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.
1 September 2025
Daily market update: defence stocks, Rolls-Royce, BYD, Domino’s Pizza“European markets enjoyed a decent start to the week, grabbing investors’ attention as US markets will be closed later for the Labor Day holiday,” says AJ Bell Investment Director Russ Mould.
“Wall Street was weak last Friday as a key measure of inflation came in higher than expected. That negativity weighed on Japan where the Nikkei saw a big drop...
29 August 2025
Daily market update: UK banks, US inflation data, Wood Group“The UK stock market ended the week on a sour note amid suggestions that the government could help to fill its fiscal hole with a new tax on the banking sector,” says Russ Mould, Investment Director at AJ Bell.
“Some of the biggest names in the FTSE 100 are lenders so if they’re out of favour on the stock market, it acts as a drag on the whole UK...
28 August 2025
Daily market update: Nvidia, Tesla, Drax“The UK market was steady on Thursday morning after mixed trading in Asia and modest gains on Wall Street overnight,” says AJ Bell Investment Director Russ Mould.
“ Nvidia may have taken a bit of a tumble as its earnings proved mixed but that didn’t damage investor sentiment too much on a broader scale.
“A modest recovery in the dollar, despite the...
27 August 2025
Daily market update: FTSE 100, Nvidia, JD Sports, National Grid“A small rally on Wall Street last night set the tone for a calmer session in Europe on Wednesday,” says Russ Mould, Investment Director at AJ Bell.
“Trump’s latest meddling with the Federal Reserve had threatened to cast a dark cloud over global markets, yet investors didn’t enter the panic zone.
“The FTSE 100 advanced 0.2% to 9,280, led by oil...
26 August 2025
Daily market update: Costa Coffee, British American Tobacco, Bunzl“A jump in US Treasury yields indicates that bond investors aren’t happy about how Trump continues to meddle with the Fed and threaten its independence,” says Russ Mould, Investment Director at AJ Bell.
“Equity markets were in the red across Europe and Asia, and futures prices imply Wall Street will follow suit when it opens for trading later today...
18 August 2025
Daily market update: Jackson Hole in focus and LandSec office sale“The FTSE 100 ticked higher on Monday morning but was still firmly below the intraday record highs achieved on Friday morning,” says AJ Bell investment director Russ Mould.
“Any optimism that the summit between President Trump and Russian leader Vladimir Putin would yield immediate progress towards a peace deal proved misplaced, but the market will...
15 August 2025
Daily market update: FTSE 100, Intel, Associated British Foods“It is not often that the market’s attention is centred on Alaska but the US state will be firmly in focus on Friday as President Donald Trump and Russian leader Vladimir Putin meet to discuss the Ukraine conflict,” says AJ Bell Investment Director Russ Mould.
“Any outcomes will not come until after UK markets have concluded trading for the day but...
14 August 2025
Daily market update: Admiral, Aviva, Antofagasta, Centrica“The FTSE 100 dipped from yesterday’s record close on Thursday morning after gains on Wall Street and mixed trading in Asia overnight,” says AJ Bell Investment Director Russ Mould.
“Increased hopes for interest rate cuts from the Federal Reserve helped US indices to advance on Wednesday, though some of that momentum had evaporated by the time Asian...
13 August 2025
Daily market update: tariffs, global stocks, Persimmon“Animal spirits are definitely in charge of the market right now, as investors embrace the potential for the Fed to cut interest rates in the wake of what was seen as a soft inflation reading in the US,” says Russ Mould, Investment Director at AJ Bell.
“The US central bank still remains in cautious mode, waiting to observe if tariffs stoke a pick...
12 August 2025
Daily market update: Spirax, Entain, Bellway“Markets reacted with relief to news of an extension on the US-China trade deadline which was set to expire today,” says AJ Bell Investment Director Russ Mould.
“However, this relief was measured given the market had largely anticipated such an outcome. Asian stocks were higher overnight and the FTSE 100 got a boost from a mining sector whose...
