Articles written by
nigel green

HKQAA 35th Anniversary Forum; former UN Secretary-General spoke on sustainability

Alphabet shows why software could be the real AI opportunity

Nasdaq surged to fresh highs this week, driven by Alphabet’s impressive earnings, underscoring the enduring allure of AI-driven software as the foundation of market growth.The latest market movements reveal a significant shift: while AI’s vast potential remains undiminished, investors are coming to terms with the fact that hardware, especially in the chip sector, may not be the most sustainable path to capitalize on it.As major tech indices […]

BRICS summit and expansion – a new frontier for global investors?

Russia is hosting the latest BRICS summit in a strategic demonstration of strength and unity as it seeks to challenge the geopolitical dominance of the West.The BRICS group – comprising Brazil, Russia, India, China, and South Africa -has evolved beyond its original purpose as a coalition of rapidly developing economies.Initially founded to represent economic growth prospects, BRICS has since transformed into a powerful geopolitical forum, making it […]

deVere Group secures Family Office Licence

Independent financial organization deVere Group announced it has been awarded the Family Office Licence by the Financial Services Commission (FSC) of Mauritius.A family office handles investment and wealth management and legal matters for a wealthy family, generally one with more than $75 million in investable assets, with the objective being to effectively grow and transfer wealth across generations.The newly secured Family Office Licence allows deVere to cater […]

Israel-Iran tensions and the global economic fallout

As tensions escalate between Israel and Iran, the world is watching with bated breath, and financial markets are bracing for a potential economic shock.The deployment of additional US troops and advanced anti-missile systems to Israel highlights how serious the situation has become.Recent unprecedented attacks from Iran and Israel’s potential countermeasures, particularly targeting Iran’s vital oil or nuclear facilities, could set the stage for a global crisis.One of […]

Entrepreneurship is key to Europe’s $1 trillion missed opportunity

The recent release of Mario Draghi’s long-awaited report on European Union competitiveness has sparked discussions across the financial and business world.While the report is rich in policy recommendations for bolstering Europe’s competitive edge, one striking detail stands out: In the last 50 years, no EU company with a market capitalization exceeding €100 billion has been created from scratch.Meanwhile, in the United States, six companies—most famously Apple, Amazon, […]

Dubai gains as UK millionaires flee high taxes

As the Halloween horror budget approaches in the UK, scheduled for October 30, an ominous cloud looms over wealthy Britons, prompting many to consider leaving the country. This migration trend began under the Conservative government, which pushed UK taxes to a staggering 70-year high.The situation has escalated dramatically, with reports indicating that last year alone saw 4,200 millionaires departing the UK.With Labour now in charge, estimates suggest […]

These two themes will provide ‘floor’ for Big Tech prices

Investors have witnessed a marked shift in market behaviour in recent weeks.The once seemingly invincible Big Tech stocks have faced pressure, no longer reaching new all-time highs, even as the broader S&P500 index posted record highs earlier this week (Monday).Nvidia—the poster child of the recent tech renaissance—has seen its stock price fall 8.5% from its August peak, despite reporting impressive second-quarter earnings on August 28th that surpassed […]

Global inflation highs are over – new era for investors

After years of contending with elevated inflation, all major central banks around the world have started to reverse their aggressive rate-hiking strategies.The Federal Reserve, European Central Bank (ECB), and the Bank of England, amongst their peers, are all cautiously easing monetary policy, signalling that the era of high inflation may finally be behind us.This pivot is creating new opportunities for investors, requiring a shift in focus from […]

Diversifying out of the US is now crucial

The dominance of the US stock market in recent years, led by tech giants like Apple, Microsoft, and Nvidia, has been undeniable.These Magnificent Seven companies have driven much of the growth in US equities, with the S&P 500 reaping the rewards of their strong earnings performance.However, as we sit in September 2024, global investors should seriously reconsider their portfolios. Relying heavily on US stocks, especially tech, could […]

Beyond Nvidia – broader US stocks are in great shape

As the market frenzy surrounding Nvidia’s meteoric rise and subsequent volatility begins to wane, investors should take a moment to appreciate the broader health of the US stock market.While the chipmaker has captivated headlines with its spectacular gains, fuelled by AI hype, the real story may lie in the solid, albeit less glamorous, performance of the broader market.Recent data suggests that US equities are in a strong […]

Why investors should embrace volatility

Investors are often spooked by market volatility, with recent events like the 1,000-point drop in the Dow Jones Industrial Average on August 5, serving as a stark reminder of the stock market’s inherent unpredictability.When headlines are filled with dramatic losses and tales of impending market crashes, it’s easy to see why some investors might feel the urge to flee to safer ground.But savvy investors, especially those working […]

Gold to Hit $3,000 in Q2 2025: Prediction

Gold prices have been smashing records recently and showing no signs of slowing down. As of the latest trading session, spot gold held firm at a record high of $2,508.14 per ounce, while US gold futures climbed to an unprecedented $2,540.80 per ounce during Monday’s Asian trading hours.This impressive rally comes as no surprise to many market analysts, who see the precious metal as poised for even […]

The global wealth map is being redrawn

The global landscape for the wealthy elite is shifting rapidly, with Europe at the forefront of a dramatic reconfiguration.Recent political changes and tax reforms across the continent have triggered a wave of concern among high-net-worth individuals (HNWIs), prompting many to reassess their financial futures.From the UK to France to Norway and beyond, the allure of traditional financial hubs is being challenged by emerging destinations that offer more […]

Buffett’s big Apple sale: A bullish opportunity for investors?

