Thera In the press
For any press enquiries or for comment, please contact: Philip Dragoumis, Director & Independent Financial Planner philip@therawealth.co.uk
31 Oct 2024
“Tamer than expected” Advisers react to Budget
The devil is in the details, however, If you read and believed the Telegraph over the past month or so, Labour was about to introduce communism by seizing our property..and our first born. Article continues after advert “It's been a much tamer budget than expected. CGT was not raised to income tax levels, there were no changes on pension tax-free cash, lifetime allowances or annual allowances.
06 Aug 2024
Black monday- what the current stock market turbulence means for your savings and investments
Philip Dragoumis, director and owner at Thera Wealth Management, said it’s “not all bad news”. He added: “Bonds are going up, interest rates are going down, oil prices are falling, and gas prices are collapsing — all of which are helpful for the economy. I
20 Mar 2024
Advisers mixed on emerging market allocation
Commenting on his approach to emerging markets, Philip Dragoumis, director and owner at Thera Wealth Management, said the company held around a 10 per cent allocation to emerging markets within the equities portion of its client's investments and zero in bonds. “This is pretty much in line with the global indices. We use emerging market equity index funds,” Dragoumis added.
20 Mar 2024
Is it time to dump global trackers?
Philip Dragoumis, director at Thera Wealth Management adds that the market often goes through concentrated periods. “Throughout the last hundred years there have been many times when the market has been concentrated around one group of stocks, or one geography or one sector,” he says “Global Index returns have not been the worse for it.
19 Sep 2023
UK equities in client portfolios
Philip Dragoumis, director and owner at Thera Wealth Management, said: “As we run an evidence-based investment strategy for clients, we believe that the sum of all global capital flows should determine client geographical allocations. “UK equities currently make up around 3.8 per cent of the FTSE All world index - hence this is also our preferred allocation for the equity portion of client portfolios. “Any increase to this weighting means that we are making an active bet that the UK market will outperform the rest of the world. We don't believe we have enough of an edge to make this call and we would argue that the evidence suggests nobody else does either.”
