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.
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...
8 September 2025
Daily market update: Japanese stocks, Domino's, Vistry, Grainger“The FTSE 100 ticked higher on Monday as investors shrugged off the weak US jobs numbers which affected sentiment at the end of last week,” says AJ Bell Investment Director Russ Mould.
“Investors were hoping for a Goldilocks number – which was not hot enough to prevent the Federal Reserve from cutting rates when it meets next week but not so tepid...
5 September 2025
Daily market update: housebuilders, Lululemon, Broadcom, Gear4Music“Equity markets were quiet at the end of the week, albeit there is still a chance for a last-minute wobble if US jobs data delivers a shock,” says Russ Mould, Investment Director at AJ Bell.
“Non-farm payrolls are expected to have grown by 75,000 in August, slightly above July’s 73,000 figure. Investors are looking to see if the jobs market is hot...
4 September 2025
Daily market update: Eurocell, Jet2, Currys“The FTSE 100 pushed ahead as bond markets calmed down and the focus shifted to US jobs data,” says AJ Bell Investment Director Russ Mould.
“Ahead of non-farm payrolls on Friday, sharply lower job openings across the Atlantic suggested a weakening in the labour market which could push the Federal Reserve to cut interest rates more aggressively.
“Ma...
3 September 2025
Daily market update: Alphabet, Hilton Food, Canal+, Watches of Switzerland“It’s another uneven day for financial markets as the worry list gets even longer,” says Russ Mould, Investment Director at AJ Bell.
“Having been troubled by a jump in long-dated government bond yields yesterday, equities got off to a wobbly start again as investors woke up to leaders of China, Russia and North Korea coming together in public for...
2 September 2025
Daily market update: Centrica, Nestle, Tesla, gold and silver“The FTSE 100 slipped in early trading on Tuesday as investors await the resumption of trading on Wall Street after yesterday’s Labor Day holiday,” says AJ Bell investment director Russ Mould.
“Tobacco, utilities and banks acted as a drag on the UK index, failing to offset strength in energy and healthcare.
“Oil stocks and precious metals miners...
