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Witan Investment Trust - 2 Bank of England - 1

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☆ CEO explains why economies are still 'relatively resilient' to interest rate rises
  + stars: | 2023-11-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEO explains why economies are still 'relatively resilient' to interest rate risesAndrew Bell, CEO of Witan Investment Trust, says "it's because a lot of companies and people locked in the low rates."
Persons: Andrew Bell Organizations: Witan Investment Trust
☆ Markets may be overestimating how high interest rates in the UK will go, investment trust CEO says
  + stars: | 2023-06-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets may be overestimating how high interest rates in the UK will go, investment trust CEO saysAndrew Bell, CEO of Witan Investment Trust, says the full effect of monetary policy tightening in the U.K. has not been felt yet and the Bank of England should take a gradual approach to increasing interest rates.
Persons: Andrew Bell Organizations: Witan Investment Trust, Bank of England
☆ London's FTSE 100 up for fourth day, Petrofac leads smallcaps higher
  + stars: | 2023-03-30 | by ( Johann M Cherian | ) www.reuters.com   time to read: +2 min
The FTSE 100 (.FTSE) rose 0.5%, while the FTSE 250 (.FTMC) added 1.1% by 0841 GMT. With a day left for the end of the first quarter of the year, the FTSE 100 is on track for gains of 2%, while the mid-cap index is likely to have a muted end. Top performing sectors this quarter include the FTSE 350 aerospace and defence (.FTNMX502010), construction and materials (.FTNMX501010) and retailers (.FTNMX404010). The FTSE 350 Automobiles and Parts sector (.FTNMX401010) added 2.5% and is among top-performing sectors this quarter. Moonpig Group PLC (MOONM.L) added 17.9% after the online card retailer said it expects revenue to expand across 2024.
☆ We expect faster Chinese growth by second quarter, says investment trust CEO
  + stars: | 2023-01-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect faster Chinese growth by second quarter, says investment trust CEOAndrew Bell, CEO of Witan Investment Trust, discusses the state of the global supply chain and how the new wave of Covid-19 infections in China is affecting it.
☆ It's taken an 'awful lot' of Fed 'bullets' to kill the market's bullish sentiment, CEO says
  + stars: | 2022-12-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's taken an 'awful lot' of Fed 'bullets' to kill the market's bullish sentiment, CEO saysAndrew Bell, CEO of Witan Investment Trust, says 2023 could be a year in which the economy "struggles a bit."
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