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Global equities: the magnificent seven and beyond

  • Understand the impact of market concentration around the magnificent seven stocks
  • Explain the differences and similarities between the magnicent seven in the US and the granolas in Europe
  • Describe the trends affecting China's position as a big payer of dividends
CPD
Approx.60min
Global equities: the magnificent seven and beyond

Introduction

Welcome to Asset Allocator's latest special report, which is supported by JPMorgan Asset Management.

It is almost impossible to talk about global equity markets at the moment without the magnificent seven coming up in conversation. But this is simply one of the developments which has taken place in equity markets recently.

So this month we sit down and look in depth at how portfolios are addressing that conundrum and we then look beyond that at whether the answer lies in Europe.

We also look at what it means when a tech stock starts paying dividends and we look at whether the rise of China as a dividend payer changes the game for global equity income funds.

Once again, this special report qualifies for 60 minutes of CPD from the Chartered Institute for Securities & Investments, which has recently agreed to accredit Asset Allocator's content.

To bank the CPD simply read the articles and then answer the questions below (you can only access the questions once you have read all the articles). You can download the report by visiting FT Adviser's CPD section under "My CPD".

In this guide

CPD
Approx.60min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. Timothy Woodhouse says the market is of lower quality than it used to be, due to high concentration

  2. To what did Peter Wasko attribute, at least in part, the recent success of a concentrated number of stocks such as the magnificent seven and the granolas?

  3. How many of the magnificent seven have paid a dividend?

  4. What, according to Chris Metcalfe, is driving the belief China is "uninvestable"?

  5. Which of these companies is not a granola stock?

  6. James Flintoft says some tech companies are paying dividends because they have too much capital to invest in their own business

Nearly There…

You have successfully answered all the questions correctly, well done!

You should now know…

  • Understand the impact of market concentration around the magnificent seven stocks
  • Explain the differences and similarities between the magnicent seven in the US and the granolas in Europe
  • Describe the trends affecting China's position as a big payer of dividends

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