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.
16 June 2025
Daily market update: oil prices, gold, Metro Bank, Entain“European shares were surprisingly resilient against a backdrop of uncertainty,” says Russ Mould, Investment Director at AJ Bell.
“Helping to prop up FTSE 100 was continued strength in oil prices as tensions remained high in the Middle East. Crude oil rose 1.1% to $72 per barrel, driving shares in FTSE heavyweights BP and Shell and taking the...
13 June 2025
Daily market update: FTSE 100, oil, gold, Boeing, Adobe“The FTSE 100 did not have long to bask in the glory of reaching a new record close last night with Israel’s military strikes on Iran putting stocks on the back foot globally,” says AJ Bell Investment Director Russ Mould.
“Concern about an escalating conflict in the Middle East saw oil hit its highest level since January and gold was also in demand...
12 June 2025
Daily market update: BP, Shell, tariffs, Halma, Tesco, Poundland“Having narrowly missed closing at a new record high last night, the FTSE 100 held firm at the market open as strength in energy and tech was offset by weakness in banking shares,” says AJ Bell Investment Director Russ Mould.
“Escalating tensions between the US and Iran helped oil prices to a two-month high and gave heavyweight stocks BP and Shell...
11 June 2025
Daily market update: GameStop, Inditex, UK takeovers, Ricardo, TSMC“The FTSE 100 looks like it might attain the closing high it missed by a whisker yesterday as positive news on trade talks between the US and China boosted sentiment,” says AJ Bell Investment Director Russ Mould.
“Banks, housebuilders and miners did the heavy lifting for the index with the retail sector proving a drag on Wednesday morning after...
10 June 2025
Daily market update: Rolls-Royce, Bellway, Marks & Spencer, Diageo, Filtronic“Most European markets edged high as investors patiently waited for news on US/China trade talks,” says Russ Mould, Investment Director at AJ Bell.
“Where there is still a sense of cautiousness around how to position portfolios for the longer term, there were enough corporate news flow to spur trading in a range of stocks.
“UK housebuilders were at...
9 June 2025
Daily market update: Revolution Beauty, Frasers, Boohoo, WPP“The FTSE 100 held firm at the start of the new trading week as investors continued to wait for trade talk updates,” says AJ Bell Investment Director Russ Mould.
“Miners were higher despite weak data from China as the impact of the trade tensions between the world’s second largest economy and the US was laid bare. Exports to America plunged and...
6 June 2025
Daily market update: FTSE 100, Tesla, HSBC, Rosebank“The UK stock market was a rare bright spot among a lacklustre session for European equities on Friday,” says Russ Mould, Investment Director at AJ Bell.
“The FTSE 100 advanced 0.2% to 8,829, with two thirds of the index’s members in positive territory. Utilities and healthcare led the charge as investors focused on dividend-paying defensive-style...
5 June 2025
Daily market update: ECB rate decision, Wise, Wizz Air, Mitie, Marlowe, Dr Martens“European shares tread water ahead of the European Central Bank's (ECB) interest rate decision,” says Russ Mould, Investment Director at AJ Bell.
“The ECB is widely expected to cut the cost of borrowing. Investors will be more focused on any signals regarding the pace of any further potential cuts.
“Inflation isn’t a problem, but sluggish economic...
4 June 2025
Daily market update: Trump's trade policy, FTSE 100, Airbus, WH Smith, B&M“Markets remain in a holding pattern pending an update on trade negotiations between the Trump administration and various foreign governments,” says Russ Mould, Investment Director at AJ Bell.
“All eyes are on China given it is currently the biggest loser from Trump’s new trade policy, and it looks like we’re still some way off from a deal between...
3 June 2025
Daily market update: Thames Water, British American Tobacco, MJ Gleeson, Dalata Hotel“European equity markets struggled to find direction early on Tuesday, with investors still showing signs of nervousness around tariffs and the economic outlook,” says Russ Mould, Investment Director at AJ Bell.
“The Organisation for Economic Co-operation and Development (OECD) has downgraded its forecast for global economic growth as the effects...
