{"id":4103,"date":"2022-01-13T16:05:27","date_gmt":"2022-01-13T16:05:27","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=4103"},"modified":"2022-01-13T16:11:26","modified_gmt":"2022-01-13T16:11:26","slug":"in-the-news-wealth","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2022\/01\/13\/in-the-news-wealth\/","title":{"rendered":"In the news – Wealth"},"content":{"rendered":"
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Your 2022\nplaylist<\/strong><\/p>\n<\/div>\n\n

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Research\nstudies over the years have reinforced the idea that equity prices are not\nsolely driven by analysis of a company\u2019s prospects but also by outside factors\nwhich can impact investor mood. Correlation has been found between improved\nstock market performance on sunny days or poor performance after a country\nloses a vital football match, for example.<\/p>\n<\/div>\n\n

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A novel measure\nof investor sentiment has been discovered by a recent study, which apparently\ncaptures actual sentiment rather than shocks to sentiment1<\/sup>. A significant\ncorrelation has been determined across 40 national stock markets between weekly\nequity returns and the emotional content of that week\u2019s top 200 songs on\nSpotify. The findings suggest that stock markets perform better when a country\nis listening to happier songs \u2013 \u2018In our main findings, we document a\npositive and significant relation between music sentiment and contemporaneous\nmarket returns, controlling for world market returns, seasonalities and\nmacroeconomic variables. Music sentiment also predicts increases in net mutual\nfund flows and absolute sentiment precedes a rise in stock market volatility.\nOur study provides evidence that the actual sentiment of a country\u2019s citizens\nsignificantly affects asset prices.\u2019<\/em><\/p>\n<\/div>\n\n

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Whatever\u2019s on\nyour playlist this year, you can rely on us to take the emotion out of your\ninvestment decisions.<\/p>\n<\/div>\n\n

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Risk-on,\nrisk-off<\/strong><\/p>\n<\/div>\n\n

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New research2<\/sup>\nhas shown that affluent to ultra-high-net-worth UK investors are more\nconservative when compared with their international counterparts, as 54% of UK\nrespondents rate themselves as conservative in their approach to risk, with the\nlowest percentage of any nation surveyed (10%) saying they adopt an aggressive\napproach. In contrast, nearly half of respondents from China rated themselves\naggressive in their approach to risk, with just 19% conservative. Potentially\nunderpinning the lower risk, long-term mindset, the primary reason for 66% of\nUK respondents for saving and investing is for their retirement, with 35%\nciting future healthcare costs and 17% entrepreneurial activities.<\/p>\n<\/div>\n\n

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\u00a3810m tax\nrelief unclaimed<\/strong><\/p>\n<\/div>\n\n

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Recently\nreleased data3<\/sup> has highlighted that during the 2018\/19 tax year, an\nestimated \u00a3810m in tax relief was unclaimed by over 1.5 million of the UK\u2019s\nhighest earners. Higher rate taxpayers benefit from 40% tax relief, but eight\nin ten failed to use their Self-Assessment tax return to claim it. Similarly,\n53% of additional rate taxpayers failed to claim the 45% tax relief for which\nthey are eligible.<\/p>\n<\/div>\n\n

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1<\/sup>The London\nBusiness School, 2021<\/p>\n<\/div>\n\n

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2<\/sup>Avaloq, 2021\n<\/p>\n<\/div>\n\n

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3<\/sup>Pension\nBee, 2021<\/p>\n<\/div>\n\n

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The value of\ninvestments and income from them may go down. You may not get back the original\namount invested.<\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Your 2022 playlist Research studies over the years have reinforced the idea that equity prices are not solely driven by analysis of a company\u2019s prospects but also by outside factors which can impact investor mood. Correlation has been found between improved stock market performance on sunny days or poor performance after a country loses a […]<\/p>\n","protected":false},"author":12,"featured_media":4099,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,89,90],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/4103"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=4103"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/4103\/revisions"}],"predecessor-version":[{"id":4107,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/4103\/revisions\/4107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/4099"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=4103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=4103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=4103"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=4103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}