Netwealth in the Press
Gerard Lyons, a British economist and senior independent director at the Bank of China (UK), echoed that opportunities lie ahead for China’s economy. “There is often disconnect between external views and what is happening within China, in the sense that expectations about the economy in China last year are probably more cautious globally than they needed to be,” he told China Daily.
China Daily, 17 January 2025
Experts upbeat on Chinese economy's growth potential
"China and the UK demonstrate the ability to develop bilateral relations while remaining mindful of the broader geopolitical backdrop," Lyons said.
Global Times , 15 January 2025
China, UK need to have a sensible, resilient relationship
Steph and Robert are joined by Dr Gerard Lyons, an influential economist and Bank of China board member, to discuss whether Rachel Reeves is wise to ask China to invest in the UK, whether the Chancellor will need to come back for more tax rises later this year and what he really advised Liz Truss to do.
The Rest Is Money, 13 January 2025
How Serious Is The UK’s Debt Mess?
Iain Barnes at Netwealth said most investors were still sceptical of buying British bonds given the state of the economy. He said: “Markets are no longer giving the UK Government the benefit of the doubt and a weakening sterling is a sign of no confidence. “Expected returns from gilts are increasing, but we are not at this moment dialling up our allocation.”
The Telegraph, 13 January 2025
Savers pile into bonds as markets brace for more turmoil
"You saw smaller companies in the UK get hit particularly hard," said Iain Barnes, chief investment officer at Netwealth. "Anything that's trading off the confidence in the UK market combined with interest-rate exposures, has really struggled, so we're avoiding those areas completely."
Reuters, 08 January 2025
UK markets are in the eye of the global bond storm
IAIN BARNES, CHIEF INVESTMENT OFFICER, NETWEALTH: "Anyone who has been positioning portfolios really to build into the outlook for UK growth will be worried that the Chancellor is going to find other ways to increase the tax take again. Anything with clear UK-factor exposure as well… anything that's trading off the confidence in the UK market combined with interest-rate exposures, has really struggled, so we're avoiding those areas completely. You saw smaller companies in the UK get hit particularly hard, we're focusing more of our exposure up at the long end."
Reuters, 08 January 2025
Global investors eye UK gilts selloff with caution
"Hopefully, the dialogue can provide some concrete quick wins, as both economies could benefit from it." Gerard Lyons, Chief Investment Officer, Netwealth
The Times , 06 January 2025
Both China and UK can reap reward from stronger links Article behind paywall
'“In a period of time when macroeconomic growth has been pretty unexciting and other sectors have had their challenges, that reliability of earnings delivery has given the market confidence” in US tech, said Iain Barnes, chief investment officer at Netwealth.
Bloomberg, 22 December 2024
'Europe’s Big Stocks Are Shrinking Deeper Into US Megacaps’ Shadow Article behind paywall
"Netwealth has seen a fourfold increase in the number of investors taking the tax-free cash from their pensions this year, with the average amount withdrawn a hefty £190,000. Many have used the platform’s network model to transfer the cash into the names of adult children in their 20s and 30s."
Business Telegraph, 01 November 2024
Meet ‘Generation Windfall’: coming to an estate agent near you
Gerard Lyons, chief economic strategist at Netwealth, says that while he still expects the BoE to cut interest rates, an impact of the increased spending announced in the Budget could mean inflation stays slightly higher for longer, limiting the ability of the BoE to cut interest rates.
FT Adviser , 01 November 2024
Has the Budget changed the outlook for gilts?
