bills or meeting family needs in the future, warns the senior Tory.

"Share markets have remained weak, subject to negative rumours about the Euro, sovereign debt, the slow pace of western economic recovery, Chinese overheating and the after shocks from the banking crisis. For sterling-based investors a typical world index ETF rose by 41% between 10 July 2009 and 25th March 2010, before retreating by a little over 9%. It remains 28% above the July 10 low last year. In contrast, a Japanese index ETF rose by just 18.5% from 10 July to 15 April 2010, before falling by 12%, almost back to where it started. An ETF following the Eurofirst 80 rose by 41.5% to...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

More work needed to tackle inflation as BoE members warn of further market turmoil

More work needed to tackle inflation as BoE members warn of further market turmoil

BoE MPC members spoke at Treasury Committee hearing

Sorin Dojan
clock 06 March 2025 • 2 min read
Trump's presidency and tariffs: Advice industry shares views

Trump's presidency and tariffs: Advice industry shares views

‘Stark raving mad’ but ‘great’ for US firms

Isabel Baxter
clock 18 February 2025 • 4 min read
Five-fold surge in advisers buying gilts for clients in 2024

Five-fold surge in advisers buying gilts for clients in 2024

AJ Bell finds 436% increase in gilt purchases on its Investcentre

Isabel Baxter
clock 10 February 2025 • 1 min read