The FTSE is now in a bear market and should we close below 5,700, a psychological level in itself, we may well see the 5,620 level and even sub-5,600 in a very short time, it's not a pretty sight with every single sector in the red.
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Brenda Kelly
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Based on the names and country profiles, it should seem they are offering you the same exposure, but they track different indices, their country exposure is going to be different, and that exposure difference helps explain why they perform differently. So far, the discrepancy has helped The Vanguard fund, Todd Rosenbluth said, although both funds have taken a hit since the end of June, when the Shanghai Composite Index started falling. Since then, The Vanguard fund has lost 11.65 percent, while the iShares fund has fallen 12.45 percent. Year to date, The Vanguard fund is down 6.97 percent, and the iShares fund is down 8.89 percent. Chinese shares have been falling on fears that the nation's economy may slow well beyond the 7 percent growth rate that analysts had earlier suggested would be a bottom for that market. China has moved to weaken its currency to bolster its economy and share prices. The difference between the two funds is expected to widen because the two different indexes they follow will be treating Chinese stocks differently. FTSE, the Financial Times Stock Exchange, plans to begin adding onshore Chinese equities, known as A-shares, to its broad emerging markets indexes, which Vanguard follows. The Vanguard benchmark, the FTSE Emerging Index, now has approximately 26 percent exposure to China, according to the mutual fund company. In June, Vanguard said it would begin shifting to a new FTSE index later this year. The new index will have a 29 percent exposure to China, including a 5.6 percent exposure to A-shares. MSCI Inc, however, said in June that it was not ready to include the A-shares in its two emerging market indexes.
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Todd Rosenbluth
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They're taking the Chinese central bank at its word, but I'm still taking those comments with a pinch of salt, selling short-term rallies on the FTSE would still seem to be a sensible strategy to play.
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Richard Perry
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The second day of trading showed clear signs we are moving towards a normalisation of the market after the long shutdown, of the 25 constituent stocks on the FTSE large cap index, 20 are trading positively. Only the banks are moving negatively.
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Socrates Lazaridis
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Sterling up and FTSE up does suggest that there's a slight sigh of relief generally, (The UK) is quite defensive, so in trade war times when industrials and tech are getting clobbered, that's not so much of problem for the UK because those sectors are not as big in weighting terms as they are for the Euro zone or the U.S..
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Ian Williams
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All the FTSE 100 companies, except for financials, with majority earnings outside the UK are boosted by the substantial fall in sterling which will inflate overseas earnings in the next results.
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Lorne Baring
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Based on the names and country profiles, it should seem they are offering you the same exposure, but they track different indices, their country exposure is going to be different, and that exposure difference helps explain why they perform differently. So far, the discrepancy has helped The Vanguard fund, Todd Rosenbluth said, although both funds have taken a hit since the end of June, when the Shanghai Composite Index. SSEC started falling. Since then, The Vanguard fund has lost 11.65 percent, while the iShares fund has fallen 12.45 percent. Year to date, The Vanguard fund is down 6.97 percent, and the iShares fund is down 8.89 percent. Chinese shares have been falling on fears that the nation's economy may slow well beyond the 7 percent growth rate that analysts had earlier suggested would be a bottom for that market. China has moved to weaken its currency to bolster its economy and share prices. The difference between the two funds is expected to widen because the two different indexes they follow will be treating Chinese stocks differently. Financial Times Stock Exchange, the Financial Times Stock Exchange, plans to begin adding onshore Chinese equities, known as A-shares, to Financial Times Stock Exchange broad emerging markets indexes, which Vanguard follows. The Vanguard benchmark, the FTSE Emerging Index, now has approximately 26 percent exposure to China, according to the mutual fund company. In June, Vanguard said it would begin shifting to a new Financial Times Stock Exchange index later this year. The new index will have a 29 percent exposure to China, including a 5.6 percent exposure to A-shares. MSCI Inc( MSCI.N), however, said in June that it was not ready to include the A-shares in its two emerging market indexes.
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Todd Rosenbluth
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Those big hitters in the FTSE 100 are mostly a drag, rather than a benefit, whereas the UK economy is actually the fastest growing in the G7, there's a lot to be said for what's going on inside the UK.
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Jasper Lawler
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This is the total opposite of 2013 when active UK funds posted large outperformance of the FTSE All Share, performance over both years can be largely explained by active manager's propensity to hold more mid-caps than the market weighting. This served them well in 2013 but has proved a drag in 2014 when it is the blue chips that have outperformed.
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Laith Khalaf
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The FTSE 100 is still in the midst of sideways consolidation, but with a welcome test of last week's 6,280 ceiling and a close venture to 6,300.
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Augustin Eden
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