Russ Mould is AJ Bell's Investment Director. He has a Master's degree in Modern History from the University of Oxford and more than 30 years' experience of the capital markets.
He started out at Scottish Equitable in 1991 as a fund manager, where he had responsibility for the Nordic and Swiss equity markets. In 1993, Russ joined SG Warburg, now part of UBS investment bank, and worked there as an equity analyst covering the technology sectors for 12 years. He has also worked on IPOs and M&A deals. Russ was voted best analyst in the semiconductor sector in 2001 by Institutional Investor and reached the level of Managing Director in 2003 when he became head of UBS' global semiconductor research effort.
A member of the Chartered Institute for Securities and Investment (MSCI), Russ is responsible for providing written and video content for customers and clients. He also helps to build the company’s profile in print and broadcast media as part of AJ Bell's wider PR and brand team, working alongside the Investment Committee.
Russ joined Shares Magazine as technology correspondent in 2005 and took on the post of Editor in 2008. He was appointed as AJ Bell's Investment Director in 2013 following the company's acquisition of Shares' parent company, MSM Media. Russ regularly creates content across the AJ Bell website, including the Daily Market Update and Chart of the Week, and he hosts his own 'Breaking the Mould' weekly video series.
Outside of work, Russ is a qualified cricket coach, Italian speaker and avid fan of Doctor Who and NFL.
19 September 2025
What to expect from FTSE 100 dividends this yearThe FTSE 100 has performed well so far in 2025 and has hit new highs. That share price success might have delivered capital gains for investors but also means the prospective dividend yield is less attractive, currently offering 3.3%.
Dividend yields are calculated by expressing the expected dividend per share as a percentage of the current share...
19 September 2025
Daily market update: public sector finances, UK retail sales, TikTok, Live NationThe FTSE 100 was steady on Friday morning as US indices reached record highs overnight before news from Japan inspired some modest selling in Asia, says AJ Bell Investment Director Russ Mould.
While the Bank of Japan kept rates on hold last night there were two dissenters pushing for a hike and this offered a hint the central bank might phase out...
18 September 2025
Daily market update: central banks, gold, Next, InspecsWhile the rate cut machine has whirred back into action for the US, it’s expected to remain idle in the UK for a bit longer, says Russ Mould, Investment Director at AJ Bell.
Central banks have a key focus on two things: inflation and the jobs market. They raise interest rates if inflation or the economy are looking too hot and cut if the economy...
17 September 2025
Daily market update: GSK, AstraZeneca, Barratt Redrow, UnileverIt’s the big day investors have been anticipating all year – the first likely rate cut from the Federal Reserve in 2025. It’s a question of how much, not if, says Russ Mould, Investment Director at AJ Bell.
The market expects a quarter percentage point cut in recognition of a cooling jobs market. That result could help financial markets to keep...
16 September 2025
Daily market update: Nvidia, TikTok, Unilever, KierA barrage of US companies are expected to announce big investments in the UK to coincide with Donald Trump’s state visit, says Russ Mould, Investment Director at AJ Bell.
They are guaranteed widespread publicity and will likely please Trump by making the US look good.
Google-owner Alphabet is the latest name in the frame, with news it will spend £5...
15 September 2025
Daily market update: Centrica, Aldi, AOThe FTSE 100 was flat at the start of what could be a crunch week for financial markets, says AJ Bell Investment Director Russ Mould.
Later this week the Bank of England and US Federal Reserve are set to announce their latest decision on interest rates. Most of the recent progress made by US stocks has been founded on an expectation that a US rate...
12 September 2025
Daily market update: GDP figures, FTSE 100, FTSE 250, Ocado“A lacklustre GDP figure is more relevant to the FTSE 250 than the FTSE 100 index given the former has a greater proportion of domestic-focused companies,” says Russ Mould, Investment Director at AJ Bell.
“It’s never a good look for a country to be stuck in the mud, and the GDP data will put even more pressure on chancellor Rachel Reeves to find a...
11 September 2025
Daily market update: defence and oil stocks, Trainline, Klarna“Despite a mixed session on Wall Street last night and a small rise in the Vix volatility index, pockets of Europe and Asia moved higher on Thursday,” says Russ Mould, Investment Director at AJ Bell.
“The UK’s FTSE 100 led the charge in Europe as defence and energy stocks were at the top of investors’ buy lists. Ongoing geopolitical tensions have...
10 September 2025
Daily market update: Oracle, Primark, Zara, Apple, Novo Nordisk“European shares pushed ahead on a busy day for corporate news,” says Russ Mould, Investment Director at AJ Bell.
“A record-breaking day for Wall Street yesterday helped to calm investor nerves over Poland shooting down Russian drones that violated its airspace. Geopolitical concerns have been front and centre for multiple years, and investors had...
9 September 2025
Daily market update: French equities, Computacenter, Anglo American, Dunelm“A spate of deal-making fired up equities, with many of the main market indices advancing in Europe and Asia. Futures prices also imply a decent start to Wall Street when US markets open later,” says Russ Mould, Investment Director at AJ Bell.
“ Anglo American unveiled a deal to gobble up rival copper miner Teck. On a smaller scale, Novartis said...
