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.
10 October 2025
Daily market update: gold miners, Hays, defence stocks, IbstockThe FTSE 100 was stuck in the mud as the rest of Europe ploughed ahead at the end of the trading week.
Strength in consumer stocks and utilities was offset by weakness in miners and healthcare.
Gold miners sold off as investors took some profits following the storming run for the metal price. There was bound to be a pullback at some point given...
9 October 2025
Daily market update: HSBC, tech rally, Lloyds, Mobico, TSMCAnother day, another record closing level for both AI chip giant Nvidia and the tech-heavy Nasdaq index in the US, says Russ Mould, investment director at AJ Bell.
Investors who have held their nerve are cleaning up, yet the drums of worry are banging louder each day.
Concerns around excessive valuations, elevated levels of government borrowing...
8 October 2025
Gold price hits $4,000 for first time: how to invest in the precious metalGold has hit $4,000 an ounce for the first time, extending a series of record highs achieved in 2025. It first moved above $3,000 six months ago when US President Donald Trump announced his ‘Liberation Day’ tariffs, and the US government shutdown has now helped drive the precious metal to new highs.
Even before the tariff turmoil, central bank...
8 October 2025
Daily market update: FTSE 100, gold miners, Lloyds, Anglo American, TeslaAfter a miserable day on Wall Street yesterday, European markets opened with a spring in their step,” says Russ Mould, investment director at AJ Bell.
The FTSE 100 was propelled by Lloyds enjoying a relief rally amid relatively positive news on the motor finance scandal, while Endeavour Mining continued to shine off the back of gold surpassing $4...
7 October 2025
Daily market update: Shell, house prices, Tesla and B&MThe FTSE 100 held firm at the market open on Tuesday as strength in energy stocks was offset by weakness in miners and banks, says Russ Mould, investment director at AJ Bell.
The broader Stoxx Europe 600 index was also flat despite the best efforts of construction group Skanska which stood tall after a bullish broker note.
Futures prices imply a...
3 October 2025
Daily market update: FTSE 100 hits fresh all-time high, cost pressures hit WetherspoonThe FTSE 100 reached new record highs in early trading on Friday as investors shrugged off concerns about the US government shutdown.
News of OpenAI’s valuation reaching $500 billion, making it the world’s most valuable private company, helped fire enthusiasm in the tech sector and push US indices to new records yesterday.
There is growing...
2 October 2025
Daily market update: OpenAI, Tesco, Thames Water, stamp duty holidayYesterday, the FTSE 100 bucked a weak market open by rising above its peers in Europe. Today, it’s done the opposite, says Russ Mould, Investment Director at AJ Bell.
Strength among financials and miners wasn’t enough to offset weakness in utilities, tobacco and energy stocks.
Experian’s shares tumbled after the emergence of a new competitive...
1 October 2025
Daily market update: Diversified Energy, Nike, Taylor Wimpey, Topps TilesThe US government shutdown has left investors wondering what might happen next, with a minor pullback on European equity markets and weaker futures prices for Wall Street, says Russ Mould, Investment Director at AJ Bell. The FTSE 100 bucked the negative trend, rising 0.4% thanks to a surge in pharmaceutical stocks.
AstraZeneca, Hikma and GSK...
30 September 2025
Daily market update: gold, Smith & Nephew, Royal Mail, ASOS, AG BarrThe FTSE 100 was lower on Tuesday as investors started to fret about the prospect of a government shutdown in Washington, says AJ Bell Investment Director Russ Mould.
Relations between the Democrats and Republicans are frostier than an Alaska morning, so markets are not confident on the prospects of agreeing a deal before midnight tonight.
One of...
29 September 2025
Daily market update: FTSE 100, gold, GSK, AstraZenecaThe FTSE 100 was firmly higher on Monday after the market took reassurance from Friday’s reading of US inflation, says AJ Bell Investment Director Russ Mould.
The fact the PCE number – closely followed by the Federal Reserve when making interest rate decisions – came in bang in line with expectations helped create a positive mood on Wall Street...
