Sterling ways to profit from a plunging pound – MRM’s weekend news round-up

Sterling may be weak but the spirit of maximising opportunities to profit from this is certainly willing, judging from the weekend money sections.

The FT’s Ellen Kelleher led the pack with the belief that a falling pound will boost UK shares and provide a ‘competitive boost’ to smaller exporters in the FTSE 250. Kelleher continued on this theme in the FT Money section, exploring how sterling’s slide against the dollar and the euro are positive for buyers of UK equities and income funds, with the share prices of some British companies already rising in response. A note of caution was flagged, however, for bond and gilt fans due to increased pressure on the Bank of England to raise interest rates. Last but not least, Kelleher quotes an S&P poll indicating that a wave of takeover activity is expected in the UK smaller companies sector as the weak sterling allows overseas groups to buy their UK rivals at a discount.

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Is Facebook the most overlooked free client communication tool by IFAs?

Is Facebook the most overlooked free client communication tool by IFAs?

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I reckon my old school friends are just like the average IFA’s client bank.
There are a lot of them, I only manage to stay in regular touch with a few and – until recently – the time and effort required to stay in touch with the rest was just too great to [...]

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