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.
11 August 2025
Daily market update: FTSE 100, gold, S4 Capital, Nvidia/AMD, Marshalls“The FTSE 100 made a decent start to the trading week as some recent laggards attracted attention from bargain hunters,” says AJ Bell Investment Director Russ Mould.
“The market seems very relaxed ahead of tomorrow’s deadline on US-China trade talks, reflecting the assumption an extension is in the offing and a deal will eventually be reached...
5 August 2025
Berkshire Hathaway stops building cash but share price slide continuesIn the three months since Warren Buffett announced his retirement plans, Berkshire Hathaway’s share price has continued to slide, perhaps suggesting that investors are yet to convince themselves the company can continue as an investment powerhouse without Buffett at the helm.
The decline in Berkshire’s share price since Buffett’s announcement on 3...
5 August 2025
Daily market update: Smith & Nephew, Fresnillo, BP, Diageo, Palantir“The FTSE 100 has its recent record highs in its sights again as global markets shake off the latest tariff turmoil,” says AJ Bell Investment Director Russ Mould.
“Strong corporate results are helping as they show businesses can still thrive despite the turbulent backdrop.
“ Smith & Nephew seems as if it’s been on the waiting list for a recovery...
4 August 2025
Daily market update: Supreme Court motor finance ruling, Clarkson, BP“The FTSE 100 managed a cautious recovery on Monday morning after the tariff-related sell-off at the end of last week,” says AJ Bell Investment Director Russ Mould.
“Concern about the ongoing ructions in global trade was compounded by the Trump administration’s decision to fire the head of the Bureau of Labor Statistics off the back of weak jobs...
1 August 2025
Daily market update: tariffs, AstraZeneca, GSK, IAG“Equity markets were flashing red as Trump’s tariff regime hits another milestone,” says Russ Mould, Investment Director at AJ Bell.
“Investors have been caught off guard, having previously hoped Trump would kick the new tariff levels down the road pending further negotiations with foreign trade partners. Instead, we’ve got new rates galore and...
31 July 2025
Daily market update: Shell, Unilever, Next, Rolls-Royce“Stellar results from Microsoft and Meta have fired up investors, quickly shifting the focus from US interest rates potentially staying higher for longer, to an environment where big tech is ruling the roost again,” says Russ Mould, Investment Director at AJ Bell.
“The probability of a US rate cut in September has fallen since the Fed’s rate...
30 July 2025
Daily market update: HSBC, Taylor Wimpey, BAE Systems“Investors got out of the wrong side of the bed, judging by the negative reaction to the latest round of corporate earnings,” says Russ Mould, Investment Director at AJ Bell.
“While certain stocks fell for good reason such as HSBC and Taylor Wimpey amid negative news, there were plenty of other big stocks like BAE Systems and GSK who couldn’t get a...
29 July 2025
Daily market update: Greggs, Barclays, AstraZeneca, WH Smith, Card Factory“The FTSE 100 enjoyed another good start, lifted by positive market reaction to AstraZeneca’s numbers and Games Workshop delivering yet another strong set of results,” says Russ Mould, Investment Director at AJ Bell.
“It’s a busy week for corporate earnings in the UK and US, and investors have plenty of news to digest. The latest set of UK results...
28 July 2025
Daily market update: European markets rally, AstraZeneca, GSK, STV“The much-awaited trade agreement between the US and the EU has finally been struck, sending a wave of relief across financial markets,” says Russ Mould, Investment Director at AJ Bell.
“As widely expected, the agreed tariffs aren’t as high as previously feared, which means investors are taking the trade agreement as a massive win.
“In reality...
25 July 2025
Daily market update: NatWest, Puma, Rightmove, Marshalls“The FTSE 100 lost some ground as investors took stock after another breathless week for the markets,” says AJ Bell Investment Director Russ Mould.
“There was positive economic news from the UK as retail sales bounced back in June helped by warm weather – although beyond the headline there were several signs that consumer confidence remains fragile...
