S & P 500 dei contribuenti del Regno Unito, afferma LSEG Boss
https://uk.finance.yahoo.com/news/uk-taxpayers-sp500-london-stock-exchange-pension-funds-103806112.html
di thereforewhat
S & P 500 dei contribuenti del Regno Unito, afferma LSEG Boss
https://uk.finance.yahoo.com/news/uk-taxpayers-sp500-london-stock-exchange-pension-funds-103806112.html
di thereforewhat
14 commenti
My main takeway from this is Ross from Friends is the CEO of the London Stock Exchange
If you buy a world index then approx 60% will go to America and 4% UK.
This is just trying to force people to subsidise losers to prop up his business. The UK markets growth is so poor that all this would do is impoverish tomorrow’s pensioners to give him a better bonus.
As a country, we should mandate all pension funds to invest a minimum threshold to UK firms. This would help grow our economy instead of sending money elsewhere
Investing in UK stocks is doesn’t make sense and will lose you money.
UK pensions have rightly stayed away from them because they don’t generate returns compared to US stocks, and UK start up companies that get big move to US or get bought by US companies anyway if they want to grow further see ARM.
This all started because Gordon Brown changed the rules for pension allocation in the 2000s to encourage diversification to reduce the risk of UK stock market falls. Guess what… pension funds diversified to overseas markets and what followed was a stagnant FTSE
The market needs to be make attractive and capital will flow in naturally. You don’t win by forcing your own citizens to invest in something they don’t want to…
Scrap stamp duty on U.K. stocks for a start. Stupidest tax ever
Remove the stamp duty on UK stocks then.
If the same company listed in both in the UK and US markets, I wouldn’t have to pay the tax if I bought it in the US.
Please defend my underperforming sector from foreign competition
He’s right – people in the comments saying he’s not are probably the same ones who complain about there being no growth in the UK. The US has made retail investing incredibly easy and it is promoted much more heavily than it is in the UK.
Global funds are OK, but there are a crazy amount of people in the UK blindly buying into the S&P 500 because random people on social media have told them to. There’s even this weird notion that the S&P 500 is somehow safer than the UK markets when the opposite is true – the UK has been undervalued for a while now. It is a stable, mature market and the business sector is good despite the usual doomers saying it isn’t… Especially compared to the current politics and situations in the US.
Removing stamp duty on UK stocks and bringing back some of those S&P 500 investors into the UK market will definitely help future performances and the overall economic outlook.
It’s gone from 40% down to 4% since Gordon Brown abolished the dividend tax credit.
He’s absolutely right, UK taxpayers pension funds are subsidising the S&P 500. They have a fiduciary duty to secure their investors (normal UK people paying into a private pension) a good financial outcome and without those dividend credits the LSE just isn’t financially viable for pension funds.
Maybe governments shouldn’t promise expensive things without knowing where the money will come from.
Scrap stamp duty then! Insane to invest in the UK when you start off 0.5% down.
The s&p was a solid bet until Trump came along.
LSEG boss says our companies are shit and we hate that all the smart invest is going to the US. Please please please pass a law so all those billions are forced to prop up our shit dinosour companies.
This will be the next big Labour danger, forcing pension companies to divest from successful stock markets to our shitty one.
We’ve seen how Labour operate. This is so going to happen and they’ll dress it up as supporting Britain and all the same crap they said to justify the Online Safety Bill
Id love to put more money into UK investments but the dumb government want to charge stamp duty on trades on top of CGT and transaction fees and commission and…. Why would I do that when sp500 etf gets me a solid investment for basically nothing except fx risk