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.
6 May 2025
Daily market update: BP, Deliveroo, Ford, Associated British Foods’“The FTSE 100 started the week with a bang, yet those early gains quickly faded away,” says Russ Mould, investment director at AJ Bell.
“A mixture of takeover talk and investors reaching for defensive stocks initially gave the UK blue-chip index a lift.
“ British American Tobacco was the biggest mover on the FTSE 100 in terms of index points, with...
2 May 2025
Daily market update: Apple, Amazon, Shell, NatWest“The FTSE 100 was on course to extend its winning streak after signs of a potential de-escalation of the tariff stand-off between US and China gave investors real heart,” says AJ Bell Investment Director Russ Mould.
“There were strong gains in Asia and on Wall Street overnight. The latter helped by strong after-hours results from Microsoft and Meta...
1 May 2025
Trump’s first 100 days avoid worst post-war stock market start to presidencyAs President Trump hits 100 days in office, a near 12% rally in America’s S&P 500 index from its closing low on 8 April has stopped his second term in office from offering investors the worst start of any post-war American leader, in terms of stock market returns.
The S&P 500 is down by 7.1% since Trump’s inauguration on 20 January and only Richard...
1 May 2025
Why transport stocks can help gauge the effect of tariffsA big rally from the 8 April lows means the NASDAQ Composite is now in the black for this month, while the S&P 500 is flat.
This may look to vindicate a ‘buy-on-the-dip’ strategy, and persuade the White House that all is still going to plan, but the Dow Jones Industrials is down and so is the Dow Jones Transports, so there remains the risk that...
1 May 2025
Daily market update: Lloyds, Tesla, Rolls-Royce, Clarkson, Whitbread“The FTSE 100 was firm in early trading,” says AJ Bell Investment Director Russ Mould.
“Ever since President Donald Trump announced his partial U-turn on tariffs on 9 April the index has been on the rise.
“There was plenty of corporate news for the markets to digest on Thursday morning – with the good, bad and ugly all represented.
“Banks, energy...
30 April 2025
Daily market update: GSK and Barclays impress with results, Glencore disappoints“The FTSE 100 held firm as corporate results came thick and fast”, says AJ Bell Investment Director Russ Mould.
“GSK’s upbeat tone helped to lift the broader pharma sector while Barclays’ results pleased the market.
“Acting as an anchor to the UK index was Glencore which fell after issuing weak first-quarter production numbers. The mining and...
29 April 2025
Daily market update: AstraZeneca, HSBC, BP, Associated British Foods, Entain“Banks, defence and miners did their best to lift the FTSE 100, yet the negative pressures were too great from pharma and energy stocks for the UK index to make any headway,” says AJ Bell Investment Director Russ Mould.
“A significant amount of corporate news flow gave investors food for thought. News flow has generally been good for the first...
28 April 2025
Daily market update: FTSE 100, Wall Street, Deliveroo“A weekend light on drama was just what the doctor ordered for financial markets and the FTSE 100 made a strong start on Monday to move closer to recovering all of its post-Liberation Day losses,” says AJ Bell Investment Director Russ Mould.
“Domestic focused names, including housebuilders and retailers, were among the gainers in London.
“Recent...
25 April 2025
Daily market update: Alphabet, Intel, WPP, Evoke, Mobico“Another strong session on Wall Street yesterday lifted spirits at the end of the trading week, resulting in small but welcome gains across much of European equities markets on Friday,” says Russ Mould, Investment Director at AJ Bell.
“France and Spain led the way with 0.3% gains apiece, while the FTSE 100 tried its hardest to keep its head above...
24 April 2025
Daily market update: Nestlé, Pod Point, Unilever, ASOS, Kering“Markets paused for breath after the recent rally as investors were treated to a barrage of corporate news to get their heads around,” says Russ Mould, Investment Director at AJ Bell.
“As always, the outlook statement was more important to investors than the backward-looking numbers. Comments about tariffs from business leaders are omnipresent and...
