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.
26 September 2025
Daily market update: new tariffs, TikTok, PennonThere was a peculiar end to the week for financial markets as Asian indices were in the red while European indices moved higher, says Russ Mould, Investment Director at AJ Bell.
Asia was dragged down by weakness in pharmaceutical stocks as investors worried that numerous players would be caught up in a twist to Trump’s tariff regime.
There was also...
25 September 2025
Daily market update: Mitchells & Butlers, H&M, Babcock, DFSThere was a sea of red across European markets as healthcare, real estate, financials and industrial stocks were out of fashion, says Russ Mould, Investment Director at AJ Bell.
Weakness in names such as HSBC and AstraZeneca would suggest a more cautious tone among investors, but not a complete shift in sentiment.
Futures prices imply progress for...
24 September 2025
Daily market update: JD Sports, Greggs, Alibaba, Beauty TechThe FTSE 100 was off to a poor start on Wednesday, taking its cue from losses in the US overnight as Federal Reserve chair Jerome Powell painted a mixed picture on the outlook for interest rates, says AJ Bell Investment Director Russ Mould.
Powell’s measured take, as he seeks to balance risks posed by inflation and a stuttering labour market, was...
23 September 2025
Daily market update: OpenAI-Nvidia tie-up, Kenvue, Kingfisher, Raspberry PiThe FTSE 100 ticked higher on Tuesday as US shares were higher despite the hoo-ha around visa fees, says AJ Bell Investment Director Russ Mould.
Helping to draw focus from this issue was Nvidia’s $100 billion tie-up with OpenAI which helped US indices and some Asian markets to new record levels.
There was a split of opinion on whether this...
22 September 2025
Daily market update: FTSE 100, gold, airport cyberattackLike a teenager still adjusting to being back at school, the FTSE 100’s recent lethargy continued as the index traded lower at the start of the new trading week, says AJ Bell Investment Director Russ Mould.
US indices may have clawed their way to new record highs last Friday and the Nikkei 225 bounced back on Monday, but UK stocks were held back by...
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...
