Ray Heath

Euroland ponds advised for avid bottom fishers

EUROLAND? Or Disneyland? Has the great European economic renaissance turned into a fairy tale? Investors looking for a market which has been left behind this year and so offers some hidden value need look no further than the continent of Europe.

Sunday, 18 July, 1999, 12:00am

Some investment wisdom on choosing mutual funds from Alice the Bag Lady

THE search for investment wisdom can take newcomers to the world of unit trusts down unexpected roads, or even on to the streets.

However, the Doonesbury cartoon strip would seem one of the most unlikely advice centres of all. But Alice, the suddenly wealthy bag lady, appeared to know what she was talking about last week when faced with investing her newfound millions.

1 Nov 1998 - 12:00am

Unit trusts will do until he gains experience or the golf swing improves

This is the second in an occasional series of conversations in which an old hand provides basic answers to frequently asked questions about fund investing.

AULD Mac is quietly enjoying his evening scotch whisky at the golf club when he is surprised to see young Helen striding across the bar, looking worried.

19 Jul 1998 - 12:00am

Auld Mac sees unit trusts as one way to conquer life's financial handicaps

THIS is the first in an occasional series of conversations in which an old hand provides basic answers to frequently asked questions about fund investing.

12 Jul 1998 - 12:00am

When it comes to funds, the cheque probably isn't in the mail

IN good old laissez-faire Hong Kong, the rules on flogging everything from cures for baldness to instant weight-loss treatments are pretty open. But there is, or should be, a limit. Cures for cancer, for instance, are banned.

Also under severe restriction are claims about investing in unit trusts. There are sound historical reasons for this.

28 Jun 1998 - 12:00am

New column for investors in unit trusts

Family Money this week launches a column called Focus on Funds. Each week, Ray Heath will tackle issues of interest to retail investors in unit trusts.

Comments and suggestions can be faxed to him at 2565-2475 or e-mailed to rayheath@scmp.com.

The column starts on Page 11 today.

10 May 1998 - 12:00am

EIU forecasts zero growth for HK economy

IN one of the gloomiest reports yet, issued on the Hong Kong economy, the Economist Intelligence Unit (EIU) says 1997 will be a year of zero growth and stagnant private consumption.

The unit spotlighted the 1997 factor as a major influence on the economy, with emigration rising and investors exercising caution ahead of the takeover.

6 Jun 1995 - 12:00am

A model shareholder

DETAILED discussions of a company's affairs are not what annual general meetings are normally about in the territory.

A quick run through the agenda, unanimous agreement on all proposals, and it's off for dim sum for shareholders - if any turn up - and shark's fin for directors.

16 May 1995 - 12:00am

Virgin move a sign of the times in HK

WHAT Hong Kong wants to hear today is that the postponement of the Virgin Mega Store deal was because of friction between the two sides; or a desire by Wheelock not to hurt its sister company, Wharf, which is the landlord of Tower Records in Times Square; or that mercurial Richard Branson has just had other ideas, like ballooning from Hong Kong to Australia.

30 Mar 1995 - 12:00am

The strange silence is hard to bear

LISTEN! Hear that virtual silence? It's the sound of very little happening in the world's financial markets.

Here the odd thud, as the dollar has one of its regular tussles with the yen; there the occasional thump, as Mexico falls over another ledge - but no real crash, bang, wallop.

1 Mar 1995 - 12:00am

Unisys minds its business

THERE is something uplifting, as well as ironic, about the forecast from Unisys that this year will see double-digit growth from its operations in China, coming as it does shortly after the group decided to make Beijing its centre of activity.

9 Feb 1995 - 12:00am

Retailers feel winter chill

THE most bored workers in Hong Kong today must be the shop assistants, who sit around filing their nails, humming, 'Where have all the clients gone?' Perhaps they should form a trio with the property agents and the stock sales teams.

Where have all the shoppers gone? Back to their flats, to eke out what funds are left after they have paid the mortgage, perhaps.

25 Jan 1995 - 12:00am

Risk and rewards

BUSINESS is about risk and rewards. One cannot have the second without at least a modicum of the other, and it is the good manager's task to reduce the ratio. If this can be done at somebody else's expense, so much the better.

This is an option that has long been available in China, thanks to the foreign exchange guarantees provided by the domestic banks.

17 Sep 1994 - 12:00am

After the roar, time to oil the squeaks

FIRST, let's pat each other on the back. All those long hours, hard work, international travelling and risk-taking has paid off, and Hong Kong is ranked as the fourth most competitive nation in the world.

As the World Economic Forum says, it is a remarkable achievement, given the uncertainties which the territory faces.

7 Sep 1994 - 12:00am

Time to shine the light on rebates

FOR too long, the subject of commission rebate was one of the skeletons in the Hong Kong financial markets' cupboard. Everyone knew it was there, many did not want it exposed to the light.

Now the Securities and Futures Commission (SFC) has thrown open the door, and the subject will get a much overdue and, hopefully, thorough airing.

30 Jun 1994 - 12:00am