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| Editor in chief | Merryn Somerset Webb |
|---|---|
| Categories | Financial news |
| Frequency | Weekly |
| Circulation | 47,366 (2011) |
| Publisher | MoneyWeek Limited |
| Founder | Jolyon Connell |
| Year founded | November 2000 |
| Country | England |
| Website | www.moneyweek.com |
MoneyWeek is a weekly investment magazine that covers financial and economic news and provides commentary and analysis across UK and global markets. MoneyWeek is edited in London and published every Friday.
It is owned by MoneyWeek Limited, a wholly owned subsidiary of U.S.-based Agora Inc headed by Bill Bonner.
From January to June 2011, the magazine had an Audited Bureau of Circulations (ABC) certified circulation of 47,366 (99.0% of which was in the UK and Ireland).
MoneyWeek, founded by Jolyon Connell, was launched in November 2000 and originally published in association with Dennis Publishing, also backed by private investors including Lord Hanson, Lord Rothschild, Roddie Flemming and Wafic Said. It was designed as a financial version of The Week magazine, which was founded by Jolyon Connell five years previously.
MoneyWeek was sold by Dennis Publishing to Financial News Ltd. in August 2002. In late 2003 it was bought by U.S. financial publisher, Agora Inc.
A South African edition of MoneyWeek was launched in June 2007, initially on a subscription basis, with newsstand availability from 2008. A French language edition, published in Paris, was launched in September 2008 but disappeared at the beginning of October 2011. The winding up of MoneyWeek France was officially pronounced at that time.
MoneyWeek is edited by John Stepek. Merryn Somerset Webb is the magazine's editor in chief.
Its aim is "…to make sense of all the thousands of column inches that are published daily in magazines, newspapers and internet sites dedicated to finance and distil it into useful information that we can all profit from".
MoneyWeek provides a digest of the week's financial and investment news, and also covers associated economic and political stories.
In addition to the news digest, it features market commentary and analysis, share tips, interviews, regular columnists (including Bill Bonner, founder of Agora Inc.), and travel and lifestyle pieces.
MoneyWeek's editorial stance on investing and stock markets is often contrarian. For example, it consistently backed gold and oil as worthwhile investments from 2002 onwards, before they reached mainstream media awareness and subsequently rose 500% and 300% respectively by 2012. It has also been predicting a UK housing crash since 2004.. The Halifax house price index is close to but has yet to fall below 2004 levels.
Money Week sends marketing material to lists much larger than its circulation containing extreme views designed to shock. One example of the almost impossible was 'Why UK property prices are going to fall 50%' 24 Sept 09 Money Week. An example of one with severely biased statistical techniques so that non-specialists will be mislead relates to UK government borrowing and spending described in this reference. This approach contrasts starkly with the principles of the original parent 'The Week'.
There are various useful references to make from Money Week's own web site to substantiate encyclopedic entries but their URL is black listed by Wikipedia; which is why there are none present below.
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