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.
20 May 2025
Daily market update: Diploma, Cranswick, Greggs, CATL, Vodafone“European markets took their cue from a recovery in US stocks overnight as market concerns eased and US government bond yields pulled back a touch,” says AJ Bell Investment Director Russ Mould.
“The downgrade to the US credit rating from agency Moody’s and fears about the impact on an already-large deficit of a package of tax cuts making its way...
19 May 2025
Daily market update: Diageo, Nvidia, Ryanair, Assura“While largely a symbolic move, the US credit downgrade from Moody’s, as well as the progress of a bill in Washington promising major tax cuts, cast a pall over the markets at the start of the week,” says AJ Bell Investment Director Russ Mould.
“Having been floored by the announcement of Liberation Day tariffs last month, stocks got back on their...
16 May 2025
Daily market update: Future, Richemont, Workspace, Character“The FTSE 100 continued its ascent as investors loaded up on pharma and energy stocks,” says Russ Mould, Investment Director at AJ Bell.
“ AstraZeneca, Shell and GSK were the biggest contributors to the FTSE 100 in terms of index points, suggesting that investors were fishing for opportunities among areas that have recently been weak.
“Pharma...
15 May 2025
Daily market update: Bakkavor, ITV, Premier Foods, B&M, Watches of Switzerland“A big pullback in oil prices weighed on markets across Europe,” says Russ Mould, Investment Director at AJ Bell.
“Traders focused on the prospect of a US/Iran nuclear deal which could see economic sanctions lifted on the latter and potentially lead to greater supplies of oil. That weighed on shares in BP and Shell which pulled down the FTSE 100...
14 May 2025
Daily market update: Burberry, Compass, Imperial Brands“The FTSE 100 ticked higher on Wednesday after mixed trading overnight in the US and Asia,” says AJ Bell Investment Director Russ Mould.
“Significantly, the S&P 500 crept into positive territory for the year – no mean feat given the uncertainties and pressures facing financial markets. Investors are likely to be looking for further news on US trade...
13 May 2025
Daily market update: Marks & Spencer, DCC, On The Beach, Revolution Beauty“The party didn’t last long,” says Russ Mould, Investment Director at AJ Bell.
“Having seen a strong start to the week on global markets following trade talks between the US and China, the rally has petered out. European markets were generally flat on Tuesday, big chunks of Asia pulled back, while futures prices imply a soggy start to trading on...
12 May 2025
Daily market update: markets rally, US-China trade talk, India-Pakistan ceasefire“Markets have welcomed the tentative US-China trade agreement with open arms,” says Russ Mould, Investment Director at AJ Bell.
“While the trade spat has only been dialled back for 90 days, it’s a major breakthrough as far as investors are concerned. The fact the two countries were talking was already a major win given they’ve been at each other’s...
9 May 2025
Daily market update: UK market, US-China trade talks, IAG, Rightmove“With the UK having basked in trade deal glory yesterday, the spotlight has now turned to China,” says Russ Mould, Investment Director at AJ Bell.
“China is America’s biggest rival in the trade war and any sign of a compromise in their tit-for-tat tariff spat could be taken positively by markets. It would help to settle nerves and dial down...
8 May 2025
Daily market update: interest rate decisions, US chip restriction changes, Next“Investors are watching history unfold before their eyes,” says Russ Mould, Investment Director at AJ Bell.
“The Trump administration has already caused turmoil in the business world with the Liberation Day tariff plan. We’re now entering the next phase as countries do deals with the US, and Trump once again changes the rules as he rips up Joe...
7 May 2025
Daily market update: BAE Systems, Wetherspoons, Novo Nordisk, Trainline“The FTSE 100 was lower in early trading after a ramp-up in geopolitical tensions,” says AJ Bell Investment Director Russ Mould.
“Nuclear powers India and Pakistan in a stand-off over the Kashmir prompted a few jitters, with the Federal Reserve meeting later also inducing a few butterflies in investors’ stomachs. The Fed is widely expected to...
