P226 CEEFAX 226 Wed 30 Dec 21:30/37   1/8     UNIT TRUST PANEL The MONEYFILE Unit Trust Panel has been recruited from a number of independent advisory firms in an attempt to offer a path through the unit trust jungle. Unit trusts, it must be emphasised, can fall in value. Neither the panellists nor the BBC can accept responsibility for recommendations made. Selections shown and opinions expressed are those of the persons named and are not necessarily shared by the BBC. * Investors are recommended always to seek professional advice before buying.  More
P226 CEEFAX 226 Wed 30 Dec 21:31/01   2/8     UNIT TRUST PANEL Jamie Berry (Berry Asset Management) * NEW YEAR commentary: 1988 is going to be a very difficult year in which to make profits in stock- markets. We expect to see a rally in the Spring but would be inclined to use this as an opportunity to raise cash from equities in favour of fixed interest. Investors should remember that every crisis presents opportunity: the brave and nimble investor will, one day, reap rewards from the present collapse.  More
P226 CEEFAX 226 Wed 30 Dec 21:30/02   3/8     UNIT TRUST PANEL Peter Edwards (Premier UT Brokers) * NEW YEAR commentary: Answer these questions and make money in 1988: 1: How low will the dollar go? 2: When will it turn up? 3: Can London uncouple from Wall Street? The more gloomy your first two answers, the more you should avoid going abroad. The more optimistic your third answer, the more you may favour UK funds. But, until you think you know, stay light overseas, sit tight, and keep some cash up your sleeve. And good luck!  More
P226 CEEFAX 226 Wed 30 Dec 21:10/10   4/8     UNIT TRUST PANEL Steve Hallett (Richards Longstaff) * NEW YEAR commentary: Given international cooperation over trade and currency imbalances, markets should make steady progress. Best hope for 1988 must be the UK: stable, increasingly competitive, and with seemingly sustainable growth. The emerging southern European economies may provide the spice elsewhere. The Far East still merits consideration despite its recent fall, though the US dollar makes us chary of this area.  More
P226 CEEFAX 226 Wed 30 Dec 21:35/40   5/8     UNIT TRUST PANEL Peter Hayes (Plan Invest Group) * NEW YEAR commentary: The crash of 1987 suggests we have one market, a global one differing only in style and currency denomination. If so, international cooperation, already evident, should avoid a repeat of 1929. Japan has not suffered as much as other markets but looked expensive before October. A move from Japan into the UK seems sensible. It is too late to buy gilts but yields of 5pc from income trusts offer a cushion if my optimism is misplaced.  More
P226 CEEFAX 226 Wed 30 Dec 21:20/13   6/8     UNIT TRUST PANEL Stephen Lansdown (Hargreaves Lansdown) * NEW YEAR commentary: When looking for inspiration following a major upheaval in the stock market look to Chinese philosophy! 1987 the Year of the Rabbit epitomises gossipy women, then turmoil. If October 1987 is a result, keep me from hags! 1988 sees the Year of the Dragon! A year of richness. Eight is a lucky number, so two eights give double luck! "Out with the old. In with the new. 1987 is over. All I can say is - whew!"
P226 CEEFAX 226 Wed 30 Dec 21:21/01   7/8     UNIT TRUST PANEL John Morton (Fraser Henderson) * NEW YEAR commentary: Economic prospects remain uncertain for 1988, so stay with quality. Find trusts investing for good and rising yields. Of all world markets, the UK looks most promising for 1988, ending the year oversold and undervalued on forecast economic growth of 2.5pc, post-crash. Japan's economy remains attractive and Europe should benefit from increasing overseas cash flows switched from Japan and America.  More
P226 CEEFAX 226 Wed 30 Dec 21:14/11     UNIT TRUST PANEL @ohn Morton (Fraser Henderson) * NEW YEAR commentary: Economic prospects remain uncertain for 1988, so stay with quality. Find trusts investing for good and rising yields. Of all world markdts, the MG looks most promising for 1988, ending the year oversold and undervaludd on forecast economic growth of 2.5pc, post-crash. Japan's economy remains attractive and Europd should benefit from increasing overseas cash flows switched from J—pan and America.  More
P226 CEEFAX 226 Wed 30 Dec 21:32/10   8/8     UNIT TRUST PANEL Kean Seager (Whitechurch Securities) * NEW YEAR commentary: 1987 was best described "For Richer for Poorer". I feel the fall was overdone and expect recovery in 1988. I most favour the UK, where, although better market liquidity is needed, the background looks sound. The dollar will remain weak, affecting Wall Street. Japan remains expensive, but smaller Far East countries look good long-term value. Really bombed-out markets, such as Australia and Hong Kong, could do well at some stage.  More