In a surprising turn, Warren Buffett’s Berkshire Hathaway has dramatically reduced its stake in Apple, shedding 55.8% of its holdings in the tech giant over the first half of 2024.While some might interpret this as a signal to abandon ship, I believe it’s precisely the moment for investors to double down on Apple’s potential.Buffett, a stalwart of value investing, is known for his preference to invest in […]

Elon Musk warns of US fiscal crisis, investors take note

The world’s richest individual, Elon Musk, has sounded the alarm on the United States’ fiscal health, declaring, “America is going bankrupt btw,” on his social media platform, X.This stark pronouncement was made in response to a post by Billy Markus, the creator of Dogecoin, who highlighted a startling headline: “Interest Payments on US National Debt Will Shatter $1,140,000,000,000 This Year – Eating 76% of All Income Taxes […]

Why High Net Worth Individuals Are Flocking to Alternative Assets

High net worth individuals (HNWIs) are increasingly gravitating towards alternative assets.This trend is more than a passing phase; it’s a seismic shift driven by a confluence of factors ranging from market volatility to the pursuit of superior returns.As the global financial environment becomes more complex and uncertain, alternative assets are providing HNWIs with the diversification, resilience, and growth opportunities that traditional investments struggle to match.Here are six […]

Fed and Trump shooting boost gold – what you need to consider

Gold prices surged this week to a record high of $2,465 per troy ounce amid prospects of Federal Reserve interest rate cuts and the potential return of Donald Trump to the US presidency.Savvy investors around the world are clearly feeling it’s time to bolster their exposure to gold. Should you be doing the same?The Power of policy shiftsThe Federal Reserve’s anticipated interest rate cuts are a significant […]

What history tells us about potential for S&P 500 gains in second half of year

We’re into the second half of 2024. The S&P 500’s performance in the first half of the year has been noteworthy, marking its third consecutive quarterly rise and the sixth in the last seven quarters.This pattern of growth has spurred optimism about the market’s potential for continued gains in the latter half of the year. Reflecting on historical trends, we glean valuable insights into the possibilities and […]

Financial advisory names UAE among top three work destinations

Arabian Post StaffdeVere Group, a global player providing specialist cross-border financial advice to international investors and expatriates, has announced United Arab Emirates (UAE), New Zealand, and Italy as the top three destinations for the organisation’s financial graduates to live and work in the first half of 2024.This trend reflects the growing demand for international financial advisory services from high-net-worth (HNW) individuals in these regions, driven by robust […]

Nvidia’s market sell-off is healthy

Nvidia, the tech giant known for its graphics processing units (GPUs) and AI innovations, has seen a significant reduction in its market value this week.After briefly surpassing Microsoft and Apple to become the world’s most valuable company, Nvidia’s market capitalization dropped by over $500 billion, falling to approximately $2.91 trillion.This decline, marked by a nearly 7% drop in share price on Monday, has sparked widespread discussion among […]

A silver lining in stock market concentration?

The current stock market composition, marked by significant concentration in a handful of tech giants, has understandably raised some eyebrows.Many investors are concerned that this top-heavy rally could signal underlying fragility.However, to my mind, a closer examination suggests that this concentration might not be as alarming as it appears and could even be a positive indicator for future market performance.Firstly, it’s important to recognize the strong fundamentals […]

Emerging Markets rebound luring back global investors

After experiencing two challenging years, emerging market (EM) equities are making a robust comeback.As monetary tightening begins to ease, investors are increasingly attracted to these markets, which boast significantly cheaper valuations compared to their developed counterparts.The outlook for EM growth and earnings is optimistic, underpinned by improved margins from historically low levels.Additionally, the potential weakening of the US dollar, particularly against EM currencies, further strengthens the case […]

India stocks hit record highs as Modi election win likely – breakout year for investors?

Stock markets in India hit record highs on Monday, with both the Nifty 50 index and BSE Sensex rising more than 3%, underscoring the robust investor sentiment surrounding India’s economic prospects.Political stability plays a crucial role in economic confidence, and recent local exit polls suggest a strong mandate for Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP)-led alliance.These polls project that the BJP-led National Democratic Alliance (NDA) […]