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.
18 August 2025
Daily market update: Jackson Hole in focus and LandSec office sale“The FTSE 100 ticked higher on Monday morning but was still firmly below the intraday record highs achieved on Friday morning,” says AJ Bell investment director Russ Mould.
“Any optimism that the summit between President Trump and Russian leader Vladimir Putin would yield immediate progress towards a peace deal proved misplaced, but the market will...
15 August 2025
Daily market update: FTSE 100, Intel, Associated British Foods“It is not often that the market’s attention is centred on Alaska but the US state will be firmly in focus on Friday as President Donald Trump and Russian leader Vladimir Putin meet to discuss the Ukraine conflict,” says AJ Bell Investment Director Russ Mould.
“Any outcomes will not come until after UK markets have concluded trading for the day but...
14 August 2025
Daily market update: Admiral, Aviva, Antofagasta, Centrica“The FTSE 100 dipped from yesterday’s record close on Thursday morning after gains on Wall Street and mixed trading in Asia overnight,” says AJ Bell Investment Director Russ Mould.
“Increased hopes for interest rate cuts from the Federal Reserve helped US indices to advance on Wednesday, though some of that momentum had evaporated by the time Asian...
13 August 2025
Daily market update: tariffs, global stocks, Persimmon“Animal spirits are definitely in charge of the market right now, as investors embrace the potential for the Fed to cut interest rates in the wake of what was seen as a soft inflation reading in the US,” says Russ Mould, Investment Director at AJ Bell.
“The US central bank still remains in cautious mode, waiting to observe if tariffs stoke a pick...
12 August 2025
Daily market update: Spirax, Entain, Bellway“Markets reacted with relief to news of an extension on the US-China trade deadline which was set to expire today,” says AJ Bell Investment Director Russ Mould.
“However, this relief was measured given the market had largely anticipated such an outcome. Asian stocks were higher overnight and the FTSE 100 got a boost from a mining sector whose...
11 August 2025
Daily market update: FTSE 100, gold, S4 Capital, Nvidia/AMD, Marshalls“The FTSE 100 made a decent start to the trading week as some recent laggards attracted attention from bargain hunters,” says AJ Bell Investment Director Russ Mould.
“The market seems very relaxed ahead of tomorrow’s deadline on US-China trade talks, reflecting the assumption an extension is in the offing and a deal will eventually be reached...
5 August 2025
Berkshire Hathaway stops building cash but share price slide continuesIn the three months since Warren Buffett announced his retirement plans, Berkshire Hathaway’s share price has continued to slide, perhaps suggesting that investors are yet to convince themselves the company can continue as an investment powerhouse without Buffett at the helm.
The decline in Berkshire’s share price since Buffett’s announcement on 3...
5 August 2025
Daily market update: Smith & Nephew, Fresnillo, BP, Diageo, Palantir“The FTSE 100 has its recent record highs in its sights again as global markets shake off the latest tariff turmoil,” says AJ Bell Investment Director Russ Mould.
“Strong corporate results are helping as they show businesses can still thrive despite the turbulent backdrop.
“ Smith & Nephew seems as if it’s been on the waiting list for a recovery...
4 August 2025
Daily market update: Supreme Court motor finance ruling, Clarkson, BP“The FTSE 100 managed a cautious recovery on Monday morning after the tariff-related sell-off at the end of last week,” says AJ Bell Investment Director Russ Mould.
“Concern about the ongoing ructions in global trade was compounded by the Trump administration’s decision to fire the head of the Bureau of Labor Statistics off the back of weak jobs...
1 August 2025
Daily market update: tariffs, AstraZeneca, GSK, IAG“Equity markets were flashing red as Trump’s tariff regime hits another milestone,” says Russ Mould, Investment Director at AJ Bell.
“Investors have been caught off guard, having previously hoped Trump would kick the new tariff levels down the road pending further negotiations with foreign trade partners. Instead, we’ve got new rates galore and...
