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.
30 December 2025
What to expect from FTSE 100 dividends in 2026Investors could potentially enjoy a 3.4% yield from the FTSE 100 in 2026, according to the market consensus forecast for dividend payments next year. That compares with a 3.2% yield for 2025.
This is one of the key findings from the latest edition of the AJ Bell Dividend Dashboard, which looks at trends among the UK’s biggest listed companies and...
24 December 2025
Daily market update: FTSE 100 dips, precious metals, BPNot much seemed to be stirring on Christmas Eve on the UK stock market as the FTSE 100 drifted a little lower.
Weakness in the dollar, expectations for further US rate cuts, concerns about government deficits and debt in the developed world and geopolitical tensions have all been combining to put precious metals on a pedestal.
However, having hit...
24 December 2025
Five themes for investors to watch in 2026Markets’ core scenario remains one of cooling inflation, steady economic growth and falling interest rates in 2026.
Faith in central banks’ ability, and willingness, to ride to the rescue in the event of any unforeseen events, such as a recession or bout of wider market volatility, remains undimmed.
Some even expect the US Federal Reserve to deploy...
23 December 2025
Daily market update: GDP and inflation data, Novo Nordisk, Pets at HomeThe FTSE 100 made a steady if unspectacular start on the last full trading day before Christmas.
This followed a decent showing for US and Asian markets overnight even if the record highs for gold and silver hint at some continuing nervousness among investors. Updated estimates of GDP and core PCE inflation data stateside, both delayed by the US...
22 December 2025
Daily market update: FTSE 100, gold, GSK, RankThe FTSE 100 started Christmas week on the back foot, with healthcare and utility stocks acting as a drag on the index.
Precious metals miners led the way, as they have for much of 2025, with gold hitting a new all-time high on expectations of further interest rate cuts from the Federal Reserve and robust demand for its safe haven qualities.
An end...
18 December 2025
Daily market update: FTSE 100 steady ahead of rate decisions, BP, CurrysThe FTSE 100 was steady in early trading as investors await a Bank of England meeting which is seen as being nailed on to deliver a pre-Christmas rate cut.
Continuing strength in the housebuilding sector and some signs of life among retail shares were notable features of early trading. This followed selling in Asian and US markets overnight as...
16 December 2025
Daily market update: housebuilders, Shell & BP, CentricaHaving moved within sight of the 10,000 mark a little over a month ago, the FTSE 100 lost momentum again today.
There appears to be little sign of a Santa Rally as concerns about tech valuations continue to knock sentiment in US and Asian markets.
The chances of an interest rate cut from the Bank of England this Thursday, already widely priced in...
16 December 2025
What is the Shiller PE and can it reveal if we’re in a bubble?Ask the experts. Russ Mould is on hand to answer your queries about the financial markets. If you'd like a question considered for a future edition, send it in now.
What is the Shiller PE and can it reveal if we’re in a bubble?
There is a lot of noise in the current market about Shiller PE ratio and markets. If you can please explain this I would...
15 December 2025
Daily market update: gold and silver, Hikma Pharmaceuticals, NextDespite a sell-off in Asia, the FTSE 100 got off to a strong start on Monday, supported by higher precious metals prices.
The continuing surge in gold and silver helped lift Endeavour Mining and Fresnillo, and there was broader strength in the mining sector, despite weak Chinese data. The sickly industrial production and retail figures strengthen...
11 December 2025
Daily market update: US rate cut, Oracle, DraxAnother day, another rate cut. What’s normally a driver for equity markets has become old news, and investors have shrugged off the Fed’s latest reduction in US borrowing costs as it is becoming harder to guess where rates might go next.
The fanfare around rate cuts was short-lived. European markets were nonplussed at the news, and Wall Street is...
