News
May 24, 2023
I'm incredibly proud to announce we've won two awards in the highly respected International Investor Awards 2023!
deVere Investment won Best Investment Banking Group, and I was winner of the Financial CEO of the Year Lifetime Achievement award.
International Investor is both an online and printed magazine that provides invaluable information through time-sensitive news and insightful articles and research on topics ranging from global markets,
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April 17, 2023
Investor focus is set to move away from inflation and on to earnings season, which gets underway on Friday.
Major Wall Street banks such as JPMorgan Chase, Citigroup, and Wells Fargo are publishing their earnings reports. Companies reporting next week include Tesla, IBM, and Johnson & Johnson.
As I was quoted by Market Watch, France 24, Yahoo News, Times of Malta, Mena FN, Financial Mirror, Investor Ideas, Morning
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April 4, 2023
The price of oil rose as much as 8% on Monday following the surprise announcement of a production cut of over one million barrels a day by OPEC+.
As a result, the soaring oil prices will likely mean interest rates will remain higher for longer as inflationary pressures are fuelled by the price rally.
There are 13 OPEC member countries within the OPEC+ group, mainly located in the Middle East, as well as ten non-OPEC countries, including Russia, Mexico,
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March 14, 2023
Silicon Valley Bank's collapse could have resulted in a broader financial crisis, leaving the authorities no choice but to implement emergency measures.
Regulators in the US said on Monday that SVB's customers would have access to all their deposits, and a new facility has been set up to provide banks with access to emergency funds.
The Fed has also taken action to make it simpler for banks to borrow from the central bank in an emergency.
As I was quoted by City
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January 12, 2023
As we progress into the New Year and global investors review their portfolios for the upcoming 12 months, I believe the economic peak opportunity will likely be towards the end of the first quarter.
Until that time, we’ll see rising unemployment and central banks will likely maintain their aggressive language in a bid to curb inflation – which should be down sharply from current levels by then. Particularly as demand for staff is declining rapidly, helping to ease wage
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January 11, 2023
This, or variations of it, has been the headline that has gone around the world’s financial press in the last few days.
Bloomberg, International Adviser, International Investment, News24, and South Africa Financial News, amongst many other esteemed media outlets, have covered the news that the Tribunal of South Africa’s Financial Sector Conduct Authority (FSCA) has overruled officials at the watchdog in a case against me after the
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January 5, 2023
The latest Federal Reserve meeting minutes published on Wednesday appear to indicate the U.S. economy is heading toward a recession.
The minutes showed the central bank is maintaining its cautious stance on inflation, with officials in agreement that rate cuts shouldn’t take place this year. “In view of the persistent and unacceptably high level of inflation, several participants commented that historical experience cautioned against prematurely loosening monetary policy,”
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December 13, 2022
I am thrilled that deVere-owned WPS Advisory has been named ‘Best Retirement Advisory - United Kingdom 2022’ by Pan Finance International in their highly esteemed annual awards.
This accolade as the UK’s Best Retirement Advisory highlights the unmatched expertise and commitment of the whole team at WPS Advisory.
As I was quoted by Always Finance, and other media, I’m especially proud as it, quite rightly, acknowledges and shows how this company – operating in a highly
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November 18, 2022
UK Chancellor Jeremy Hunt has brought back a degree of market credibility with his Autumn Statement, but the signalled support for rate hikes implies more pain for people in Britain.
Hunt announced a series of stealth tax hikes and spending cuts within Thursday’s budget. Some of the measures include:
· 45% additional rate tax threshold is reduced from £150,000 to £125,140
· Personal allowance, 40% higher rate
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October 21, 2022
Liz Truss stepping down from her role as PM after just 45 days will only heighten financial markets’ fears as political chaos in the UK worsens.
We’ve seen over the past few weeks how unforgiving the markets are when the Pound plummeted to all-time lows against the Dollar, gilt yields rose, and stocks markets dipped due to irresponsible economic policies set out by the Truss government.
Yet despite Truss’s resignation today, I don’t think this will signal an end to the
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October 6, 2022
We’ve made the decision to temporarily close deVere’s property investment division, with immediate effect, as inflation fears throughout the country heighten.
The availability of credit was a concern and, as such, an imminent decline in property prices, so all property investment projects will be suspended for now.
Of course, we realise that many clients across the globe will be concerned about current mortgages and protection, which is why we’ve set
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September 12, 2022
I’m delighted to say deVere Acuma has been named Best Financial Advisory Company UAE 2022 at this year’s International Business Magazine Awards.
This is an incredible achievement and one I’m very proud of!
According to International Business Magazine: “The awards are established with the prime objective of admiring the best-in-class achievements of industrial talent, global leaders, and corporates across varied spheres within the International Business and Finance
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