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 October 2025
Daily market update: UK banking stocks, L’Oréal, Kering, B&MA big recovery in Asian markets helped give the FTSE 100 a lift as investors look to put a difficult week behind them.
Helping the market’s mood were signs that a trade agreement might still be possible between the US and China before the 1 November deadline, and slightly better-than-expected Chinese economic growth.
News the ruling party in Japan...
17 October 2025
Daily market update: Why banking shares are leading markets lowerWhile everyone has been watching the tech sector for signs of a bubble, it’s the banking sector that’s the root cause of a minor market sell-off today..
US banking stocks were notably weak yesterday as investors worried about exposure to bad loans. That spread to Europe on Friday, with Barclays, Standard Chartered, NatWest and HSBC all dragging the...
16 October 2025
Daily market update: Centrica, Nestle, Whitbread struggles and Travis PerkinsRachel Reeves might be reaching for a buck’s fizz after the UK economy showed growth in August after contracting in July. However, the celebration may be short lived as a 0.1% expansion is minuscule and lower than the 0.2% growth expected by some economists.
We’re just six weeks away from the Chancellor’s Budget and the nation is eager to know how...
15 October 2025
Daily market update: CMA calls for vet market transparency, Capita faces finesMarkets have been lifted by the rekindling of rate cut expectations in the US after comments from Fed chair Jerome Powell which highlighted sluggish hiring were taken as an indication that not one, but two further cuts were very much on the table for 2025.
Buoyed by continued deal making in the frothy AI sector, investors seem prepared to overlook...
13 October 2025
Daily market update: US, China wobble, gold sparkles, LSE boosts AI workJust as it looked as if the US and China were making baby steps to repair their relationship, Donald Trump throws a spanner in the works.
A new threat of high tariffs on Chinese goods coming into the US spooked investors in the East, with Asian markets showing a sea of red, following a similarly bad session for Wall Street last Friday.
This new...
10 October 2025
Daily market update: gold miners, Hays, defence stocks, IbstockThe FTSE 100 was stuck in the mud as the rest of Europe ploughed ahead at the end of the trading week.
Strength in consumer stocks and utilities was offset by weakness in miners and healthcare.
Gold miners sold off as investors took some profits following the storming run for the metal price. There was bound to be a pullback at some point given...
9 October 2025
Daily market update: HSBC, tech rally, Lloyds, Mobico, TSMCAnother day, another record closing level for both AI chip giant Nvidia and the tech-heavy Nasdaq index in the US, says Russ Mould, investment director at AJ Bell.
Investors who have held their nerve are cleaning up, yet the drums of worry are banging louder each day.
Concerns around excessive valuations, elevated levels of government borrowing...
8 October 2025
Gold price hits $4,000 for first time: how to invest in the precious metalGold has hit $4,000 an ounce for the first time, extending a series of record highs achieved in 2025. It first moved above $3,000 six months ago when US President Donald Trump announced his ‘Liberation Day’ tariffs, and the US government shutdown has now helped drive the precious metal to new highs.
Even before the tariff turmoil, central bank...
8 October 2025
Daily market update: FTSE 100, gold miners, Lloyds, Anglo American, TeslaAfter a miserable day on Wall Street yesterday, European markets opened with a spring in their step,” says Russ Mould, investment director at AJ Bell.
The FTSE 100 was propelled by Lloyds enjoying a relief rally amid relatively positive news on the motor finance scandal, while Endeavour Mining continued to shine off the back of gold surpassing $4...
7 October 2025
Daily market update: Shell, house prices, Tesla and B&MThe FTSE 100 held firm at the market open on Tuesday as strength in energy stocks was offset by weakness in miners and banks, says Russ Mould, investment director at AJ Bell.
The broader Stoxx Europe 600 index was also flat despite the best efforts of construction group Skanska which stood tall after a bullish broker note.
Futures prices imply a...
